SAKS INC company info

CIK 812900
IRS Number 620331040
State of incorporation TN
Business address 12 EAST 49TH STREET
Mail address 12 EAST 49TH STREET

Short summary

SAKS INC is a New York company, with head office located at 12 East 49Th Street New York, New York 10017. In 2013 the company owned a total of 2.10 billion USD worth of assets, including 1.04 billion USD worth of current assets. 2010 was the year when the company amassed the most assets.

SAKS INC Income Statement

Name [in Millions USD]2007200820092010201120122013Trends
Revenue, Net 3,043.442,631.532,785.753,013.593,147.55
Cost of Goods and Services Sold 2,062.491,668.101,668.491,785.42
Gross Profit 980.94963.441,117.261,228.171,277.68
Selling, General and Administrative Expense 784.51674.31715.95767.64810.73
Operating Income (Loss) -135.39-54.4990.10148.34138.49
Interest expense 45.7449.4856.7348.1237.18
Other Nonoperating Income (Expense) 5.601.
Income Tax Expense (Benefit) -48.90-44.50-13.9127.0936.51
Net income -158.80-57.9247.8574.7962.88

SAKS INC Balance Sheet

Name [in Millions USD]2007200820092010201120122013Trends
Cash and cash equivalents 101.1610.27179.06201.98189.0320.0510.10
Inventories 702.13732.21793.52856.44832.51
Deferred income taxes 34.0158.8576.7364.7176.90
Property, Plant and Equipment, Gross 1,990.462,003.482,030.75
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1,100.101,128.051,155.55
Other Assets, Noncurrent 30.4729.7525.7211.5610.83
Total assets 2,196.442,211.112,189.192,086.282,101.83
Current assets 1,008.191,137.651,161.141,042.971,039.32
Total current liabilities 417.87526.95421.06569.71545.75
Long-term Debt, Excluding Current Maturities 496.99363372.98374.35
Total liabilities 1,105.981,026.25973.07
Common Stock, Value, Issued 15.9816.3516.0615.0215.02
Retained Earnings (Accumulated Deficit) -173.34-97.09-18.5632.1712.59
Accumulated Other Comprehensive Income (Loss), Net of Tax -48.80-46.09-54.27-49.47-47.41

SAKS INC Cash Flow

Name [in Millions USD]2007200820092010201120122013Trends
Net income -158.80-57.9247.8574.7962.88
Depreciation and amortization 134.69135.16118.70118.54120.40
Depreciation 135.14118.67118.51120.38
Deferred Income Tax Expense (Benefit) -49.78-40.5917.3529.2626.05
Inventories -118.54-79.6522.1950.50101.01
Net Cash Provided by (Used in) Operating Activities -1.50192.21123.88272.70174.40
Payments to Acquire Property, Plant, and Equipment 127.3174.5855.7282.10129.31
Net Cash Provided by (Used in) Investing Activities -124.84-73.93-55.17-89.37-128.27
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -122.97-73.93-55.17-89.37-128.27
Proceeds from Issuance of Common Stock 95.10
Payments for Repurchase of Common Stock 34.890028.93167.42
Net Cash Provided by (Used in) Financing Activities 35.4518.76-18.14-181.02-165.90
Cash and Cash Equivalents, Period Increase (Decrease) -90.89137.0350.572.31-119.77