GameStop 2010 Annual Report Download - page 111

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Table of Contents
GAMESTOP CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
21. Unaudited Quarterly Financial Information
The following table sets forth certain unaudited quarterly consolidated statement of operations information for the fiscal years ended
January 29, 2011 and January 30, 2010. The unaudited quarterly information includes all normal recurring adjustments that management considers
necessary for a fair presentation of the information shown.
Fiscal Year Ended January 29, 2011 Fiscal Year Ended January 30, 2010
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Quarter Quarter Quarter(1) Quarter Quarter(2) Quarter Quarter(3) Quarter
(Amounts in millions, except per share amounts)
Sales $ 2,082.7 $ 1,799.1 $ 1,899.2 $ 3,692.8 $ 1,980.8 $ 1,738.5 $ 1,834.7 $ 3,524.0
Gross profit 570.8 516.8 546.3 903.7 542.1 495.4 523.1 874.0
Operating earnings 124.4 69.6 92.8 375.7 128.5 71.0 90.3 347.4
Consolidated net income attributable to GameStop 75.2 40.3 54.7 237.8 70.4 38.7 52.2 215.9
Basic net income per common share 0.49 0.27 0.36 1.58 0.43 0.23 0.32 1.31
Diluted net income per common share 0.48 0.26 0.36 1.56 0.42 0.23 0.31 1.29
The following footnotes are discussed as pretax expenses.
(1) The results of operations for the third quarter of the fiscal year ended January 29, 2011 include debt extinguishment expense of $6.0 million.
(2) The results of operations for the first quarter of the fiscal year ended January 30, 2010 include debt extinguishment expense of $2.9 million.
(3) The results of operations for the third quarter of the fiscal year ended January 30, 2010 include debt extinguishment expense of $2.5 million.
F-41