Coach 2014 Annual Report Download - page 85

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TABLE OF CONTENTS









Net sales  
 
 
 
Long-lived assets



 



Net sales $ 3,334,479
$ 760,941
$ 979,970
$ 5,075,390
Long-lived assets 638,758
73,041
112,139
823,938

Net sales $ 3,243,710
$ 844,863
$ 674,607
$ 4,763,180
Long-lived assets 631,979
74,324
108,334
814,637
(1) Other International sales reflect shipments to third-party distributors, primarily in East Asia, and sales from Coach-operated stores and concession shop-
in-shops in Hong Kong, Macau, mainland China, Singapore, Taiwan, Malaysia, South Korea, Europe and Canada.

The following is a reconciliation of the weighted-average shares outstanding and calculation of basic and diluted earnings per share:




June 29,
2013
June 30,
2012
Net income  
$ 1,034,420
$ 1,038,910
Total weighted-average basic shares 
282,494
288,284
Dilutive securities:
Share-based award plans 
1,450
1,694
Stock option programs
2,363
4,151
Total weighted-average diluted shares 
286,307
294,129
Net income per share:
Basic  
$ 3.66
$ 3.60
Diluted  
$ 3.61
$ 3.53
At June 28, 2014, options to purchase 6,378 shares of common stock were outstanding but not included in the computation of diluted earnings per share,
as these options’ exercise prices, ranging from $43.39 to $78.46, were greater than the average market price of the common shares.
At June 29, 2013, options to purchase 2,145 shares of common stock were outstanding but not included in the computation of diluted earnings per share,
as these options’ exercise prices, ranging from $56.95 to $78.46, were greater than the average market price of the common shares.
At June 30, 2012, options to purchase 116 shares of common stock were outstanding but not included in the computation of diluted earnings per share,
as these options’ exercise prices, ranging from $72.06 to $78.46, were greater than the average market price of the common shares.
83