Stein Mart 2008 Annual Report Download - page 42

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STEIN MART, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in tables in thousands, except per share amounts)
F-18
11. Quarterly Results of Operations (Unaudited)
Year Ended January 31, 2009
13 Weeks Ended
May 3, 2008
13 Weeks Ended
Aug. 2, 2008
13 Weeks Ended
Nov. 1, 2008
13 Weeks Ended
Jan. 31, 2009
Net sales $352,123 $311,628 $298,815 $363,903
Gross profit 97,746 74,122 67,464 54,905
Net income (loss) 6,998 (8,003) (14,118) (56,178)
Basic income (loss) per share $0.17 $(0.19) $(0.34) $(1.35)
Diluted income (loss) per share $0.17 $(0.19) $(0.34) $(1.35)
Year Ended February 2, 2008
13 Weeks Ended
May 5, 2007
13 Weeks Ended
Aug. 4, 2007
13 Weeks Ended
Nov. 3, 2007
13 Weeks Ended
Feb. 2, 2008
Net sales $376,119 $330,739 $333,343 $417,444
Gross profit 104,910 86,198 86,212 84,090
Net income (loss) 8,112 2,195 (2,689) (12,148)
Basic income (loss) per share $0.19 $0.05 $(0.06) $(0.30)
Diluted income (loss) per share $0.18 $0.05 $(0.06) $(0.30)
12. Legal Proceedings
The Company is involved in various routine legal proceedings incidental to the conduct of its business. Management, based upon the
advice of outside legal counsel, does not believe that any of these legal proceedings will have a material adverse effect on the Company’s
financial condition, results of operations or cash flows.