G iii apparel group ltd /de/ (GIII)
Income statement / Yearly
Jan'20Jan'19Jan'18Jan'17Jan'16Jan'15Jan'14Jan'13Jan'12Jan'11Jan'10
Net sales

3,160

3,076

2,806

2,386

2,344

2,116

1,718

1,399

1,231

1,063

800

Cost of goods sold

2,042

1,969

1,752

1,545

1,505

1,359

1,133

948

860

712

533

Gross profit

1,117

1,107

1,054

841

838

757

585

451

370

351

266

Selling, general and administrative expenses

832

834

855

704

628

571

440

341

277

248

205

Depreciation and amortization

38

38

37

32

25

20

13

9

7

5

5

Asset impairments, net of gain on lease terminations

19

2

7

10

-

-

-

-

-

-

-

Operating profit

227

230

153

93

184

164

130

100

86

96

56

Other loss

-1

-2

-1

-0

1

11

-

-

-

-

-

Equity loss in joint venture

-

-

-

-

-

-

-

-0

-1

-

-

Interest and financing charges, net

44

43

42

-15

-6

-7

-8

-7

-5

4

4

Income before income taxes

182

183

110

77

179

168

122

92

79

92

51

Income tax expense

38

45

47

25

64

59

45

35

29

36

19

Net income

143

138

62

51

114

110

77

56

49

56

31

Add: Loss attributable to noncontrolling interest

-

-

-

-

-

-1

-0

-0

-

-

-

Net income (loss)

-

-

-

51

114

108

76

56

49

56

-

NET INCOME PER COMMON SHARE:
Basic:
Net income per common share

2.98

2.81

1.27

1.12

2.52

2.55

1.90

2.84

2.51

2.96

1.87

Weighted average number of shares outstanding (in shares)

48

49

48

46

45

43

40

20

19

19

16

Diluted:
Net income per common share

2.94

2.75

1.25

1.10

2.46

2.48

1.85

2.80

2.46

2.88

1.83

Weighted average number of shares outstanding (in shares)

48

50

49

47

46

44

41

20

20

19

17

Net income

143

138

62

51

114

110

77

56

49

56

31

Other comprehensive income (loss):
Foreign currency translation adjustments

-2

-9

22

-4

-13

-16

2

3

0

0

-

Other comprehensive income (loss)

-2

-9

22

-4

-13

-16

2

3

0

0

-

Comprehensive income

141

128

84

47

100

94

80

60

49

56

-