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BJS WHOLESALE CLUB INC - 10-Q - 20040817 - BALANCE_SHEET
BJ’S WHOLESALE CLUB, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
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July 31,
2004
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January 31,
2004
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August 2,
2003
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(Dollars in Thousands)
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ASSETS
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Current assets:
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Cash and cash equivalents
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$
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146,302
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$
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78,720
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$
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44,919
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Accounts receivable
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72,055
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78,672
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60,956
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Merchandise inventories
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700,128
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709,362
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652,406
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Current deferred income taxes
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17,707
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19,326
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18,195
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Prepaid expenses
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17,241
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22,640
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16,640
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Total current assets
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953,433
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908,720
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793,116
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Property at cost:
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Land and buildings
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541,613
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539,885
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508,342
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Leasehold costs and improvements
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124,022
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121,128
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110,465
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Furniture, fixtures and equipment
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496,052
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479,444
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454,759
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1,161,687
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1,140,457
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1,073,566
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Less: accumulated depreciation and amortization
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389,270
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351,153
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337,138
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772,417
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789,304
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736,428
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Other assets
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22,969
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23,085
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23,744
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Total assets
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$
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1,748,819
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$
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1,721,109
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$
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1,553,288
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LIABILITIES
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Current liabilities:
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Current installments of long-term debt
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$
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414
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$
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400
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$
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—
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Accounts payable
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522,683
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506,988
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477,620
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Accrued expenses and other current liabilities
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188,036
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205,669
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163,744
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Accrued federal and state income taxes
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25,976
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37,928
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27,778
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Closed store lease obligations due within one year
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8,471
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10,448
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17,300
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Total current liabilities
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745,580
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761,433
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686,442
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Long-term debt, less portion due within one year
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3,415
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3,625
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—
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Noncurrent closed store lease obligations
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10,627
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11,463
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17,728
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Other noncurrent liabilities
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62,868
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58,199
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53,728
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Deferred income taxes
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39,974
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34,168
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20,679
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Commitments and contingencies
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STOCKHOLDERS’ EQUITY
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Preferred stock, par value $.01, authorized 20,000,000 shares, no shares issued
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—
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—
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—
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Common stock, par value $.01, authorized 180,000,000 shares, issued 74,410,190 shares
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744
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744
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744
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Additional paid-in capital
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43,810
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52,683
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60,956
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Retained earnings
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1,008,650
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964,533
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894,925
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Treasury stock, at cost, 4,869,831, 4,620,587 and 5,071,513 shares
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(166,849
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(165,739
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(181,914
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Total stockholders’ equity
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886,355
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852,221
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774,711
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Total liabilities and stockholders’ equity
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$
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1,748,819
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$
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1,721,109
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$
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1,553,288
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