Restoration Hardware 2012 Annual Report Download - page 134

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RESTORATION HARDWARE HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share amounts)
Year Ended
February 2,
2013
January 28,
2012
January 29,
2011
Net revenues $1,193,046 $958,084 $772,752
Cost of goods sold 756,597 601,735 501,132
Gross profit 436,449 356,349 271,620
Selling, general and administrative expenses 505,485 329,506 274,836
Income (loss) from operations (69,036) 26,843 (3,216)
Interest expense (5,776) (5,134) (3,150)
Income (loss) before income taxes (74,812) 21,709 (6,366)
Income tax expense (benefit) (62,023) 1,121 685
Net income (loss) $ (12,789) $ 20,588 $ (7,051)
Weighted-average shares used in computing basic and diluted net income
(loss) per share 9,428,828 468 100
Basic and diluted net income (loss) per share $ (1.36) $ 43,991 $ (70,510)
The accompanying notes are an integral part of these Consolidated Financial Statements.
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