CompUSA 2014 Annual Report Download - page 51

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SYSTEMAX INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share data)
See notes to consolidated financial statements.
47
Table of Contents
Year Ended December 31,
2014
2013
2012
Net sales
$
3,442.8
$
3,352.3
$
3,544.3
Cost of sales
2,949.6
2,869.4
3,058.5
Gross profit
493.2
482.9
485.8
Selling, general and administrative expenses
494.7
481.3
479.4
Special charges, net
24.4
22.2
46.3
Operating loss from continuing operations
(25.9
)
(20.6
)
(39.9
)
Foreign currency exchange loss
5.4
0.1
0.3
Interest and other income, net
-
(0.4
)
(0.3
)
Interest expense
1.3
1.5
1.7
Loss from continuing operations before income taxes
(32.6
)
(21.8
)
(41.6
)
Provision for (benefit from) income taxes
4.9
22.0
(33.6
)
Loss from continuing operations
(37.5
)
(43.8
)
(8.0
)
Loss from discontinued operations, net of tax
-
-
(0.3
)
Net loss
$
(37.5
)
$
(43.8
)
$
(8.3
)
Loss from continuing operations and net loss per common share:
Basic
$
(1.01
)
$
(1.18
)
$
(0.22
)
Diluted
$
(1.01
)
$
(1.18
)
$
(0.22
)
Weighted average common and common equivalent shares:
Basic
37.1
37.0
36.9
Diluted
37.1
37.0
36.9
Dividends declared
$
-
$
-
$
0.25