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: 2019 | |||
Consolidated Statements of Income | |||
Period Ending Feb 1, 2020 10-K (Filed: Mar 27, 2020) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | |
| Net sales | $ 41,716,977 | 38,972,934 | 35,864,664 |
| Cost of sales, including buying and occupancy costs | 29,845,780 | 27,831,177 | 25,502,167 |
| Selling, general and administrative expenses | 7,454,988 | 6,923,564 | 6,375,071 |
| Impairment of goodwill and other long-lived assets, related to Sierra | 0 | 0 | 99,250 |
| Pension settlement charge | 0 | 36,122 | 0 |
| Interest expense, net | 10,026 | 8,860 | 31,588 |
| Income before provision for income taxes | 4,406,183 | 4,173,211 | 3,856,588 |
| Provision for income taxes | 1,133,990 | 1,113,413 | 1,248,640 |
| Net income | 3,272,193 | 3,059,798 | 2,607,948 |
| Basic earnings per share (in dollars per share) | 2.71 | 2.47 | 2.05 |
| Weighted average common shares - basic (in share) | 1,208,163 | 1,241,153 | 1,273,654 |
| Diluted earnings per share (in dollars per share) | 2.67 | 2.43 | 2.02 |
| Weighted average common shares - diluted (in dollars per share) | 1,226,519 | 1,259,252 | 1,292,209 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2019 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Feb 1, 2020 10-K (Filed: Mar 27, 2020) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | |
| Net income | $ 3,272,193 | 3,059,798 | 2,607,948 |
| Additions to other comprehensive loss: | |||
| Foreign currency translation adjustments, net of related tax benefits of $1,189 and $8,233 in fiscal 2020 and 2019, respectively, and provision of $36,929 in fiscal 2018 | (3,943) | (192,664) | 211,752 |
| Gain on net investment hedges, net of related tax provision of $7,113 in fiscal 2019 | 0 | 19,538 | 0 |
| Recognition of net gains/losses on benefit obligations, net of related tax benefits of $20,489 and $19,813 in fiscal 2020 and 2019, respectively, and provision of $8,989 in fiscal 2018 | (56,275) | (54,420) | 24,691 |
| Reclassifications from other comprehensive loss to net income: | |||
| Pension settlement charge, net of related tax provision of $9,641 in fiscal 2019 | 0 | 26,481 | 0 |
| Amortization of loss on cash flow hedge, net of related tax provisions of $303, $304, and $438 in fiscal 2020, 2019 and 2018, respectively | 831 | 847 | 696 |
| Amortization of prior service cost and deferred gains/losses, net of related tax provisions of $6,019, $4,280, and $9,592, in fiscal 2020, 2019 and 2018, respectively | 16,537 | 11,756 | 15,228 |
| Other comprehensive (loss) income, net of tax | (42,850) | (188,462) | 252,367 |
| Total comprehensive income | 3,229,343 | 2,871,336 | 2,860,315 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Feb 1, 2020 10-K (Filed: Mar 27, 2020) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | |
| Cash flows from operating activities: | |||
| Net income | $ 3,272,193 | 3,059,798 | 2,607,948 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 867,303 | 819,655 | 725,957 |
| Loss on property disposals and impairment charges | 16,054 | 17,653 | 8,871 |
| Deferred income tax (benefit) | (6,233) | (88,594) | (137,440) |
| Share-based compensation | 124,957 | 103,557 | 101,362 |
| Impairment of goodwill and other long-lived assets, related to Sierra | 0 | 0 | 99,250 |
| Pension settlement charge | 0 | 36,122 | 0 |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (42,998) | (23,532) | (62,358) |
| (Increase) in merchandise inventories | (296,541) | (465,429) | (450,377) |
| (Increase) decrease in prepaid expenses and other current assets | (51,261) | 236,342 | (317,850) |
| Increase in accounts payable | 29,338 | 198,212 | 205,111 |
| Increase in accrued expenses and other liabilities | 345,745 | 169,418 | 334,522 |
| (Decrease) increase in income taxes payable | (128,342) | 40,965 | (94,492) |
| Other, net | (63,675) | (15,708) | 5,120 |
| Net cash provided by operating activities | 4,066,540 | 4,088,459 | 3,025,624 |
| Cash flows from investing activities: | |||
| Property additions | (1,223,116) | (1,125,139) | (1,057,617) |
| Investment in Familia | (230,156) | 0 | 0 |
| Purchases of investments | (28,838) | (161,625) | (861,256) |
| Sales and maturities of investments | 12,720 | 636,560 | 906,137 |
| Other | 7,419 | 26,652 | 0 |
| Net cash (used in) investing activities | (1,461,971) | (623,552) | (1,012,736) |
| Cash flows from financing activities: | |||
| Cash payments for repurchase of common stock | (1,551,992) | (2,406,997) | (1,644,581) |
| Proceeds from issuance of common stock | 232,106 | 255,241 | 133,687 |
| Cash payments of employee tax withholdings for performance based stock awards | (23,423) | (16,014) | (19,274) |
| Cash dividends paid | (1,071,562) | (922,596) | (764,040) |
| Other | 0 | (7,115) | (3,138) |
| Net cash (used in) financing activities | (2,414,871) | (3,097,481) | (2,297,346) |
| Effect of exchange rate changes on cash | (3,175) | (95,674) | 113,086 |
| Net increase (decrease) in cash and cash equivalents | 186,523 | 271,752 | (171,372) |
| Cash and cash equivalents at beginning of year | 3,030,229 | 2,758,477 | |
| Cash and cash equivalents at end of year | 3,216,752 | 3,030,229 | 2,758,477 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TJX COMPANIES INC /DE/ | ||
Ticker: TJX Fiscal Year: 2019 | ||
Consolidated Balance Sheets | ||
Period Ending Feb 1, 2020 10-K (Filed: Mar 27, 2020) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Feb 1, 2020 | Feb 2, 2019 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,216,752 | 3,030,229 |
| Accounts receivable, net | 386,261 | 346,298 |
| Merchandise inventories | 4,872,592 | 4,579,033 |
| Prepaid expenses and other current assets | 415,017 | 513,662 |
| Total current assets | 8,890,622 | 8,469,222 |
| Net property at cost | 5,325,048 | 5,255,208 |
| Non-current deferred income taxes, net | 12,132 | 6,467 |
| Operating lease right of use assets | 9,060,332 | 8,704,584 |
| Goodwill | 95,546 | 97,552 |
| Other assets | 761,323 | 497,580 |
| TOTAL ASSETS | 24,145,003 | 14,326,029 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | 2,672,557 | 2,644,143 |
| Accrued expenses and other current liabilities | 3,041,774 | 2,733,076 |
| Current portion of operating lease liabilities | 1,411,216 | 1,481,555 |
| Federal, state and foreign income taxes payable | 24,700 | 154,155 |
| Total current liabilities | 7,150,247 | 5,531,374 |
| Other long-term liabilities | 851,116 | 1,354,242 |
| Non-current deferred income taxes, net | 142,170 | 158,191 |
| Long-term operating lease liabilities | 7,816,633 | 7,359,106 |
| Aggregate maturities of long-term debt | 2,236,625 | 2,233,616 |
| Commitments and contingencies (See Note N) | ||
| SHAREHOLDERS EQUITY | ||
| Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued | 0 | 0 |
| Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,199,099,768 and 1,217,182,508, respectively | 1,199,100 | 1,217,183 |
| Additional paid-in capital | 0 | 0 |
| Accumulated other comprehensive (loss) income | (673,171) | (630,321) |
| Retained earnings | 5,422,283 | 4,461,744 |
| Total shareholders equity | 5,948,212 | 5,048,606 |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 24,145,003 | 14,326,029 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) Fiscal Year 2019 | |
| 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 |