Banana Republic 2011 Annual Report Download - page 86

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Long-lived assets by geographic location are as follows:
($ in millions) January 28,
2012 January 29,
2011
U.S.(1) .............................................................................. $2,245 $2,312
Canada ............................................................................. 191 178
Total North America ................................................................. 2,436 2,490
Otherforeign ....................................................................... 462 418
Totallong-livedassets ............................................................... $2,898 $2,908
(1) U.S. includes the United States and Puerto Rico.
Net sales by region are allocated based on the location in which the sale was originated. Store sales are allocated
based on the location of the store, and online sales are allocated based on the location of the distribution center
from which the products were shipped. Net sales by geographic location are as follows:
Fiscal Year
($ in millions) 2011 2010 2009
U.S.(1)...................................................................... $11,368 $11,740 $11,609
Canada ..................................................................... 1,007 988 860
Total North America ......................................................... 12,375 12,728 12,469
Otherforeign ............................................................... 2,174 1,936 1,728
Totalnetsales .............................................................. $14,549 $14,664 $14,197
(1) U.S. includes the United States and Puerto Rico.
Note 16. Quarterly Information (Unaudited)
Selected quarterly and annual operating results are as follows:
13 Weeks Ended 52 Weeks Ended
($ in millions except per share amounts) April 30,
2011 July 30,
2011 October 29,
2011 January 28,
2012 January 28, 2012
(fiscal 2011)
Netsales ........................................... $3,295 $3,386 $3,585 $4,283 $14,549
Grossprofit ......................................... $1,304 $1,251 $1,314 $1,405 $ 5,274
Netincome ......................................... $ 233 $ 189 $ 193 $ 218 $ 833
Earnings per share—basic (1) ......................... $ 0.40 $ 0.35 $ 0.38 $ 0.45 $ 1.57
Earnings per share—diluted (1) ........................ $ 0.40 $ 0.35 $ 0.38 $ 0.44 $ 1.56
13 Weeks Ended 52 Weeks Ended
($ in millions except per share amounts) May 1,
2010 July 31,
2010 October 30,
2010 January 29,
2011 January 29, 2011
(fiscal 2010)
Netsales ........................................... $3,329 $3,317 $3,654 $4,364 $14,664
Grossprofit ......................................... $1,401 $1,314 $1,505 $1,669 $ 5,889
Netincome ......................................... $ 302 $ 234 $ 303 $ 365 $ 1,204
Earnings per share—basic (1) ......................... $ 0.45 $ 0.36 $ 0.49 $ 0.60 $ 1.89
Earnings per share—diluted (1) ........................ $ 0.45 $ 0.36 $ 0.48 $ 0.60 $ 1.88
(1) Earnings per share were computed individually for each of the periods presented; therefore, the sum of the earnings per share amounts
for the quarters may not equal the total for the year.
72 Gap Inc. Form 10-K