DSW 2008 Annual Report Download - page 70

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M
a
y
5,
200
7
A
u
g
ust 4
,
200
7
November
3,
200
7
F
ebruar
y2,
2008
Thirteen Weeks Ende
d
(In thousands except per share data
)
N
et sales
.
............................
$
3
56,997 $ 348,718 $ 367,380 $ 332,520
C
ost of sale
s
..........................
(
247,741) (267,368) (260,720) (2
5
9,6
5
1)
G
ross
p
ro
fi
t
.
......................
109,256 81,350 106,660 72,869
O
perat
i
n
g
expenses
.....................
(
72,038
)(
73,024
)(
71,855
)(
71,897
)
Operatin
g
profi
t
....................
37,218 8,326 34,80
5
972
I
nterest ex
p
ense
.
......................
(138) (143) (140) (7
5
7)
I
nterest income
..
......................
1,8
5
7 2,091 1,673 1,
5
27
I
nterest
i
ncome
,
ne
t
.................
1
,
719 1
,
948 1
,
533 77
0
Earn
i
ngs
b
e
f
ore
i
ncome taxes
.
...........
.
38
,
937 10
,
274 3
6,
338 1
,
742
Income tax provisio
n
.
...................
$
(
15,193
)$(
3,753
)$(
13,906
)$ (
664
)
N
et income
.
.
.....................
$
23,744 $ 6,521 $ 22,432 $ 1,078
E
arnin
g
s per share:(1)
Bas
i
c ............................. $ 0.54 $ 0.15 $ 0.51 $ 0.0
2
D
il
ute
d
............................
$
0.54
$
0.15
$
0.51
$
0.0
2
(1) T
h
e earn
i
ngs per s
h
are ca
l
cu
l
at
i
ons
f
or eac
h
quarter are
b
ase
d
upon t
h
e app
li
ca
bl
ewe
i
g
h
te
d
average s
h
ares
outstan
di
ng
f
or eac
h
per
i
o
d
an
d
may not necessar
il
y
b
e equa
l
to t
h
e
f
u
ll
year s
h
are amount.
F-
24
D
S
W INC
.
N
OTES TO CONSOLIDATED FINANCIAL STATEMENTS —
(
Continued
)