Annual report pursuant to Section 13 and 15(d)

Supplemental Quarterly Financial Data (Unaudited) (Tables)

v2.4.1.9
Supplemental Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jan. 31, 2015
Quarterly Results of Operations (Unaudited)  
Summary of quarterly resutls of operations

Unaudited quarterly results of operations for fiscal 2014 and fiscal 2013 were as follows (in millions, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2014

 

 

First

 

Second

 

Third

 

Fourth

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Net sales

  

$

1,052 

  

$

948 

  

$

1,130 

  

$

1,608 

Cost of sales and occupancy expense

 

 

623 

 

 

591 

 

 

678 

 

 

945 

Gross profit

 

 

429 

 

 

357 

 

 

452 

 

 

663 

Selling, general and administrative

 

 

282 

 

 

270 

 

 

304 

 

 

364 

Share-based compensation

 

 

 

 

 

 

 

 

Operating income

 

 

139 

 

 

52 

 

 

142 

 

 

294 

Losses on early extinguishments of debt and refinancing costs

 

 

 —

 

 

68 

 

 

 —

 

 

Net income (loss)

 

 

45 

 

 

(48)

 

 

64 

 

 

157 

Diluted earnings (loss) per share

 

$

0.25 

 

$

(0.26)

 

$

0.31 

 

$

0.75 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2013

 

 

First

 

Second

 

Third

 

Fourth

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Net sales

  

$

993 

  

$

904 

  

$

1,118 

  

$

1,555 

Cost of sales and occupancy expense

 

 

584 

 

 

567 

 

 

665 

 

 

932 

Gross profit

 

 

409 

 

 

337 

 

 

453 

 

 

623 

Selling, general and administrative

 

 

272 

 

 

254 

 

 

309 

 

 

335 

Share-based compensation

 

 

 

 

 

 

 

 

Operating income

 

 

128 

 

 

71 

 

 

135 

 

 

276 

Losses on early extinguishments of debt and refinancing costs

 

 

 

 

 —

 

 

 —

 

 

Net income

 

 

46 

 

 

17 

 

 

47 

 

 

133 

Diluted earnings per share

 

$

0.26 

 

$

0.09 

 

$

0.26 

 

$

0.74