LensCrafters 2010 Annual Report Download - page 118
Download and view the complete annual report
Please find page 118 of the 2010 LensCrafters 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.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
 |
 |
ANNUAL REPORT 2010> 116 |
CONSOLIDATED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 (*)
(thousands of Euro) (1) Footnote reference 2010 2009
Net sales 4 5,798,035 5,094,318
Cost of sales 1,990,205 1,762,591
Gross profit 3,807,831 3,331,727
Selling 1,896,521 1,691,801
Royalties 99,606 100,623
Advertising 371,852 311,938
General and administrative 727,693 656,280
Total operating expenses 3,095,672 2,760,642
Income from operations 712,159 571,085
Other income/(expense)
Interest income 25 8,494 6,887
Interest expense 25 (106,987) (109,132)
Other – net 25 (8,130) (4,056)
Income before provision for income taxes 605,535 464,784
Provision for income taxes 25 (218,219) (159,888)
Net income from continuing operations 387,315 304,896
Discontinued operations 19,944 –
Net income 407,258 304,896
of which attributable to:
– Luxottica Group stockholders 402,187 299,122
– Non–controlling interests 5,072 5,774
Net income 407,258 304,896
Weighted average number of shares outstanding:
Basic 458,711,441 457,270,491
Diluted 460,535,397 457,937,802
EPS:
Basic – from continuing operations 0.83 0.65
Basic – from discontinued operations 0.04 0.00
Basic 0.88 0.65
Diluted – from continuing operations 0.83 0.65
Diluted – from discontinued operations 0.04 0.00
Diluted 0.87 0.65
(1) Amounts in thousands except per share data.
(*) In accordance with IAS/IFRS. See notes to the consolidated fi nancial statements.
CONSOLIDATED
STATEMENT OF INCOME