XML 72 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 28, 2012
Jan. 29, 2011
Jan. 30, 2010
Product sales $ 2,566,628 $ 2,372,072 $ 2,031,114
Net royalties 121,420 115,222 97,352
Net revenue 2,688,048 2,487,294 2,128,466
Cost of product sales 1,523,763 1,397,062 1,186,979
Gross profit 1,164,285 1,090,232 941,487
Selling, general and administrative expenses 746,345 679,780 582,671
Settlement charge 19,463    
Pension curtailment expense 1,242 5,819  
Earnings from operations 397,235 404,633 358,816
Other income (expense):      
Interest expense (2,002) (1,217) (2,176)
Interest income 3,147 1,553 1,697
Other income, net 961 16,408 3,592
Total other income (expense) 2,106 16,744 3,113
Earnings before income tax expense 399,341 421,377 361,929
Income tax expense 128,691 126,874 115,599
Net earnings 270,650 294,503 246,330
Net earnings attributable to noncontrolling interests 5,150 4,995 3,569
Net earnings attributable to Guess?, Inc. $ 265,500 $ 289,508 $ 242,761
Net earnings per common share attributable to common stockholders (Note 16):      
Basic (in dollars per share) $ 2.88 $ 3.14 $ 2.63
Diluted (in dollars per share) $ 2.86 $ 3.11 $ 2.61
Weighted average common shares outstanding attributable to common stockholders (Note 16):      
Basic (in shares) 91,533 91,410 90,893
Diluted (in shares) 91,948 92,115 91,592
Dividends declared per common share (in dollars per share) $ 0.80 $ 2.68 $ 0.45