Rite Aid 2012 Annual Report Download - page 65

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RITE AID CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
Year Ended
March 3, February 26, February 27,
2012 2011 2010
(53 Weeks) (52 Weeks) (52 Weeks)
Revenues ...................................... $26,121,222 $25,214,907 $25,669,117
Costs and expenses:
Cost of goods sold .............................. 19,327,887 18,522,403 18,845,027
Selling, general and administrative expenses ........... 6,531,411 6,457,833 6,603,372
Lease termination and impairment charges ............ 100,053 210,893 208,017
Interest expense ............................... 529,255 547,581 515,763
Loss on debt modifications and retirements, net ........ 33,576 44,003 993
Gain on sale of assets, net ........................ (8,703) (22,224) (24,137)
26,513,479 25,760,489 26,149,035
Loss before income taxes .......................... (392,257) (545,582) (479,918)
Income tax (benefit) expense ........................ (23,686) 9,842 26,758
Net loss ..................................... $ (368,571) $ (555,424) $ (506,676)
Computation of loss applicable to common stockholders:
Net loss ..................................... $ (368,571) $ (555,424) $ (506,676)
Accretion of redeemable preferred stock .............. (102) (102) (102)
Cumulative preferred stock dividends ................ (9,919) (9,346) (8,807)
Loss applicable to common stockholders .............. $ (378,592) $ (564,872) $ (515,585)
Basic and diluted loss per share:
Basic loss per share ............................. $ (0.43) $ (0.64) $ (0.59)
Diluted loss per share ........................... $ (0.43) $ (0.64) $ (0.59)
The accompanying notes are an integral part of these consolidated financial statements.
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