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WARNACO GROUP INC (WRC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-11Jan-01-11Jan-02-10Jan-03-09Dec-29-07Dec-30-06Dec-31-05Dec-29-04
   10-K10-K10-K10-K10-K10-K10-K10-K
Net revenues  2,513.42,295.82,019.62,062.81,819.61,611.21,303.2 
            Net revenues growth  9.5%13.7%-2.1%13.4%12.9%23.6%  
Cost of goods sold  1,412.51,275.81,155.31,142.11,069.9982.0865.6 
    Gross profit  1,100.91,020.0864.3920.8    
            Gross margin  100.0%100.0%100.0%100.0%    
Selling, general and administrative expenses  844.7758.1638.9738.2    
Amortization of intangible assets  48.011.511.09.4    
    Operating income  181.5247.8193.5141.4    
            Operating margin  100.0%100.0%100.0%100.0%    
Other loss (income)  -0.6-6.2-1.9-1.9    
Interest expense  16.314.523.929.5    
Interest income  -3.4-2.8-1.2-3.1    
    Income from continuing operations before provision for income taxes and redeemable non-controlling interest  168.0229.9169.0113.1116.886.670.0 
Provision for income taxes  36.082.164.360.7    
            Tax rate  21.4%35.7%38.0%53.7%0.0% 0.0% 
    Income from continuing operations before redeemable non-controlling interest  132.0147.8104.752.4    
Income (loss) from discontinued operations, net of taxes  -4.8-9.2-6.2-3.8    
    Net income  259.2286.4203.2101.0    
   
Less: loss attributable to redeemable non-controlling interest          
    Net income attributable to Warnaco Group  127.5138.696.047.3    
   
Amounts attributable to Warnaco Group common shareholders:          
Income from continuing operations, net of tax  132.3147.8102.251.0    
Income (loss) from discontinued operations, net of taxes  -4.8-9.2-6.2-3.8    
    Net income attributable to Warnaco Group  127.5138.696.047.3    
   
Basic income per common share (see Note 17):          
Income from continuing operations  0.00.00.00.0    
Income (loss) from discontinued operations  0.00.00.00.0    
   
    Net income  $2.96$3.06$2.09$1.03    
   
Diluted income per common share (see Note 17):          
Income from continuing operations  0.00.00.00.0    
Income (loss) from discontinued operations  0.00.00.00.0    
    Net income  $2.90$2.99$2.05$1.00    
   
Weighted average number of shares outstanding used in computing income per common share (see Note 17):          
Basic  42.444.745.445.4    
Diluted  43.345.846.246.6    

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