Barnes and Noble 2013 Annual Report Download - page 45

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Fiscal 2011
Statement of Operations Data:
(In thousands, except per share data) As Previously Reported Corrections Restated
Sales $ 6,998,565 — $6,998,565
Cost of sales and occupancy 5,205,712 (8,460) 5,197,252
Gross profit 1,792,853 8,460 1,801,313
Selling and administrative expenses 1,629,465 — 1,629,465
Depreciation and amortization 228,647 — 228,647
Operating income (loss) (65,259) 8,460 (56,799)
Interest expense, net and amortization of deferred
financing fees (57,350) — (57,350)
Income (loss) before income taxes (benefit) (122,609) 8,460 (114,149)
Income taxes (benefit) (48,652) 3,376 (45,276)
Net income (loss) (73,957) 5,084 (68,873)
Net loss attributable to noncontrolling interests 37 — 37
Net income (loss) attributable to Barnes & Noble, Inc. $ (73,920) 5,084 $ (68,836)
Diluted income (loss) per common share
Net income (loss) attributable to Barnes & Noble, Inc. $ (1.31) 0.09 $ (1.22)
Fiscal 2012
Statement of Operations Data:
(In thousands, except per share data) As Previously Reported Corrections Restated
Sales $ 7,129,199 — $ 7,129,199
Cost of sales and occupancy 5,218,383 (6,700) 5,211,683
Gross profit 1,910,816 6,700 1,917,516
Selling and administrative expenses 1,739,452 — 1,739,452
Depreciation and amortization 232,667 — 232,667
Operating income (loss) (61,303) 6,700 (54,603)
Interest expense, net and amortization of deferred financing
fees (35,304) — (35,304)
Income (loss) before income taxes (benefit) (96,607) 6,700 (89,907)
Income taxes (benefit) (27,740) 2,673 (25,067)
Net income (loss) $ (68,867) 4,027 $ (64,840)
Diluted income (loss) per common share
Net income (loss) $ (1.41) 0.07 $ (1.34)
2013 Annual Report 43