Dick's Sporting Annual Analysis Term Paper

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Dick’s Sporting Goods, Inc. 2011 Annual Report Analysis Francisco Tony Reyes DeVry University, Fresno Intermediate Accounting III ACCT312 Sharon Brown August 19, 2012 Table of Contents Introduction……………………………….……………………………………..……………………………………3 Deferred Tax/Deferred Liabilities….............................................................................................................3 Temporary and Permanent Differences………..……………………….…………………………………………4 Income Tax Provisions – Carryforwards/Carrybacks………………...…………………………………………..5 Defined Benefits and Contribution Plan……………………………..…………………...………………………..5 Earnings per Share/Dilutive Securities…………………………………...…………………………….………….6 Share-Based Compensation…………………………………………….………………………...………………..7 Investing and Financing Activities………………………………………….………………………………………8 Non-cash Transactions……………………………………………...….……………………….…………………..8 Conclusion………………………………………………………………….…………………………………………9 Citations……………………………………………………………………………………………………………..10 Introduction Dick Stack, a young man in 1948, was a salesman for a small store in Binghamton, New York when his idea of an all in one sporting store was turndown from his employer. With the help of his grandmother’s loan of $300, Dick opened a small bait and tackle shop. Ten years later, at the urge of customers, the expansion of the product line to include much of what is found in current Dick’s Sporting Goods stores today. Dick’s Sporting Goods, Inc. is part of a highly fragmented market for sporting goods. The distinction from others is their unwavering commitment of being an ultimate destination store for the core athletes and outdoor enthusiasts in every activity for every season. The ideology of a store within a store that unites several sports specialty stores under a single roof is what make Dick’s stand apart from other competitors.

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