10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2014 | |||
Consolidated Statements of Income | |||
Period Ending Jan 31, 2015 10-K (Filed: Mar 31, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2015 | Feb 1, 2014 | Feb 2, 2013 | |
| Net sales | $ 29,078,407 | 27,422,696 | 25,878,372 |
| Cost of sales, including buying and occupancy costs | 20,776,522 | 19,605,037 | 18,521,400 |
| Selling, general and administrative expenses | 4,695,384 | 4,467,089 | 4,250,446 |
| Loss on early extinguishment of debt | 16,830 | ||
| Interest expense, net | 39,787 | 31,081 | 29,175 |
| Income before provision for income taxes | 3,549,884 | 3,319,489 | 3,077,351 |
| Provision for income taxes | 1,334,756 | 1,182,093 | 1,170,664 |
| Net income | 2,215,128 | 2,137,396 | 1,906,687 |
| Basic earnings per share: | |||
| Net income | 3.20 | 3.00 | 2.60 |
| Weighted average common shares - basic | 692,691 | 713,470 | 733,588 |
| Diluted earnings per share: | |||
| Net income | 3.15 | 2.94 | 2.55 |
| Weighted average common shares - diluted | 703,545 | 726,376 | 747,555 |
| Cash dividends declared per share | 0.70 | 0.58 | 0.46 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2014 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 31, 2015 10-K (Filed: Mar 31, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2015 | Feb 1, 2014 | Feb 2, 2013 | |
| Net income | $ 2,215,128 | 2,137,396 | 1,906,687 |
| Additions to other comprehensive income: | |||
| Foreign currency translation adjustments, net of related tax provision (benefits) | (218,700) | (57,926) | 6,200 |
| (Loss) on cash flow hedge, net of related tax benefit | (4,762) | ||
| Recognition of net gains/losses on benefit obligations, net of related tax provision (benefit) | (139,366) | 55,285 | (41,043) |
| Reclassifications from other comprehensive income to net income: | |||
| Amortization of loss on cash flow hedge, net of related tax provision | 452 | ||
| Amortization of prior service cost and deferred gains/losses, net of related tax provisions | 7,523 | 16,501 | 14,026 |
| Other comprehensive income (loss), net of tax | (354,853) | 13,860 | (20,817) |
| Total comprehensive income | 1,860,275 | 2,151,256 | 1,885,870 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2014 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 31, 2015 10-K (Filed: Mar 31, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2015 | Feb 1, 2014 | Feb 2, 2013 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,215,128 | 2,137,396 | 1,906,687 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 588,975 | 548,823 | 508,929 |
| Loss on property disposals and impairment charges | 3,897 | 7,914 | 11,876 |
| Deferred income tax provision | 102,070 | 52,233 | 13,265 |
| Share-based compensation | 88,014 | 76,080 | 64,416 |
| Early extinguishment of debt | 16,830 | ||
| Excess tax benefits from share-based compensation | (95,063) | (82,546) | (62,472) |
| Changes in assets and liabilities: | |||
| (Increase) decrease in accounts receivable | (9,052) | 11,979 | (18,418) |
| (Increase) decrease in merchandise inventories | (332,271) | 35,233 | 27,186 |
| (Increase) in taxes recoverable | (12,475) | ||
| Decrease (increase) in prepaid expenses and other current assets | 3,719 | (3,354) | (53,705) |
| Increase (decrease) in accounts payable | 285,223 | (152,271) | 211,689 |
| Increase (decrease) in accrued expenses and other liabilities | 20,800 | (29,590) | 268,901 |
| Increase in income taxes payable | 144,977 | 10,994 | 176,076 |
| Other | (12,403) | (12,425) | 1,290 |
| Net cash provided by operating activities | 3,008,369 | 2,600,466 | 3,055,720 |
| Cash flows from investing activities: | |||
| Property additions | (911,522) | (946,678) | (978,228) |
| Purchases of investments | (431,152) | (496,657) | (371,670) |
| Sales and maturities of investments | 388,037 | 394,914 | 218,828 |
| Cash paid for acquisition of Sierra Trading Post, net of cash received | 2,653 | (190,374) | |
| Other | 34,490 | ||
| Net cash (used in) investing activities | (954,637) | (1,045,768) | (1,286,954) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of long-term debt | 749,475 | 499,555 | |
| Cash payments for extinguishment of debt | (416,357) | ||
| Cash payments for debt issuance expenses | (6,185) | (4,297) | (1,370) |
| Cash payments for rate lock agreement | (7,937) | (3,251) | |
| Cash payments on capital lease obligation | (1,456) | ||
| Cash payments for repurchase of common stock | (1,650,704) | (1,471,096) | (1,345,082) |
| Proceeds from issuance of common stock | 143,005 | 146,495 | 133,771 |
| Excess tax benefits from share-based compensation | 95,063 | 82,546 | 62,472 |
| Cash dividends paid | (465,902) | (393,755) | (323,922) |
| Net cash (used in) financing activities | (1,559,542) | (1,143,803) | (1,475,587) |
| Effect of exchange rate changes on cash | (150,161) | (73,106) | 11,666 |
| Net increase in cash and cash equivalents | 344,029 | 337,789 | 304,845 |
| Cash and cash equivalents at beginning of year | 2,149,746 | 1,811,957 | |
| Cash and cash equivalents at end of year | 2,493,775 | 2,149,746 | 1,811,957 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TJX COMPANIES INC /DE/ | ||
Ticker: TJX Fiscal Year: 2014 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 31, 2015 10-K (Filed: Mar 31, 2015) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 31, 2015 | Feb 1, 2014 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,493,775 | 2,149,746 |
| Short-term investments | 282,623 | 294,702 |
| Accounts receivable, net | 213,824 | 210,094 |
| Merchandise inventories | 3,217,923 | 2,966,490 |
| Prepaid expenses and other current assets | 356,824 | 345,327 |
| Federal, state, and foreign income taxes recoverable | 12,475 | |
| Current deferred income taxes, net | 137,617 | 101,639 |
| Total current assets | 6,715,061 | 6,067,998 |
| Property at cost: | ||
| Land and buildings | 888,580 | 722,645 |
| Leasehold costs and improvements | 2,780,932 | 2,720,391 |
| Furniture, fixtures and equipment | 4,671,029 | 4,255,210 |
| Total property at cost | 8,340,541 | 7,698,246 |
| Less accumulated depreciation and amortization | 4,472,176 | 4,103,745 |
| Net property at cost | 3,868,365 | 3,594,501 |
| Non-current deferred income taxes, net | 24,546 | 31,508 |
| Other assets | 210,539 | 194,328 |
| Goodwill and tradenames, net of amortization | 309,870 | 312,687 |
| TOTAL ASSETS | 11,128,381 | 10,201,022 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 2,007,511 | 1,771,294 |
| Accrued expenses and other current liabilities | 1,796,122 | 1,681,834 |
| Federal, state and foreign income taxes payable | 126,001 | 64,715 |
| Total current liabilities | 3,929,634 | 3,517,843 |
| Other long-term liabilities | 888,137 | 732,999 |
| Non-current deferred income taxes, net | 422,516 | 446,071 |
| Long-term debt | 1,623,864 | 1,274,216 |
| Commitments and contingencies (see Note M and Note O) | ||
| SHAREHOLDERS' EQUITY | ||
| Common stock, authorized 1,200,000,000 shares, par value $1, issued and outstanding 684,733,200 and 705,016,838, respectively | 684,733 | 705,017 |
| Additional paid-in capital | 0 | 0 |
| Accumulated other comprehensive income (loss) | (554,385) | (199,532) |
| Retained earnings | 4,133,882 | 3,724,408 |
| Total shareholders' equity | 4,264,230 | 4,229,893 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 11,128,381 | 10,201,022 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |