XML 60 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 28, 2013
Dec. 29, 2012
Sep. 29, 2012
Current Assets:      
Cash and cash equivalents $ 6,832 $ 59,402 $ 31,221
Accounts receivable - trade, net 121,833 121,591 126,655
Inventories, net 310,638 220,538 245,578
Deferred income taxes 806 1,259 170
Other current assets 58,846 49,466 47,917
Total current assets 498,955 452,256 451,541
Property and Equipment, Net 244,471 219,963 224,587
Goodwill 52,679 60,223 1,574
Intangibles, Net 122,602 131,350 116,623
Deferred Income Taxes 64 65  
Other Assets 38,241 38,666 49,027
Total Assets 957,012 902,523 843,352
Current Liabilities:      
Short-term borrowings 137,440 4,345 4,681
Convertible Senior Notes   18,287 28,687
Accounts payable 217,754 174,705 168,849
Accrued expenses 209,370 217,464 215,001
Income taxes payable 1,326 932 794
Deferred income taxes   116 16
Total current liabilities 565,890 415,849 418,028
Long-Term Debt 391,279 383,662 384,841
Other Non-Current Liabilities 198,878 208,916 216,957
Deferred Income Taxes 21,680 21,026 15,724
Commitments and Contingencies (Note 11)         
Stockholders' Deficit:      
Preferred stock, $0.01 par value, authorized shares - 50,000,000, issued shares - none         
Common stock, $1.00 par value, authorized shares - 250,000,000, issued shares - 176,437,234 176,437 176,437 176,437
Capital in excess of par value 151,572 147,018 147,137
Retained earnings 838,027 1,071,551 1,094,421
Accumulated other comprehensive loss (17,201) (10,074) (5,854)
Total Fifth & Pacific Companies, Inc. stockholders' deficit, excluding treasury stock 1,148,835 1,384,932 1,412,141
Common stock in treasury, at cost - 53,750,374, 59,851,190 and 63,237,133 shares (1,369,550) (1,511,862) (1,604,339)
Total stockholders' deficit (220,715) (126,930) (192,198)
Total Liabilities and Stockholders' Deficit $ 957,012 $ 902,523 $ 843,352