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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 02, 2020
Aug. 03, 2019
Current assets:    
Cash and cash equivalents $ 56,425 $ 42,350
Accounts receivable, net 1,232,612 1,065,699
Inventories 2,025,694 2,089,416
Prepaid expenses and other current assets 279,886 226,727
Current assets of discontinued operations 128,855 143,729
Total current assets 3,723,472 3,567,921
Property and equipment, net 1,534,270 1,639,259
Operating lease assets 984,039 0
Goodwill 19,148 442,256
Intangible assets, net 956,717 1,041,058
Deferred income taxes 67,690 31,087
Other assets 94,181 107,319
Long-term assets of discontinued operations 321,256 352,065
Total assets 7,700,773 7,180,965
Current liabilities:    
Accounts payable 1,716,263 1,476,857
Accrued expenses and other current liabilities 271,633 249,426
Accrued compensation and benefits 182,029 148,296
Current portion of operating lease liabilities 138,698 [1] 0
Current portion of long-term debt and finance lease liabilities 33,440 112,103
Current liabilities of discontinued operations 135,503 122,265
Total current liabilities 2,477,566 2,108,947
Long-term debt 2,541,657 2,819,050
Long-term operating lease liabilities 877,229 [1] 0
Long-term finance lease liabilities 145,672 [2] 108,208
Pension and other postretirement benefit obligations 191,105 237,266
Deferred income taxes 979 1,042
Other long-term liabilities 289,706 393,595
Long-term liabilities of discontinued operations 8,899 1,923
Total liabilities 6,532,813 5,670,031
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 5,000 shares; none issued or outstanding 0 0
Common stock, $0.01 par value, authorized 100,000 shares; 55,292 shares issued and 54,677 shares outstanding at May 2, 2020; 53,501 shares issued and 52,886 shares outstanding at August 3, 2019 553 535
Additional paid-in capital 558,738 530,801
Treasury stock at cost (24,231) (24,231)
Accumulated other comprehensive loss (151,645) (108,953)
Retained earnings 786,400 1,115,519
Total United Natural Foods, Inc. stockholders' equity 1,169,815 1,513,671
Noncontrolling interests (1,855) (2,737)
Total stockholders' equity 1,167,960 1,510,934
Total liabilities and stockholders’ equity $ 7,700,773 $ 7,180,965
[1]
Operating lease payments include $11.4 million related to extension options that are reasonably certain of being exercised and exclude $38.5 million of legally binding minimum lease payments for leases signed but not yet commenced.
[2]
Finance lease payments include $0.0 million related to extension options that are reasonably certain of being exercised and exclude $0.5 million of legally binding minimum lease payments for leases signed but not yet commenced. This table excludes payments related to a facility the Company is deemed the accounting owner, which is recognized as a residual obligation, and is subject to an underlying lease.