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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 01, 2014
Nov. 02, 2013
Nov. 01, 2014
Nov. 02, 2013
Income Statement [Abstract]        
NET SALES $ 911,453 $ 1,033,293 $ 2,624,486 $ 2,817,760
Cost of Goods Sold 344,383 382,253 992,801 1,009,431
GROSS PROFIT 567,070 651,040 1,631,685 1,808,329
Stores and Distribution Expense 413,551 481,232 1,257,422 1,402,080
Marketing, General and Administrative Expense 104,981 126,750 339,595 363,176
Restructuring Charges 0 44,708 6,053 44,708
Asset Impairment 16,706 43,571 16,706 43,571
Other Operating Income, Net (1,534) (9,851) (9,444) (15,079)
OPERATING INCOME (LOSS) 33,366 [1] (35,370) [2] 21,353 [3] (30,127) [4]
Interest Expense, Net 5,572 1,655 9,589 5,032
INCOME (LOSS) BEFORE TAXES 27,794 (37,025) 11,764 (35,159)
Tax Expense (Benefit) 9,567 (21,381) 4,331 (23,682)
NET INCOME (LOSS) 18,227 (15,644) 7,433 (11,477)
NET INCOME (LOSS) PER SHARE:        
BASIC (in dollars per share) $ 0.26 $ (0.20) $ 0.10 $ (0.15)
DILUTED (in dollars per share) $ 0.25 $ (0.20) $ 0.10 $ (0.15)
WEIGHTED-AVERAGE SHARES OUTSTANDING:        
BASIC (in shares) 70,814 76,456 72,577 77,387
DILUTED (in shares) 72,128 76,456 73,870 77,387
DIVIDENDS DECLARED PER SHARE $ 0.20 $ 0.20 $ 0.6 $ 0.6
OTHER COMPREHENSIVE INCOME (LOSS)        
Foreign Currency Translation Adjustments (39,119) 10,959 (35,545) (8,530)
Unrealized Gain (Loss) on Derivative Financial Instruments, net of taxes 9,071 (4,571) 11,345 5,288
Other Comprehensive Income (Loss) (30,048) 6,388 (24,200) (3,242)
COMPREHENSIVE INCOME (LOSS) $ (11,821) $ (9,256) $ (16,767) $ (14,719)
[1] Includes charges related to store-related asset impairments, store closures, the restructuring of the Gilly Hicks brand, the Company's profit improvement initiative and legal, advisory and other charges related to certain corporate governance matters, of which $6.0 million is included in U.S. Stores, $13.0 million is included in International Stores, $0.1 million is included in Direct-to-Consumer Operations and $1.2 million is included in Other for the thirteen week period ended November 1, 2014.
[2] Includes charges related to store-related asset impairments, the restructuring of the Gilly Hicks brand and the Company's profit improvement initiative of which $51.5 million is included in U.S. Stores, $32.2 million is included in International Stores and $12.2 million is included in Other for the thirteen week period ended November 2, 2013.
[3] Includes charges related to store-related asset impairments, store closures, the restructuring of the Gilly Hicks brand, the Company's profit improvement initiative and legal, advisory and other charges related to certain corporate governance matters of which $5.5 million is included in U.S. stores, $20.7 million is included in International Stores, $0.1 million is included in Direct-to-Consumer Operations and $11.9 million is included in Other for the thirty-nine week period ended November 1, 2014.
[4] Includes charges related to store-related asset impairments, the restructuring of the Gilly Hicks brand and the Company's profit improvement initiative of which $51.5 million is included in U.S. stores, $32.2 million is included in International Stores and $14.7 million is included in Other for the thirty-nine week period ended November 2, 2013.