Dillard's 2003 Annual Report Download - page 36

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Consolidated Statements of Operations
Dollars in Thousands, Except Per Share Data
Years Ended
January 31, 2004 February 1, 2003 February 2, 2002
Net Sales $7,598,934 $7,910,996 $8,154,911
Service Charges, Interest and Other Income 264,734 322,943 244,776
7,863,668 8,233,939 8,399,687
Costs and Expenses:
Cost of sales 5,170,173 5,254,134 5,507,702
Advertising, selling, administrative and general expenses 2,097,947 2,164,033 2,191,389
Depreciation and amortization 290,661 301,407 310,754
Rentals 64,101 68,101 72,783
Interest and debt expense 181,065 189,779 192,344
Asset impairment and store closing charges 43,727 52,224 3,752
Total costs and expenses 7,847,674 8,029,678 8,278,724
Income Before Income Taxes 15,994 204,261 120,963
Income Taxes 6,650 72,335 49,165
Income before cumulative effect of accounting change 9,344 131,926 71,798
Cumulative effect of accounting change, net of tax benefit
of $0 — (530,331) —
Net Income (Loss) $9,344 $(398,405) $71,798
Basic Earnings Per Common Share:
Income before cumulative effect of accounting change $0.11 $ 1.56 $0.85
Cumulative effect of accounting change — (6.27) —
Net Income (Loss) $0.11 $(4.71) $0.85
Diluted Earnings Per Common Share:
Income before cumulative effect of accounting change $0.11 $ 1.55 $0.85
Cumulative effect of accounting change — (6.22) —
Net Income (Loss) $0.11 $(4.67) $0.85
See notes to consolidated financial statements.
F-4