GameStop 2012 Annual Report Download - page 44

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Operations Data” for fiscal years ended January 30, 2010 and January 31, 2009 and the “Balance Sheet Data” as
of January 29, 2011, January 30, 2010 and January 31, 2009 are derived from our audited consolidated financial
statements which are not included elsewhere in this Form 10-K.
Our selected financial data set forth below should be read in conjunction with “Management’s Discussion
and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and
notes thereto included elsewhere in this Form 10-K.
53 Weeks
Ended
February 2,
2013
52 Weeks
Ended
January 28,
2012
52 Weeks
Ended
January 29,
2011
52 Weeks
Ended
January 30,
2010
52 Weeks
Ended
January 31,
2009
(In millions, except per share data and statistical data)
Statement of Operations Data:
Net sales ................................. $8,886.7 $9,550.5 $9,473.7 $9,078.0 $8,805.9
Cost of sales .............................. 6,235.2 6,871.0 6,936.1 6,643.3 6,535.8
Gross profit ............................... 2,651.5 2,679.5 2,537.6 2,434.7 2,270.1
Selling, general and administrative expenses ..... 1,835.9 1,842.1 1,698.8 1,633.3 1,444.0
Depreciation and amortization ................ 176.5 186.3 174.7 162.6 145.0
Goodwill impairments(1) .................... 627.0————
Asset impairments and restructuring charges(2) . . 53.7 81.2 1.5 1.8 1.4
Merger-related expenses(3) .................. ————4.6
Operating earnings (loss) .................... (41.6) 569.9 662.6 637.0 675.1
Interest expense (income), net ................ 3.3 19.8 35.2 43.2 38.8
Debt extinguishment expense ................. — 1.0 6.0 5.3 2.3
Earnings (loss) before income tax expense ...... (44.9) 549.1 621.4 588.5 634.0
Income tax expense ........................ 224.9 210.6 214.6 212.8 235.7
Consolidated net income (loss) ............... (269.8) 338.5 406.8 375.7 398.3
Net loss attributable to noncontrolling interests . . . 0.1 1.4 1.2 1.6 —
Consolidated net income (loss) attributable to
GameStop Corp. ......................... $ (269.7) $ 339.9 $ 408.0 $ 377.3 $ 398.3
Basic net income (loss) per common share ...... $ (2.13) $ 2.43 $ 2.69 $ 2.29 $ 2.44
Diluted net income (loss) per common share ..... $ (2.13) $ 2.41 $ 2.65 $ 2.25 $ 2.38
Dividends per common share ................. $ 0.80 $ — $ — $ — $ —
Weighted average common shares outstanding —
basic .................................. 126.4 139.9 151.6 164.5 163.2
Weighted average common shares outstanding —
diluted ................................. 126.4 141.0 154.0 167.9 167.7
Store Operating Data:
Number of stores by segment
United States ............................ 4,425 4,503 4,536 4,429 4,331
Canada ................................ 336 346 345 337 325
Australia ............................... 416 411 405 388 350
Europe ................................ 1,425 1,423 1,384 1,296 1,201
Total .................................. 6,602 6,683 6,670 6,450 6,207
Comparable store sales increase (decrease)(4) .... (8.0)% (2.1)% 1.1% (7.9)% 12.3%
Inventory turnover ......................... 5.0 5.1 5.1 5.2 5.8
Balance Sheet Data:
Working capital ........................... $ 295.6 $ 363.4 $ 407.0 $ 471.6 $ 255.3
Total assets ............................... 4,133.6 4,847.4 5,063.8 4,955.3 4,483.5
Total debt, net ............................. — — 249.0 447.3 545.7
Total liabilities ............................ 1,847.3 1,807.2 2,167.9 2,232.3 2,212.9
Total equity ............................... 2,286.3 3,040.2 2,895.9 2,723.0 2,270.6
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