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: 2016 | |||
Consolidated Statements of Income | |||
Period Ending Jan 28, 2017 10-K (Filed: Mar 28, 2017) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2017 | Jan 30, 2016 | Jan 31, 2015 | |
| Net sales | $ 33,183,744 | 30,944,938 | 29,078,407 |
| Cost of sales, including buying and occupancy costs | 23,565,754 | 22,034,523 | 20,776,522 |
| Selling, general and administrative expenses | 5,768,467 | 5,205,715 | 4,695,384 |
| Loss on early extinguishment of debt | 51,773 | 16,830 | |
| Pension settlement charge | 31,173 | ||
| Interest expense, net | 43,534 | 46,400 | 39,787 |
| Income before provision for income taxes | 3,723,043 | 3,658,300 | 3,549,884 |
| Provision for income taxes | 1,424,809 | 1,380,642 | 1,334,756 |
| Net income | 2,298,234 | 2,277,658 | 2,215,128 |
| Basic earnings per share: | |||
| Net income | 3.51 | 3.38 | 3.20 |
| Weighted average common shares - basic | 655,647 | 673,484 | 692,691 |
| Diluted earnings per share: | |||
| Net income | 3.46 | 3.33 | 3.15 |
| Weighted average common shares - diluted | 664,432 | 683,251 | 703,545 |
| Cash dividends declared per share | 1.04 | 0.84 | 0.70 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2016 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 28, 2017 10-K (Filed: Mar 28, 2017) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2017 | Jan 30, 2016 | Jan 31, 2015 | |
| Net income | $ 2,298,234 | 2,277,658 | 2,215,128 |
| Additions to other comprehensive income: | |||
| Foreign currency translation adjustments, net of related tax provision (benefits) | (52,611) | (143,923) | (218,700) |
| 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 | (11,239) | 9,629 | (139,366) |
| Reclassifications from other comprehensive income to net income: | |||
| Pension settlement charge, net of related tax provision | 18,804 | ||
| Amortization of loss on cash flow hedge, net of related tax provision | 684 | 684 | 452 |
| Amortization of prior service cost and deferred gains/losses, net of related tax provisions | 17,608 | 20,523 | 7,523 |
| Other comprehensive income (loss), net of tax | (26,754) | (113,087) | (354,853) |
| Total comprehensive income | 2,271,480 | 2,164,571 | 1,860,275 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2016 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 28, 2017 10-K (Filed: Mar 28, 2017) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2017 | Jan 30, 2016 | Jan 31, 2015 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,298,234 | 2,277,658 | 2,215,128 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 658,796 | 616,696 | 588,975 |
| Loss on property disposals and impairment charges | 5,207 | 3,383 | 3,897 |
| Deferred income tax (benefit) provision | (5,503) | 31,204 | 102,070 |
| Share-based compensation | 102,251 | 94,107 | 88,014 |
| Loss on early extinguishment of debt | 51,773 | 16,830 | |
| Pension settlement charge | 31,173 | ||
| Excess tax benefits from share-based compensation | (70,999) | (64,680) | (95,063) |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (23,235) | (27,357) | (9,052) |
| Decrease (increase) in merchandise inventories | 11,862 | (506,633) | (332,271) |
| (Increase) in prepaid expenses and other current assets | (9,600) | (40,103) | (8,756) |
| Increase in accounts payable | 48,253 | 216,265 | 285,223 |
| Increase in accrued expenses and other liabilities | 389,399 | 284,929 | 20,800 |
| Increase in income taxes payable | 146,766 | 68,014 | 144,977 |
| Other | (32,483) | (16,140) | (12,403) |
| Net cash provided by operating activities | 3,601,894 | 2,937,343 | 3,008,369 |
| Cash flows from investing activities: | |||
| Property additions | (1,024,747) | (889,380) | (911,522) |
| Purchases of investments | (716,953) | (798,008) | (431,152) |
| Sales and maturities of investments | 529,146 | 681,377 | 388,037 |
| Acquisition of Trade Secret | (2,324) | (57,104) | |
| Net cash (used in) investing activities | (1,214,878) | (1,063,115) | (954,637) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of long-term debt | 992,540 | 749,475 | |
| Cash payments for extinguishment of debt | (425,584) | (416,357) | |
| Cash payments for debt issuance expenses | (9,921) | (6,185) | |
| Cash payments for rate lock agreement | (3,150) | (7,937) | |
| Cash payments for repurchase of common stock | (1,699,998) | (1,828,297) | (1,650,704) |
| Proceeds from issuance of common stock | 164,190 | 132,033 | 143,005 |
| Excess tax benefits from share-based compensation | 70,999 | 64,680 | 95,063 |
| Cash dividends paid | (650,988) | (544,271) | (465,902) |
| Net cash (used in) financing activities | (1,561,912) | (2,175,855) | (1,559,542) |
| Effect of exchange rate changes on cash | 9,272 | (96,675) | (150,161) |
| Net increase (decrease) in cash and cash equivalents | 834,376 | (398,302) | 344,029 |
| Cash and cash equivalents at beginning of year | 2,095,473 | 2,493,775 | |
| Cash and cash equivalents at end of year | 2,929,849 | 2,095,473 | 2,493,775 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TJX COMPANIES INC /DE/ | ||
Ticker: TJX Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 28, 2017 10-K (Filed: Mar 28, 2017) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 28, 2017 | Jan 30, 2016 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,929,849 | 2,095,473 |
| Short-term investments | 543,242 | 352,313 |
| Accounts receivable, net | 258,831 | 238,072 |
| Merchandise inventories | 3,644,959 | 3,695,113 |
| Prepaid expenses and other current assets | 373,893 | 391,589 |
| Total current assets | 7,750,774 | 6,772,560 |
| Net property at cost | 4,532,894 | 4,137,575 |
| Non-current deferred income taxes, net | 6,193 | 13,831 |
| Goodwill | 195,871 | 193,911 |
| Other assets | 398,076 | 372,554 |
| TOTAL ASSETS | 12,883,808 | 11,490,431 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 2,230,904 | 2,203,050 |
| Accrued expenses and other current liabilities | 2,320,464 | 2,069,659 |
| Federal, state and foreign income taxes payable | 206,288 | 129,521 |
| Total current liabilities | 4,757,656 | 4,402,230 |
| Other long-term liabilities | 1,073,954 | 881,021 |
| Non-current deferred income taxes, net | 314,000 | 285,102 |
| Long-term debt | 2,227,599 | 1,615,003 |
| Commitments and contingencies (See Note M and Note O) | ||
| 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 646,319,046 and 663,495,715, respectively | 646,319 | 663,496 |
| Additional paid-in capital | 0 | 0 |
| Accumulated other comprehensive income (loss) | (694,226) | (667,472) |
| Retained earnings | 4,558,506 | 4,311,051 |
| Total shareholders' equity | 4,510,599 | 4,307,075 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 12,883,808 | 11,490,431 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) Fiscal Year 2016 | |
| 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 |