Pep Boys 2010 Annual Report Download - page 98
Download and view the complete annual report
Please find page 98 of the 2010 Pep Boys 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
 |
 |
CONSOLIDATED STATEMENTS OF OPERATIONS
The Pep Boys—Manny, Moe & Jack and Subsidiaries
(dollar amounts in thousands, except per share data)
January 29, January 30, January 31,
Year ended 2011 2010 2009
Merchandise sales .................................. $1,598,168 $1,533,619 $1,569,664
Service revenue .................................... 390,473 377,319 358,124
Total revenues ..................................... 1,988,641 1,910,938 1,927,788
Costs of merchandise sales ............................ 1,110,380 1,084,804 1,129,162
Costs of service revenue .............................. 355,909 340,027 333,194
Total costs of revenues ............................... 1,466,289 1,424,831 1,462,356
Gross profit from merchandise sales ..................... 487,788 448,815 440,502
Gross profit from service revenue ....................... 34,564 37,292 24,930
Total gross profit ................................... 522,352 486,107 465,432
Selling, general and administrative expenses ............... 442,239 430,261 485,044
Net gain from disposition of assets ...................... 2,467 1,213 9,716
Operating profit (loss) ............................... 82,580 57,059 (9,896)
Non-operating income ............................... 2,609 2,261 1,967
Interest expense ................................... 26,745 21,704 27,048
Earnings (loss) from continuing operations before income taxes
and discontinued operations ......................... 58,444 37,616 (34,977)
Income tax expense (benefit) .......................... 21,273 13,503 (6,139)
Earnings (loss) from continuing operations before discontinued
operations ...................................... 37,171 24,113 (28,838)
Loss from discontinued operations, net of tax benefit of $(291),
$(580) and $(857) ................................. (540) (1,077) (1,591)
Net earnings (loss) .................................. $ 36,631 $ 23,036 $ (30,429)
Basic earnings (loss) per share:
Earnings (loss) from continuing operations before discontinued
operations ...................................... $ 0.71 $ 0.46 $ (0.55)
Loss from discontinued operations, net of tax .............. (0.01) (0.02) (0.03)
Basic earnings (loss) per share ......................... $ 0.70 $ 0.44 $ (0.58)
Diluted earnings (loss) per share:
Earnings (loss) from continuing operations before discontinued
operations ...................................... $ 0.70 $ 0.46 $ (0.55)
Loss from discontinued operations, net of tax .............. (0.01) (0.02) (0.03)
Diluted earnings (loss) per share ....................... $ 0.69 $ 0.44 $ (0.58)
See notes to the consolidated financial statements
40