WARNACO GROUP INC (WRC) [Rocket]

In millions, except per share items	Sep-29-12	Jun-30-12	Mar-31-12	Dec-31-11	Oct-01-11	Jul-02-11	Apr-02-11	Jan-01-11
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Net revenues	2,405.7	2,439.3	2,466.8	2,513.4	2,490.2	2,441.8	2,369.7	2,295.8
Net revenues growth	-3.4%	-0.1%	4.1%	9.5%	12.7%	14.4%	14.5%	13.7%
Cost of goods sold	1,364.5	1,385.4	1,393.5	1,412.5	1,403.0	1,365.3	1,321.8	1,275.8
Gross profit	1,041.2	1,054.0	1,073.3	1,100.9	1,087.2	1,076.5	1,048.0	1,020.0
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Selling, general and administrative expenses	816.9	831.2	834.7	844.7	840.6	826.7	795.7	758.1
Amortization of intangible assets	50.5	51.2	47.5	48.0	12.8	12.6	12.0	11.5
Pension income	0.8	0.5	0.3	0.0	-0.9	-0.6	-0.3
Operating income	146.3	144.3	164.1	181.5	232.1	235.2	238.0	247.8
Operating margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Other loss (income)	12.0	13.4	0.3	0.7	-10.1	-13.4	-7.4	-6.2
Interest expense	18.8	19.2	18.0	16.3	13.4	11.4	12.2	14.5
Interest income	-3.5	-3.7	-3.5	-3.4	-3.2	-2.9	-2.6	-2.8
Income from continuing operations before provision for income taxes and redeemable non-controlling interest	118.2	114.7	148.6	168.0	220.8	228.9	224.5	229.9
Provision for income taxes	41.3	30.4	28.2	36.0	54.0	69.3	80.5	82.1
Tax rate	35.0%	26.5%	19.0%	21.4%	24.5%	30.3%	35.9%	35.7%
Income from continuing operations before redeemable non-controlling interest	76.9	84.3	120.4	132.0	166.7	159.6	114.0	117.8
Income (loss) from discontinued operations, net of taxes	3.0	-1.2	-1.3	-4.8	-13.6	-9.4	-9.4	-9.2
Net income	82.5	134.4	206.6	259.2	319.9	268.3	177.3	185.0

Less: loss attributable to redeemable non-controlling interest
Net income attributable to Warnaco Group	80.0	83.4	119.3	127.5	153.3	150.2	134.6	90.6

Amounts attributable to Warnaco Group common shareholders:
Income from continuing operations, net of tax	77.0	84.7	120.6	132.3	166.9	159.6	144.0	99.5
Income (loss) from discontinued operations, net of taxes	3.0	-1.2	-1.3	-4.8	-13.6	-9.4	-9.4	-9.2
Net income attributable to Warnaco Group	80.0	83.4	119.3	127.5	153.3	150.2	134.6	90.6

Basic income per common share (see Note 17):
Income from continuing operations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income (loss) from discontinued operations			0.0		0.0		0.0	0.0

Net income	$1.98	$2.04	$2.84	$2.96	$3.50	$3.37	$3.00	$3.05

Diluted income per common share (see Note 17):
Income from continuing operations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income (loss) from discontinued operations			0.0		0.0		0.0	0.0
Net income	$1.97	$2.02	$2.80	$2.91	$3.43	$3.30	$2.94	$2.99

Weighted average number of shares outstanding used in computing income per common share (see Note 17):
Basic	41.2	41.4	42.1	42.9	43.5	44.2	44.4	44.8
Diluted	41.9	42.2	42.9	43.8	44.4	45.1	45.4	45.8