Pep Boys 2009 Annual Report Download - page 136

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THE PEP BOYS—MANNY, MOE & JACK AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Years ended January 30, 2010, January 31, 2009 and February 2, 2008
(dollar amounts in thousands, except share and per share data)
NOTE 19—QUARTERLY FINANCIAL DATA (UNAUDITED)
Earnings
(Loss)
Per Share
from Earnings
Earnings Continuing (Loss) Market Price
Operating (loss) from Cash
Operations Per Share Per Share
Total Gross Profit Continuing Earnings Dividends
Revenues Profit (loss) Operations (Loss) Basic Diluted Basic Diluted Per Share High Low
Year Ended January 30, 2010
4th quarter ..........$452,896 $110,047 $ 6,760 $ 2,835 $ 2,268 $ 0.05 $ 0.06 $ 0.04 $ 0.04 $0.0300 $ 9.29 $7.76
3rd quarter .......... 472,643 118,269 10,056 2,357 2,124 0.05 0.04 0.04 0.04 0.0300 10.69 8.40
2nd quarter ......... 488,911 128,190 18,692 7,858 7,735 0.15 0.15 0.15 0.15 0.0300 10.83 5.87
1st quarter .......... 496,488 129,601 21,551 11,063 10,909 0.21 0.21 0.21 0.21 0.0300 8.52 2.76
Year Ended January 31, 2009
4th quarter ..........$465,536 $ 92,188 $(31,250) $(32,827) $(33,267) $(0.63) $(0.63) $(0.63) $(0.63) $0.0675 $ 5.31 $2.62
3rd quarter .......... 464,166 114,844 (5,036) (7,054) (7,282) (0.13) (0.13) (0.14) (0.14) 0.0675 9.49 3.00
2nd quarter ......... 500,043 130,434 11,908 5,752 5,448 0.11 0.11 0.10 0.10 0.0675 10.36 6.40
1st quarter .......... 498,043 127,966 14,482 5,291 4,672 0.10 0.10 0.09 0.09 0.0675 12.56 8.59
In the fourth quarter of 2009, the Company recorded an income tax benefit of $1,200 due to the
allocation of additional costs to certain jurisdictions.
NOTE 20—SUPPLEMENTAL GUARANTOR INFORMATION
The Company’s 7.50% Senior Subordinated Notes (the ‘‘Notes’’) are fully and unconditionally and
joint and severally guaranteed by certain of the Company’s direct and indirectly wholly-owned
subsidiaries—namely, The Pep Boys Manny Moe & Jack of California, The Pep Boys—Manny Moe &
Jack of Delaware, Inc., Pep Boys—Manny Moe & Jack of Puerto Rico, Inc. and PBY Corporation,
(collectively, the ‘‘Subsidiary Guarantors’’). The Notes are not guaranteed by the Company’s wholly
owned subsidiary, Colchester Insurance Company.
The following condensed consolidating information presents, in separate columns, the condensed
consolidating balance sheets as of January 30, 2010 and January 31, 2009 and the related condensed
consolidating statements of operations and condensed consolidating statements of cash flows for fiscal
2009, 2008 and 2007 for (i) the Company (‘‘Pep Boys’’) on a parent only basis, with its investment in
subsidiaries recorded under the equity method, (ii) the Subsidiary Guarantors on a combined basis
including the consolidation by PBY Corporation of its wholly owned subsidiary, The Pep Boys Manny
Moe & Jack of California, (iii) the subsidiary of the Company that does not guarantee the Notes, and
(iv) the Company on a consolidated basis.
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