Dillard's 2012 Annual Report Download - page 56

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Consolidated Statements of Income
Dollars in Thousands, Except Per Share Data
Years Ended
February 2, 2013 January 28, 2012 January 29, 2011
Net sales ................................. $6,593,169 $6,263,600 $6,120,961
Service charges and other income ................ 158,426 141,884 137,384
6,751,595 6,405,484 6,258,345
Cost of sales ............................... 4,247,108 4,047,269 3,980,873
Selling, general and administrative expenses ........ 1,671,526 1,630,907 1,625,793
Depreciation and amortization .................. 259,621 257,685 261,550
Rentals ................................... 34,838 48,110 51,045
Interest and debt expense, net .................. 69,596 72,059 73,792
Gain on litigation settlement ................... — (44,460) —
Gain on disposal of assets ..................... (12,435) (3,955) (5,632)
Asset impairment and store closing charges ........ 1,591 1,200 2,208
Income before income taxes and income on (equity in
losses of) joint ventures ..................... 479,750 396,669 268,716
Income taxes (benefit) ........................ 145,060 (62,518) 84,450
Income on (equity in losses of) joint ventures ....... 1,272 4,722 (4,646)
Net income ................................ $ 335,962 $ 463,909 $ 179,620
Earnings per common share:
Basic ................................... $ 6.98 $ 8.67 $ 2.68
Diluted ................................. 6.87 8.52 2.67
See notes to consolidated financial statements.
F-6