DSW 2012 Annual Report Download - page 75

Download and view the complete annual report

Please find page 75 of the 2012 DSW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

F- 35
DSW
Affiliated
Business
Group Other DSW Inc.
(in thousands)
As of and for the fiscal year ended February 2, 2013
Net sales $ 2,125,262 $ 132,516 — $ 2,257,778
Gross profit 696,854 27,866 — 724,720
Capital expenditures 99,326 426 — 99,752
Total assets 1,164,331 97,358 $ 414 1,262,103
As of and for the fiscal year ended January 28, 2012
Net sales $ 1,871,917 $ 152,412 — $ 2,024,329
Gross profit 624,391 29,556 — 653,947
Capital expenditures 76,472 440 — 76,912
Total assets 1,118,217 89,740 $ (57) 1,207,900
For the fiscal year ended January 29, 2011
Net sales $ 1,680,889 $ 141,487 — $ 1,822,376
Gross profit 535,384 30,297 — 565,681
Capital expenditures 52,178 120 — 52,298
17. INCOME TAXES
Income Tax Provision- The following table presents the composition of the provision (benefit) for income taxes for continuing
operations for the periods presented:
Fiscal years ended
February 2, 2013 January 28, 2012 January 29, 2011
Current: (in thousands)
Federal $ 14,070 $ 35,811 $ 49,446
State and local 9,193 10,938 8,507
Total current tax expense 23,263 46,749 57,953
Deferred:
Federal 70,158 (101,797)(3,226)
State and local 2,006 (3,021) 5,246
Total deferred tax expense (benefit) 72,164 (104,818) 2,020
Income tax provision (benefit) $ 95,427 $ (58,069) $ 59,973
Table of Contents DSW INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS