Big Lots Inc. (BIG) 2010年年度报告「NYSE」.pdf

1、Big Lots,Inc.2010 Annual ReportFinancial Highlights (Unaudited Adjusted Results)Earnings Data Net sales$4,952,244$4,726,772$4,645,283 Net sales increase(decrease)4.8%1.8%(0.2)%Income from continuing operations(a)$222,547$195,627$154,798 Income from continuing operations increase(a)13.8%26.4%6.7%Earn

2、ings from continuing operations per share-diluted(a)$2.83$2.37$1.89Earnings from continuing operations per share-diluted increase(a)19.4%25.4%34.0%Average diluted common shares outstanding(000s)78,581 82,681 82,076Gross margin-%of net sales 40.6%40.6%40.0%Selling and administrative expenses-%of net

3、sales(a)31.8%32.3%32.8%Depreciation expense-%of net sales 1.6%1.6%1.7%Operating profit-%of net sales(a)7.2%6.7%5.5%Net interest expense-%of net sales 0.0%0.0%0.1%Income from continuing operations-%of net sales(a)4.5%4.1%3.3%Balance Sheet Data and Financial Ratios Cash and cash equivalents$177,539$28

4、3,733$34,773Inventories 762,146 731,337 736,616Property and equipment-net 524,906 491,256 490,041Total assets 1,619,599 1,669,493 1,432,458Borrowings under bank credit facility -61,700Shareholders equity 946,793 1,001,412 774,845Working capital(b)$509,788$580,446$355,776Current ratio 1.9 2.1 1.7Inve

5、ntory turnover 3.6 3.7 3.6Bank borrowings to total capitalization 0.0%0.0%7.4%Return on assets-continuing operations(a)13.5%12.6%10.8%Return on shareholders equity-continuing operations(a)22.8%22.0%21.9%Cash Flow Data Cash provided by operating activities(c)$315,257$392,026$211,063 Cash used in inve

6、sting activities(d)(114,552)(77,937)(88,192)Cash flow(e)$200,705$314,089$122,871 Store DataStores open at end of the fiscal year 1,398 1,361 1,339Gross square footage(000s)42,037 40,591 39,888 Selling square footage(000s)30,210 29,176 28,674Increase(decrease)in selling square footage 3.5%1.8%(0.8)%A