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SEAL123 INC (WTSL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-01-14Feb-02-13Jan-28-12Jan-29-11Jan-30-10Jan-31-09Feb-02-08Feb-03-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Wet Seal  469.7495.0526.1487.0465.6491.1478.4417.1
    Arden B  60.485.494.094.295.3101.9132.8147.2
Total revenues  530.1580.4620.1581.2560.9593.0611.2564.3
            Revenue growth   [+]-8.7%-6.4%6.7%3.6%-5.4%-3.0%8.3%12.7%
Cost of goods sold  394.9439.9424.7401.3394.1400.5408.9370.9
Gross profit  135.2140.5195.4179.9166.8192.4202.3193.4
            Gross margin  25.5%24.2%31.5%31.0%29.7%32.5%33.1%34.3%
Selling, general and administrative  158.3183.8165.9150.4141.6154.7177.5178.7
EBITDA   [+]-9.3-25.848.946.340.352.338.527.1
            EBITDA margin  -1.8%-4.4%7.9%8.0%7.2%8.8%6.3%4.8%
Depreciation and amortization  13.717.519.416.815.114.513.712.4
EBIT   [+]-23.1-43.329.529.525.237.824.814.7
            EBIT margin  -4.4%-7.5%4.8%5.1%4.5%6.4%4.1%2.6%
Non-recurring items   [+]14.927.04.54.22.35.65.5-0.3
Interest expense, net   [+]0.00.0-0.12.70.51.1-4.427.6
Pre-tax income  -38.0-70.325.122.522.431.023.6-12.5
Income taxes  0.442.910.010.0-64.51.30.40.3
            Tax rate    39.8%44.2% 4.3%1.6% 
Net income  -38.4-113.214.712.386.929.723.2-12.8
            Net margin  -7.2%-19.5%2.4%2.1%15.5%5.0%3.8%-2.3%
   
Basic EPS   [+]($0.45)($1.28)$0.16$0.12$0.91$0.32$0.25($0.18)
Diluted EPS   [+]($0.45)($1.28)$0.16$0.12$0.90$0.32$0.25($0.18)
   
Shares outstanding (basic)   [+]85.588.792.799.395.793.291.272.6
Shares outstanding (diluted)   [+]85.588.792.899.496.394.194.172.6
   
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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