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SEALY CORP (ZZ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-02-12Aug-26-12May-27-12Feb-26-12Nov-27-11Aug-28-11May-29-11Feb-27-11
   10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Net sales  989.8989.8958.4967.7960.91,257.41,243.9922.6
            Net sales growth  3.0%-21.3%-23.0%4.9%55.7%292.3%6.4%-21.6%
Cost of goods sold  592.2592.2572.0583.2580.3754.0745.3549.0
    Gross profit   397.6386.4384.4 503.5498.6373.5
            Gross margin   100.0%100.0%100.0% 100.0%100.0%100.0%
Selling, general and administrative expenses   327.3310.7311.7 414.3410.6303.2
Amortization expense   0.20.20.2 0.30.30.2
Royalty income, net of royalty expense  -34.5-33.8-33.8-33.0-34.2-19.9-19.4-14.6
    Income from operations   84.689.886.1 108.7107.184.7
            Operating margin   100.0%100.0%100.0% 100.0%100.0%100.0%
Interest expense   65.666.665.8 86.686.064.4
Refinancing and extinguishment of debt   3.33.02.2 1.31.2 
Other income, net  -1.0-0.9-0.9-0.8-0.8-0.4-0.3-0.2
    Income (loss) before income taxes  16.111.115.713.68.721.220.120.6
Income tax provision   14.812.211.5 12.89.610.2
            Tax rate  92.2%133.0%77.6%84.8%89.5%60.3%47.9%49.6%
Equity in earnings of unconsolidated affiliates  -8.5-6.7-6.8-6.2-5.9-3.4-3.1-2.5
Loss from discontinued operations  -3.8-6.0-6.6-6.6-7.3-11.0-35.2-34.1
   
Net loss attributable to noncontrolling interests          
    Net income (loss) attributable to common shareholders  -0.1-10.0-3.3-3.3-3.3-7.1-13.7-13.7
   
Earnings (loss) per common share attributable to common shareholders-Basic          
Income (loss) from continuing operations per common share (in dollars per share)    0.00.00.00.00.0 
Loss from discontinued operations per common share (in dollars per share)  0.0 0.0 0.0 0.00.0
   
    Earnings    $0.01($0.01)($0.04)$0.02 ($0.21)
   
Earnings (loss) per common share attributable to common shareholders-Diluted          
Income (loss) from continuing operations per common share (in dollars per share)    0.00.00.00.00.0 
Loss from discontinued operations per common share (in dollars per share)  0.0 0.0 0.0 0.00.0
    Earnings    ($0.03)($0.05)($0.07)$0.03 ($0.05)
   
Weighted average number of common shares outstanding:          
Basic (in shares)   76.475.650.3 73.572.772.7
Diluted (in shares)   82.3132.0104.5 176.6172.4172.3
   
Restructuring expenses and asset impairment          
Loss on rights for convertible notes          
Gain on sale of subsidiary stock          

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