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J CREW GROUP INC (JCG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-02-19Feb-03-18Jan-28-17Jan-30-16Jan-31-15Feb-01-14Feb-02-13Jan-29-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Net sales     2,447.72,540.42,394.12,198.1 
    Shipping and handling fees     29.526.121.921.2 
    Other     28.613.112.28.4 
Total revenues   [+]2,484.02,373.72,431.62,505.82,579.72,428.32,227.70.0
            Revenue growth   [+]4.6%-2.4%-3.0%-2.9%6.2%9.0% -100.0%
Cost of goods sold  1,648.31,476.11,550.31,610.31,608.81,422.11,241.00.0
Gross profit  835.7897.6881.3895.6970.91,006.1986.70.0
            Gross margin  33.6%37.8%36.2%35.7%37.6%41.4%44.3% 
Selling, general and administrative  824.0872.7824.3834.1846.0754.3732.4 
EBITDA   [+]106.9135.3177.0181.0234.4347.2349.8 
            EBITDA margin  4.3%5.7%7.3%7.2%9.1%14.3%15.7% 
Depreciation  88.0101.3109.5104.093.577.571.8 
EBITA  18.934.067.577.0140.9269.7277.90.0
            EBITA margin  0.8%1.4%2.8%3.1%5.5%11.1%12.5% 
Amortization of intangibles  7.29.110.515.615.917.923.6 
EBIT   [+]11.625.057.061.4125.0251.8254.30.0
            EBIT margin  0.5%1.1%2.3%2.5%4.8%10.4%11.4% 
Non-recurring items   [+]10.8141.27.81,381.6710.01.90.6 
Interest expense, net   [+]137.5110.279.369.674.0104.0101.4 
Other income (expense), net   [+]0.0-0.3-0.5-0.2-59.3-0.3-0.3121.5
Pre-tax income  -136.6-226.8-30.5-1,390.0-718.3145.7152.0121.5
Income taxes  -16.6-103.6-6.8-147.3-60.657.655.90.0
            Tax rate  12.1%45.7%22.3%10.6%8.4%39.5%36.8%0.0%
Net income  -120.1-123.2-23.7-1,242.7-657.888.196.1121.5
            Net margin  -4.8%-5.2%-1.0%-49.6%-25.5%3.6%4.3% 
   
Basic EPS         $1.92
Diluted EPS         $1.84
   
   
Shares outstanding (basic)         63.4
Shares outstanding (diluted)         65.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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