Unaudited Consolidated Interim Financial Information

12 Months Ended

Dec. 31, 2013

Unaudited Consolidated Interim Financial Information

14. Unaudited Consolidated Interim Financial Information

Unaudited interim consolidated financial information FY 2013 and FY 2012 is summarized as follows:


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(in 000’s except per share data)
FY 2013⁽¹⁾
Licensing and other revenue	$	105,062	$	115,125	$	107,175	$	105,264
Operating income		66,236		71,514		61,470		58,191
Net income attributable to Iconix Brand Group, Inc.		34,189		38,716		28,997		26,146

Basic earnings per share	$	0.53	$	0.69	$	0.54	$	0.51
Diluted earnings per share		0.51		0.66		0.50		0.44

FY 2012⁽²⁾
Licensing and other revenue	$	88,451	$	93,646	$	86,590	$	85,131
Operating income		57,552		59,005		53,564		45,329
Net income attributable to Iconix Brand Group, Inc.		27,599		28,585		27,131		26,093

Basic earnings per share	$	0.38	$	0.41	$	0.40	$	0.38
Diluted earnings per share		0.37		0.40		0.38		0.37

(1)

FY 2013: licensing and other revenue includes a net gain of approximately $9.8 million related to the Iconix Canada transaction in the second quarter, a net gain of approximately $5.1 million related to the Iconix Australia transaction in the third quarter, and net gains of $4.7 million, $2.3 million, and $10.0 million related to the Iconix SE Asia, Iconix Israel and Umbro Korea transactions, respectively, in the fourth quarter. See Note 3 for a description of these transactions.

(2)

FY 2012: licensing and other revenue includes a net gain of approximately $5.6 million related to the Iconix India transaction in the second quarter, and a net gain of approximately $6.5 million related to the OP Japan transaction in the fourth quarter. Net income attributable to Iconix Brand Group, Inc. includes a net gain of $3.7 million in the fourth quarter, representing our 50% interest in a $7.4 million net gain related to an investment through the Iconix China joint venture. See Note 3 for a description of these transactions.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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