Lululemon 2014 Annual Report Download - page 44

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Table of Contents
lululemon athletica inc.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Amounts in thousands, except per share amounts)
See accompanying notes to the consolidated financial statements
38
Fiscal Year Ended
February 1,
2015
February 2,
2014
February 3,
2013
Net revenue
$
1,797,213
$
1,591,188
$
1,370,358
Cost of goods sold
883,033
751,112
607,532
Gross profit
914,180
840,076
762,826
Selling, general and administrative expenses
538,147
448,718
386,387
Income from operations
376,033
391,358
376,439
Other income (expense), net
7,102
5,768
4,957
Income before provision for income taxes
383,135
397,126
381,396
Provision for income taxes
144,102
117,579
109,965
Net income
239,033
279,547
271,431
Net income attributable to non-controlling interest
—
—
875
Net income attributable to lululemon athletica inc.
$
239,033
$
279,547
$
270,556
Other comprehensive (loss) income:
Foreign currency translation adjustment
(105,339
)
(89,158
)
(459
)
Comprehensive income
$
133,694
$
190,389
$
270,097
Basic earnings per share
$
1.66
$
1.93
$
1.88
Diluted earnings per share
$
1.66
$
1.91
$
1.85
Basic weighted-average number of shares outstanding
143,935
144,913
144,000
Diluted weighted-average number of shares outstanding
144,298
146,043
145,806