FREDS INC (FRED) [Rocket]

In millions, except per share items	Feb-02-19	Feb-03-18	Jan-28-17	Jan-30-16	Jan-31-15	Feb-01-14	Feb-02-13	Jan-28-12
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Net sales	1,271.7	1,395.8	1,886.2	1,945.2	1,970.0	1,939.2	1,955.3	1,879.1
Net sales growth	-8.9%	-26.0%	-3.0%	-1.3%	1.6%	-0.8%	4.1%	2.0%
Cost of goods sold	948.8	1,032.1
Gross profit	323.0	363.8	495.7	532.6	503.8	560.8	566.3	538.5
Gross margin	25.4%	26.1%	26.3%	27.4%	25.6%	28.9%	29.0%	28.7%
Depreciation and amortization	31.3	35.3	44.0	43.1	41.1	41.0	39.5	34.2
Impairment expense	33.2	2.5
Selling, general and administrative expenses	388.0	463.0	529.3	502.4	511.1	480.6	487.7	453.2
Operating loss	-129.6	-137.0	-77.7	-12.9	-48.4	39.2	39.1	51.2
Operating margin	-10.2%	-9.8%	-4.1%	-0.7%	-2.5%	2.0%	2.0%	2.7%
Interest expense	-7.6	-6.3	-2.3	-1.4	-0.5	-0.5	-0.5	-0.6
Loss before income taxes	-137.1	-143.3
Provision for income taxes	-0.1	-1.2	11.9	5.4	20.0	-12.7	-8.9	-17.3
Loss from continuing operations	-137.2	-144.5
Loss from discontinued operations, net of tax	124.2	-5.6	1.6	1.6				33.4
Net loss	-13.0	-150.2	-66.5	-7.4	-28.9	26.0	29.6	33.4

Net loss per share - basic
Continuing operations	0.0	0.0	0.0	0.0
Discontinued operations	0.0	0.0	0.0	0.0

Total loss per common share - basic	($0.36)	($4.02)	($1.80)	($0.20)	($0.80)	$0.71	$0.81	$0.88

Net loss per share - diluted
Continuing operations	0.0	0.0	0.0	0.0
Discontinued operations	0.0	0.0	0.0	0.0
Total loss per common share - diluted	($0.36)	($4.02)	($1.80)	($0.20)	($0.80)	$0.71	$0.81	$0.87

Weighted average common shares outstanding
Basic	0.0	37.4	36.9	36.7	0.0	36.6	36.6	38.2

Effect of dilutive stock options
Diluted	0.0	37.4	36.9	36.7	36.3	36.7	36.7	38.3