Express 2012 Annual Report Download - page 88
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17. Quarterly Financial Data (Unaudited)
Summarized unaudited quarterly financial results for 2012 and 2011 follows:
2012 Quarter First Second Third Fourth
(in thousands, except per share amounts)
Net sales ............................................. $495,952 $454,879 $468,527 $728,711
Gross profit ........................................... $188,767 $146,521 $151,538 $255,813
Net income ........................................... $ 42,073 $ 15,829 $ 17,422 $ 63,943
Earnings per basic share ................................. $ 0.47 $ 0.18 $ 0.20 $ 0.75
Earnings per diluted share ................................ $ 0.47 $ 0.18 $ 0.20 $ 0.75
2011 Quarter First Second Third Fourth
(in thousands, except per share amounts)
Net sales ............................................. $467,377 $446,041 $486,784 $673,153
Gross profit ........................................... $178,314 $149,832 $175,968 $250,347
Net income ........................................... $ 35,013 $ 12,620 $ 32,670 $ 60,394
Earnings basic share .................................... $ 0.40 $ 0.14 $ 0.37 $ 0.68
Earnings per diluted share ................................ $ 0.39 $ 0.14 $ 0.37 $ 0.68
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