Rite Aid 2013 Annual Report Download - page 64

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RITE AID CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
Year Ended
March 2, March 3, February 26,
2013 2012 2011
(52 Weeks) (53 Weeks) (52 Weeks)
Revenues ...................................... $25,392,263 $26,121,222 $25,214,907
Costs and expenses:
Cost of goods sold .............................. 18,073,987 19,327,887 18,522,403
Selling, general and administrative expenses ........... 6,600,765 6,531,411 6,457,833
Lease termination and impairment charges ............ 70,859 100,053 210,893
Interest expense ............................... 515,421 529,255 547,581
Loss on debt retirements, net ...................... 140,502 33,576 44,003
Gain on sale of assets, net ........................ (16,776) (8,703) (22,224)
25,384,758 26,513,479 25,760,489
Income (loss) before income taxes .................... 7,505 (392,257) (545,582)
Income tax (benefit) expense ........................ (110,600) (23,686) 9,842
Net income (loss) .............................. $ 118,105 $ (368,571) $ (555,424)
Computation of income (loss) applicable to common
stockholders:
Net income (loss) .............................. $ 118,105 $ (368,571) $ (555,424)
Accretion of redeemable preferred stock .............. (102) (102) (102)
Cumulative preferred stock dividends ................ (10,528) (9,919) (9,346)
Income (loss) attributable to common stockholders—basic
and diluted ................................. $ 107,475 $ (378,592) $ (564,872)
Basic and diluted income (loss) per share ............. $ 0.12 $ (0.43) $ (0.64)
The accompanying notes are an integral part of these consolidated financial statements.
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