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: 2015 | |||
Consolidated Statements of Income | |||
Period Ending Jan 30, 2016 10-K (Filed: Mar 29, 2016) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2016 | Jan 31, 2015 | Feb 1, 2014 | |
| Net sales | $ 30,944,938 | 29,078,407 | 27,422,696 |
| Cost of sales, including buying and occupancy costs | 22,034,523 | 20,776,522 | 19,605,037 |
| Selling, general and administrative expenses | 5,205,715 | 4,695,384 | 4,467,089 |
| Loss on early extinguishment of debt | 16,830 | ||
| Interest expense, net | 46,400 | 39,787 | 31,081 |
| Income before provision for income taxes | 3,658,300 | 3,549,884 | 3,319,489 |
| Provision for income taxes | 1,380,642 | 1,334,756 | 1,182,093 |
| Net income | 2,277,658 | 2,215,128 | 2,137,396 |
| Basic earnings per share: | |||
| Net income | 3.38 | 3.20 | 3.00 |
| Weighted average common shares - basic | 673,484 | 692,691 | 713,470 |
| Diluted earnings per share: | |||
| Net income | 3.33 | 3.15 | 2.94 |
| Weighted average common shares - diluted | 683,251 | 703,545 | 726,376 |
| Cash dividends declared per share | 0.84 | 0.70 | 0.58 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2015 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 30, 2016 10-K (Filed: Mar 29, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2016 | Jan 31, 2015 | Feb 1, 2014 | |
| Net income | $ 2,277,658 | 2,215,128 | 2,137,396 |
| Additions to other comprehensive income: | |||
| Foreign currency translation adjustments, net of related tax provision (benefits) | (143,923) | (218,700) | (57,926) |
| (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 (benefits) | 9,629 | (139,366) | 55,285 |
| Reclassifications from other comprehensive income to net income: | |||
| Amortization of loss on cash flow hedge, net of related tax provision (benefits) | 684 | 452 | |
| Amortization of prior service cost and deferred gains/losses, net of related tax provisions | 20,523 | 7,523 | 16,501 |
| Other comprehensive income (loss), net of tax | (113,087) | (354,853) | 13,860 |
| Total comprehensive income | 2,164,571 | 1,860,275 | 2,151,256 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2015 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 30, 2016 10-K (Filed: Mar 29, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2016 | Jan 31, 2015 | Feb 1, 2014 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,277,658 | 2,215,128 | 2,137,396 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 616,696 | 588,975 | 548,823 |
| Loss on property disposals and impairment charges | 3,383 | 3,897 | 7,914 |
| Deferred income tax provision | 31,204 | 102,070 | 52,233 |
| Share-based compensation | 94,107 | 88,014 | 76,080 |
| Early extinguishment of debt | 16,830 | ||
| Excess tax benefits from share-based compensation | (64,680) | (95,063) | (82,546) |
| Changes in assets and liabilities: | |||
| (Increase) decrease in accounts receivable | (27,357) | (9,052) | 11,979 |
| (Increase) decrease in merchandise inventories | (506,633) | (332,271) | 35,233 |
| Decrease (increase) in taxes recoverable | 1,416 | (12,475) | |
| (Increase) decrease in prepaid expenses and other current assets | (41,519) | 3,719 | (3,354) |
| Increase (decrease) in accounts payable | 216,265 | 285,223 | (152,271) |
| Increase (decrease) in accrued expenses and other liabilities | 284,929 | 20,800 | (29,590) |
| Increase in income taxes payable | 68,014 | 144,977 | 10,994 |
| Other | (16,140) | (12,403) | (12,425) |
| Net cash provided by operating activities | 2,937,343 | 3,008,369 | 2,600,466 |
| Cash flows from investing activities: | |||
| Property additions | (889,380) | (911,522) | (946,678) |
| Purchases of investments | (798,008) | (431,152) | (496,657) |
| Sales and maturities of investments | 681,377 | 388,037 | 394,914 |
| Cash paid for acquisition of Trade Secret, net of cash received | (57,104) | ||
| Cash received at completion of acquisition of Sierra Trading Post | 2,653 | ||
| Net cash (used in) investing activities | (1,063,115) | (954,637) | (1,045,768) |
| 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) | |
| Cash payments for rate lock agreement | (7,937) | (3,251) | |
| Cash payments for repurchase of common stock | (1,828,297) | (1,650,704) | (1,471,096) |
| Proceeds from issuance of common stock | 132,033 | 143,005 | 146,495 |
| Excess tax benefits from share-based compensation | 64,680 | 95,063 | 82,546 |
| Cash dividends paid | (544,271) | (465,902) | (393,755) |
| Net cash (used in) financing activities | (2,175,855) | (1,559,542) | (1,143,803) |
| Effect of exchange rate changes on cash | (96,675) | (150,161) | (73,106) |
| Net (decrease) increase in cash and cash equivalents | (398,302) | 344,029 | 337,789 |
| Cash and cash equivalents at beginning of year | 2,493,775 | 2,149,746 | |
| Cash and cash equivalents at end of year | 2,095,473 | 2,493,775 | 2,149,746 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TJX COMPANIES INC /DE/ | ||
Ticker: TJX Fiscal Year: 2015 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 30, 2016 10-K (Filed: Mar 29, 2016) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 30, 2016 | Jan 31, 2015 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,095,473 | 2,493,775 |
| Short-term investments | 352,313 | 282,623 |
| Accounts receivable, net | 238,072 | 213,824 |
| Merchandise inventories | 3,695,113 | 3,217,923 |
| Prepaid expenses and other current assets | 380,530 | 356,824 |
| Federal, state, and foreign income taxes recoverable | 11,059 | 12,475 |
| Total current assets | 6,772,560 | 6,577,444 |
| Property at cost: | ||
| Land and buildings | 1,013,247 | 888,580 |
| Leasehold costs and improvements | 2,943,191 | 2,780,932 |
| Furniture, fixtures and equipment | 5,112,229 | 4,671,029 |
| Total property at cost | 9,068,667 | 8,340,541 |
| Less accumulated depreciation and amortization | 4,931,092 | 4,472,176 |
| Net property at cost | 4,137,575 | 3,868,365 |
| Non-current deferred income taxes, net | 13,831 | 22,532 |
| Other assets | 231,720 | 210,539 |
| Goodwill and tradenames, net of amortization | 343,796 | 309,870 |
| TOTAL ASSETS | 11,499,482 | 10,988,750 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 2,203,050 | 2,007,511 |
| Accrued expenses and other current liabilities | 2,069,659 | 1,796,122 |
| Federal, state and foreign income taxes payable | 129,521 | 126,001 |
| Total current liabilities | 4,402,230 | 3,929,634 |
| Other long-term liabilities | 881,021 | 888,137 |
| Non-current deferred income taxes, net | 285,102 | 282,885 |
| Long-term debt | 1,624,054 | 1,623,864 |
| Commitments and contingencies (See Note L and Note N) | ||
| SHAREHOLDERS' EQUITY | ||
| Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued | ||
| Common stock, authorized 1,200,000,000 shares, par value $1, issued and outstanding 663,495,715 and 684,733,200, respectively | 663,496 | 684,733 |
| Additional paid-in capital | 0 | 0 |
| Accumulated other comprehensive income (loss) | (667,472) | (554,385) |
| Retained earnings | 4,311,051 | 4,133,882 |
| Total shareholders' equity | 4,307,075 | 4,264,230 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 11,499,482 | 10,988,750 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) Fiscal Year 2015 | |
| 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 |