GameStop 2006 Annual Report Download - page 106
Download and view the complete annual report
Please find page 106 of the 2006 GameStop annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.GAMESTOP CORP.
CONSOLIDATING STATEMENT OF OPERATIONS
For the 52 Weeks Ended January 29, 2005
Issuers and
Guarantor
Subsidiaries
January 29,
2005
Non-Guarantor
Subsidiaries
January 29,
2005 Eliminations
Consolidated
January 29,
2005
(Amounts in thousands)
Sales ................................... $1,818,158 $24,648 $— $1,842,806
Cost of sales ............................. 1,314,937 18,569 — 1,333,506
Gross profit ............................ 503,221 6,079 — 509,300
Selling, general and administrative expenses ...... 364,903 8,461 — 373,364
Depreciation and amortization ................ 36,187 602 — 36,789
Operating earnings (loss) . . ................ 102,131 (2,984) — 99,147
Interest income ........................... (1,854) (65) — (1,919)
Interest expense ........................... 2,024 131 — 2,155
Earnings (loss) before income tax expense
(benefit) ............................. 101,961 (3,050) — 98,911
Income tax expense (benefit) . ................ 38,619 (634) — 37,985
Net earnings (loss) ....................... $ 63,342 $ (2,416) $— $ 60,926
F-38
GAMESTOP CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)