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Posted on Jul 20, 2024

sos help im stuck Attached is an excerot from the 2019 10-K fine of Dicks Sporting Goods. For the fiscal Year ended Feb. 1. 2020,

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Attached is an excerot from the 2019 10-K fine of Dicks Sporting Goods. For the fiscal Year ended Feb. 1. 2020, Dick's reported a net PP&E value of 1.415.728 in thousands of dollars. Using pote 3 to the financial statements, what was the acquisition cost of that net PP? Enter your answer in thousands of dollars, as shown on the financial statements and notes Dicks Sporting Goods Excerpt 2019.pdt Table of Contents DICK'S SPORTING GOODS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (Amounts in thousands, except per share data) Fiscal Year Ended February 2, 2019 8,436,370 5.998.788 2.437,782 1986,576 6,473 144733 February 1 2020 8,750,743 4,196,185 2.354338 2.193.677 3.268 373.60 (33.779) 17/012 (15324) 407.704 110.242 297,462 February 2018 8.390.472 6,101,412 2,489,060 1982.363 29,123 477,574 Net sales Cost of goods sold, including occupancy and distribution costs GROSS PROFIT Selling general and administrative expenses Pre-opening expenses INCOME FROM OPERATIONS Cain on sale of wawidiaries Interest expense Other income pense INCOME BEFORE INCOME TAXES Provinsice for income NET INCOME EARNINGS PER COMMON SHARE Basic Dile WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Bar pilai 10,249 2.565 431,920 12.056 319.66 8,047 (1310 501, 137 127,892 3:40 102 3.14 3.24 87.502 89,066 97.70 07 106977 107.556 DICK'S SPORTING GOODS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) February 1. 2020 February 2. 2019 $ S 69,334 53.173 5,762 2.202,275 79,472 2.410,016 1415,72 2,313,846 94.76 345.857 119,653 17970 6,135 1,824,696 139,944 2,122,398 1.568.271 ASSETS CURRENT ASSETS Cash and cash equivalent Accounts receivable, et Income taxes receivable Inventories, Prepaid expenses and other currenties Total current Property and equipment, et Operating loc Intamphlenses, Goodwill HER ASSETS Deferred to as Other Tocal other TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable Accidentes Operating lowe Income taxes payable Deland revenue and others 130,166 230.476 14,412 133.933 1-48.345 6,628.560 1300 105.595 TIX 4,187,149 5 19,90 1.001.589 415.501 422,970 10,433 225.959 2,076,474 2,140 2017 LSON LONG-TERM LIABILITIES 224.100 24502346 12 Other langt hilities Tables 7.73 2 STOCHONSEQUITY helemaal op har 3.100.hu horon edundtanding Co do which 300.000.000 11.156.74 and 59.235.13 standing thay 2011 dating at Forway2.2019 0.01 poster, when shares 10.000.000 34.91.123 issued and outstanding of way 1, 2000; 24541113 ning by 2. 2019 93 11.69.43? Fwy 1.3000 wory 2.3019. respectively 11. TOTAL LALLIS AND STOCKHOLBEROLITY 2. Earnings per Common Share The computations for basic and diluted earnings per common share are as follows (in thousands, except per share dara); Fiscal Year Ended 2018 2019 2017 $ $ 297,462 87,502 3.40 319,864 97,743 3.27 323.445 106,977 3.02 S $ Earings per common share - Basic: Net Income Weighted average common shares outstanding - basie Earnings per common share Earnings per common share. Diluted: Net income Weighted average common shares outstanding - basic Dilutive effect of stock-based awards Weighted average common shares outstanding-diluted Earnings per common share Anti-ditutive stock-based awards excluded from diluted cnlontation S 297.462 87,502 1,564 89,066 319,864 97,743 1,038 98,781 3.24 323,445 106,977 609 107,586 3.01 3,693 3.34 2.990 3.519 3. Property and Equipment Property and equipment are recorded at cost and consist of the following as of the end of the fiscal periods presented below (in thousands) 2019 2018 Buildings and land 322.618 320,243 Leasehold improvements 1,671,782 1,613,663 Fumiture, fixtures and equipment 1.148.670 172,380 Computer software 424,584 193.333 Total property and equipment 3,567,654 3.499,621 Les accumulated depreciation and amortization (2.151.926) (1.934,550) Net property and equipment 1.415.728 1,565.271 The amounts above include construction in progress of $44.7 million and 5743 million for fiscal 2019 and 2018, respectively 4. Goodwill and Tatangible Assets Godwill The following table summaries changes in the carrying amount of goodwill, which is reported net of million in accumulated impairments in each period for the fiscal periods presented in the 2019 20IN Ooodwill, balance beginning of your 230.476 250,475 Sale of subsidiaries (4.6193 Cloodwill, balance of your S 245,837 5 No impairment changes were recorded in yoodwill in the 2019. 2018 of 2017 Attached is an excerot from the 2019 10-K fine of Dicks Sporting Goods. For the fiscal Year ended Feb. 1. 2020, Dick's reported a net PP&E value of 1.415.728 in thousands of dollars. Using pote 3 to the financial statements, what was the acquisition cost of that net PP? Enter your answer in thousands of dollars, as shown on the financial statements and notes Dicks Sporting Goods Excerpt 2019.pdt Table of Contents DICK'S SPORTING GOODS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (Amounts in thousands, except per share data) Fiscal Year Ended February 2, 2019 8,436,370 5.998.788 2.437,782 1986,576 6,473 144733 February 1 2020 8,750,743 4,196,185 2.354338 2.193.677 3.268 373.60 (33.779) 17/012 (15324) 407.704 110.242 297,462 February 2018 8.390.472 6,101,412 2,489,060 1982.363 29,123 477,574 Net sales Cost of goods sold, including occupancy and distribution costs GROSS PROFIT Selling general and administrative expenses Pre-opening expenses INCOME FROM OPERATIONS Cain on sale of wawidiaries Interest expense Other income pense INCOME BEFORE INCOME TAXES Provinsice for income NET INCOME EARNINGS PER COMMON SHARE Basic Dile WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Bar pilai 10,249 2.565 431,920 12.056 319.66 8,047 (1310 501, 137 127,892 3:40 102 3.14 3.24 87.502 89,066 97.70 07 106977 107.556 DICK'S SPORTING GOODS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) February 1. 2020 February 2. 2019 $ S 69,334 53.173 5,762 2.202,275 79,472 2.410,016 1415,72 2,313,846 94.76 345.857 119,653 17970 6,135 1,824,696 139,944 2,122,398 1.568.271 ASSETS CURRENT ASSETS Cash and cash equivalent Accounts receivable, et Income taxes receivable Inventories, Prepaid expenses and other currenties Total current Property and equipment, et Operating loc Intamphlenses, Goodwill HER ASSETS Deferred to as Other Tocal other TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable Accidentes Operating lowe Income taxes payable Deland revenue and others 130,166 230.476 14,412 133.933 1-48.345 6,628.560 1300 105.595 TIX 4,187,149 5 19,90 1.001.589 415.501 422,970 10,433 225.959 2,076,474 2,140 2017 LSON LONG-TERM LIABILITIES 224.100 24502346 12 Other langt hilities Tables 7.73 2 STOCHONSEQUITY helemaal op har 3.100.hu horon edundtanding Co do which 300.000.000 11.156.74 and 59.235.13 standing thay 2011 dating at Forway2.2019 0.01 poster, when shares 10.000.000 34.91.123 issued and outstanding of way 1, 2000; 24541113 ning by 2. 2019 93 11.69.43? Fwy 1.3000 wory 2.3019. respectively 11. TOTAL LALLIS AND STOCKHOLBEROLITY 2. Earnings per Common Share The computations for basic and diluted earnings per common share are as follows (in thousands, except per share dara); Fiscal Year Ended 2018 2019 2017 $ $ 297,462 87,502 3.40 319,864 97,743 3.27 323.445 106,977 3.02 S $ Earings per common share - Basic: Net Income Weighted average common shares outstanding - basie Earnings per common share Earnings per common share. Diluted: Net income Weighted average common shares outstanding - basic Dilutive effect of stock-based awards Weighted average common shares outstanding-diluted Earnings per common share Anti-ditutive stock-based awards excluded from diluted cnlontation S 297.462 87,502 1,564 89,066 319,864 97,743 1,038 98,781 3.24 323,445 106,977 609 107,586 3.01 3,693 3.34 2.990 3.519 3. Property and Equipment Property and equipment are recorded at cost and consist of the following as of the end of the fiscal periods presented below (in thousands) 2019 2018 Buildings and land 322.618 320,243 Leasehold improvements 1,671,782 1,613,663 Fumiture, fixtures and equipment 1.148.670 172,380 Computer software 424,584 193.333 Total property and equipment 3,567,654 3.499,621 Les accumulated depreciation and amortization (2.151.926) (1.934,550) Net property and equipment 1.415.728 1,565.271 The amounts above include construction in progress of $44.7 million and 5743 million for fiscal 2019 and 2018, respectively 4. Goodwill and Tatangible Assets Godwill The following table summaries changes in the carrying amount of goodwill, which is reported net of million in accumulated impairments in each period for the fiscal periods presented in the 2019 20IN Ooodwill, balance beginning of your 230.476 250,475 Sale of subsidiaries (4.6193 Cloodwill, balance of your S 245,837 5 No impairment changes were recorded in yoodwill in the 2019. 2018 of 2017