GameStop 2006 Annual Report Download - page 100

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Fiscal Year Ended January 28, 2006
United
States Canada Australia Europe Other Consolidated
Sales ........................... $2,709.8 $111.4 $ 94.4 $176.2 $ — $3,091.8
Depreciation and amortization ........ 58.6 2.6 1.9 3.3 — 66.4
Operating earnings. . ............... 173.7 7.9 11.0 0.1 — 192.7
Interest income ................... (9.1) (0.2) (0.3) (1.3) 5.8 (5.1)
Interest expense ................... 32.9 0.2 — 3.1 (5.8) 30.4
Earnings (loss) before income tax
expense (benefit) . ............... 142.4 7.9 11.2 (1.6) — 159.9
Income tax expense . ............... 50.9 2.8 3.2 2.2 — 59.1
Goodwill ........................ 1,091.1 116.8 146.4 38.1 — 1,392.4
Other long-lived assets.............. 359.1 37.6 21.0 83.8 — 501.5
Total assets ...................... 2,347.8 210.4 214.7 242.9 — 3,015.8
Fiscal Year Ended January 29, 2005
United
States Canada Australia Europe Other Consolidated
Sales ........................... $1,818.2 $— $— $24.6 $ — $1,842.8
Depreciation and amortization ......... 36.2 — — 0.6 — 36.8
Operating earnings (loss)............. 102.1 — — (3.0) — 99.1
Interest income .................... (1.8) — — (0.1) — (1.9)
Interest expense ................... 2.0 — — 0.1 — 2.1
Earnings (loss) before income tax
expense (benefit) ................. 101.9 — — (3.0) — 98.9
Income tax expense (benefit) . ......... 38.6 — — (0.6) — 38.0
Goodwill ........................ 318.0 — — 2.9 — 320.9
Other long-lived assets .............. 164.9 — — 5.6 (0.4) 170.1
Total assets ....................... 897.5 — — 18.9 (0.4) 916.0
18. Supplemental Cash Flow Information
53 Weeks
Ended
February 3,
2007
52 Weeks
Ended
January 28,
2006
52 Weeks
Ended
January 29,
2005
(In thousands)
Cash paid during the period for:
Interest ...................................... $81,732 $ 9,258 $ 1,447
Income taxes .................................. 59,620 40,434 19,903
Subsidiaries acquired:
Goodwill..................................... 8,083 1,071,464 62
Cash received in acquisition ...................... 41 120,696 —
Net assets acquired (or liabilities assumed). . .......... 3,220 251,796 —
Issuance of common shares to EB Stockholders ........ — (437,144) —
Cash paid ...................................... $11,344 $1,006,812 $ 62
F-32
GAMESTOP CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)