10-K/APeriod: FY2010

DOLLAR TREE, INC. Annual Report (Amendment), Year Ended Jan 30, 2010

Filed June 21, 2010For Securities:DLTR

Summary

This filing for Dollar Tree, Inc. (DLTR) on June 21, 2010, from Part IV of its 10-K report, primarily serves as an index to exhibits and financial statement schedules. While it doesn't contain detailed financial performance data for the reporting period, it offers crucial insights into the company's corporate structure, financing arrangements, and executive compensation. Investors can glean information about significant agreements, including the Plan of Reorganization, articles of incorporation, bylaws, and key material contracts such as the credit agreement and various stock incentive and purchase plans. Of particular interest to investors are the numerous exhibits detailing the company's executive and director compensation plans, including stock incentive plans, employee stock purchase plans, director stock option plans, and deferred compensation plans, along with associated amendments and award agreements. These documents reflect the company's approach to incentivizing and retaining key personnel. Additionally, the filing references the company's subsidiaries and includes certifications required by the Sarbanes-Oxley Act, underscoring compliance and governance practices.

Financial Highlights

47 data points
Beta

Revenue

$5.23B

35.5% Gross Margin

Net Income

$320.50M

6.1% Net Margin

EPS (Diluted)

$1.19

Total Assets

$2.29B

Cash & Equivalents

$571.60M

Free Cash Flow

$416.20M

Financial Statements
Beta
Revenue$5.23B
Cost of Revenue$3.37B
Gross Profit$1.86B
SG&A Expenses$1.34B
Operating Income$512.80M
Net Income$320.50M
EPS (Basic)$1.20
EPS (Diluted)$1.19
Shares Outstanding (Basic)268.20M
Shares Outstanding (Diluted)270.00M

Key Highlights

  • 1The filing lists numerous exhibits related to corporate governance, including articles of incorporation and bylaws, indicating the established legal framework of Dollar Tree, Inc.
  • 2A significant credit agreement for $550.0 million entered into in February 2008 is referenced, highlighting the company's debt financing structure.
  • 3Extensive details are provided on various executive and employee compensation plans, including Stock Incentive Plans (SIP), Employee Stock Purchase Plans (ESPP), and Equity Incentive Plans (EIP), with multiple amendments, suggesting a focus on long-term incentives and employee engagement.
  • 4The filing includes multiple forms of award agreements for restricted stock units and stock options, demonstrating the company's use of equity-based compensation for executives.
  • 5Information on director compensation plans, including stock option plans and deferred compensation plans, is cataloged, reflecting how the company compensates its board members.
  • 6The report includes certifications required by Section 302 and statements under Section 906 of the Sarbanes-Oxley Act for both the CEO and CFO, indicating adherence to regulatory compliance and internal controls.
  • 7Reference to store leases suggests ongoing operational expansion and real estate management as a key business activity.

Frequently Asked Questions

This part of the 10-K filing primarily serves as an index to the exhibits and financial statement schedules that are part of the annual report. It lists all supporting documents, material contracts, and governance documents filed with the SEC, rather than providing a detailed narrative of the company's financial performance or business operations.

The extensive list of Stock Incentive Plans (SIP), Employee Stock Purchase Plans (ESPP), and Equity Incentive Plans (EIP), along with various amendments and award agreements, suggests that Dollar Tree, Inc. heavily utilizes equity-based compensation to attract, retain, and motivate its employees and executives. This strategy aims to align the interests of management and employees with those of shareholders.

This specific exhibit list does not directly provide detailed financial performance figures such as revenue, net income, or comprehensive balance sheet information. However, it does reference a $550.0 million unsecured Credit Agreement, indicating a significant debt financing arrangement that investors should consider when assessing the company's financial leverage and capital structure.

The inclusion of SOX certifications from the CEO and CFO, as well as Section 906 statements, demonstrates the company's commitment to complying with federal securities laws regarding financial reporting and internal controls. These certifications affirm the accuracy and reliability of the financial information presented in the overall 10-K report.