Rue 21 2012 Annual Report Download - page 29

Item 6. Selected Consolidated Financial Data.
The following selected financial data are derived from the Consolidated Financial Statements of the Company.
We have also included certain non-financial operating data to enhance your understanding of our business. The data
set forth below should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” in Item 7 and the Company’s Consolidated Financial Statements and related notes
herein. The historical results presented below are not necessarily indicative of results of operations to be expected
for any future period.
Fiscal Year Ended
February 2,
2013(1)
January 28,
2012
January 29,
2011
January 30,
2010
January 31,
2009
(in thousands, except per share and operating data)
Consolidated Statement of Income Data
Net sales ................................... $901,886 $760,302 $634,728 $525,600 $391,414
Cost of goods sold ............................ 556,368 473,662 399,896 337,693 257,853
Gross profit ................................. 345,518 286,640 234,832 187,907 133,561
Selling, general and administrative expense ........ 244,096 197,176 163,006 134,078 99,886
Depreciation and amortization expense ........... 32,961 26,618 21,980 16,994 11,624
Income from operations ....................... 68,461 62,846 49,846 36,835 22,051
Interest (Income) expense, net .................. (27) (9) 74 436 1,385
Provision for income taxes ..................... 24,587 23,905 19,528 14,382 8,027
Net income ................................. $ 43,901 $ 38,950 $ 30,244 $ 22,017 $ 12,639
Net income per common share
Basic .................................. $ 1.81 $ 1.60 $ 1.25 $ 0.99 $ 0.58
Diluted ................................. $ 1.76 $ 1.55 $ 1.21 $ 0.96 $ 0.55
Weighted average common shares outstanding
Basic .................................. 24,287 24,417 24,277 22,267 21,914
Diluted ................................. 24,903 25,051 25,002 23,037 22,814
Operating Data (unaudited):
Comparable store sales change(2) ............ 0.7% 0.4% 2.1% 7.8% 3.7%
Number of stores open at end of period ....... 877 755 638 535 449
Total gross square feet end of period (in
thousands) ............................ 4,347 3,708 2,989 2,390 1,949
Capital expenditures (in thousands) .......... $ 60,127 $ 53,552 $ 40,480 $ 33,630 $ 26,464
1) Except for the fiscal year ended February 2, 2013, which includes 53 weeks, all fiscal years presented include
52 weeks.
2) The comparable sales increase for the period ended February 2, 2013 is compared to the corresponding
52 week period in fiscal year 2011. The extra week in fiscal year 2012 has been excluded from the comparable
store sales calculation.
As of
February 2,
2013
January 28,
2012
January 29,
2011
January 30,
2010
January 31,
2009
(in thousands)
Consolidated Balance Sheet Data
Cash, cash equivalents and short-term investments . . $ 63,519 $ 71,960 $ 50,111 $ 26,751 $ 4,611
Working capital .............................. 98,910 86,981 49,723 21,604 798
Total assets ................................. 399,509 348,022 260,343 188,273 140,659
Total long-term debt .......................... ————19,476
Stockholders’ equity .......................... 178,311 147,223 102,129 67,448 18,393
Cash Flow Data
Cash from operations ......................... $ 74,979 $ 74,200 $ 61,643 $ 48,779 $ 36,589
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