Lululemon 2013 Annual Report Download - page 47

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Table of Contents
lululemon athletica inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
See accompanying notes to the consolidated financial statements
40
Fiscal Year Ended
February 2,
2014
February 3,
2013
January 29,
2012
(Amounts in thousands,
except per share amounts)
Net revenue
$
1,591,188
$
1,370,358
$
1,000,839
Cost of goods sold
751,112
607,532
431,488
Gross profit
840,076
762,826
569,351
Selling, general and administrative expenses
448,718
386,387
282,393
Income from operations
391,358
376,439
286,958
Other income (expense), net
5,768
4,957
2,500
Income before provision for income taxes
397,126
381,396
289,458
Provision for income taxes
117,579
109,965
104,494
Net income
279,547
271,431
184,964
Net income attributable to non-controlling interest
—
875
901
Net income attributable to lululemon athletica inc.
$
279,547
$
270,556
$
184,063
Basic earnings per share
$
1.93
$
1.88
$
1.29
Diluted earnings per share
$
1.91
$
1.85
$
1.27
Basic weighted-average number of shares outstanding
144,913
144,000
143,196
Diluted weighted-average number of shares outstanding
146,043
145,806
145,278
Other comprehensive (loss) income:
Foreign currency translation adjustment
(89,158
)
(459
)
1,220
Comprehensive income
$
190,389
$
270,097
$
185,283