DSW 2012 Annual Report Download - page 20

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17
Operations” set forth in Item 7 of this Annual Report on Form 10-K.
Fiscal years ended(1)
2/2/2013 1/28/2012 1/29/2011 1/30/2010 1/31/2009
(dollars in thousands, except per share and net sales per average gross square foot)
Statement of Operations Data(2):
Net sales(3) $ 2,257,778 $ 2,024,329 $ 1,822,376 $ 1,602,605 $ 1,462,944
Gross profit(4) $ 724,720 $ 653,947 $ 565,681 $ 467,492 $ 379,099
Change in fair value of derivative
instruments $ (6,121) $ (53,914) $ (49,014) $ (66,499) $ 85,235
Depreciation and amortization $ 57,801 $ 51,237 $ 48,262 $ 46,738 $ 38,466
Operating profit $ 236,802 $ 151,450 $ 120,560 $ (39,844) $ 128,048
Income from continuing
operations $ 145,186 $ 200,338 $ 51,820 $ (65,610) $ 109,180
Total income (loss) from
discontinued operations, net of tax $ 1,253 $ (4,855) $ 6,628 $ 59,880 $ (48,379)
Less: Income attributable to
noncontrolling interests — $ (20,695) $ (40,654) $ (20,361) $ (9,960)
Net income (loss), net of
noncontrolling interests $ 146,439 $ 174,788 $ 17,794 $ (26,091) $ 50,841
Earnings per Share Data:
Diluted earnings (loss) per share
from continuing operations, net of
noncontrolling interests $ 3.20 $ 4.68 $ 0.52 $ (4.04) $ 2.94
Diluted earnings (loss) per share
from discontinued operations $ 0.03 $ (0.14) $ 0.31 $ 2.82 $ (2.25)
Diluted earnings (loss) per share,
net of noncontrolling interests $ 3.23 $ 4.54 $ 0.82 $ (1.23) $ 0.69
Balance Sheet Data:
Total assets $ 1,262,103 $ 1,207,900 $ 1,041,477 $ 903,465 $ 953,762
Working capital(5) $ 546,479 $ 560,458 $ 320,629 $ 369,204 $ 307,776
Current ratio(6) 3.0 2.8 1.8 2.4 2.2
Total shareholders’ equity $ 858,579 $ 786,587 $ 488,869 $ 403,290 $ 395,186
Long-term obligations(7) — — $ 132,132 $ 129,757 $ 127,576
Other Data:
Cash dividends per share(8) $ 2.87 $ 2.30 — — —
Capital expenditures(9) $ 99,752 $ 76,912 $ 52,298 $ 21,785 $ 78,658
Number of DSW stores:
Beginning of period 326 311 305 298 259
New stores 39 17 9 9 41
Closed/re-categorized stores(10) (1) (2)(3)(2) (2)
End of period 364 326 311 305 298
Comparable DSW stores(11) 308 300 293 249 217
DSW total square footage (in
thousands)(12) 8,120 7,289 6,972 6,840 6,750
Average gross square footage
(in thousands)(13) 7,690 7,158 6,928 6,840 6,454
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