G III APPAREL GROUP LTD /DE/ GIII Income Statement

G iii apparel group ltd /de/ (GIII)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Oct'10	Jul'10
Net sales
3,160	3,172	3,117	3,098	3,076	3,024	2,976	2,889	2,806	2,695	2,553	2,458	2,386	2,310	2,336	2,368	2,344	2,331	2,233	2,183	2,116	2,075	1,931	1,811	1,718	1,620	1,495	1,442	1,399	1,318	1,285	1,263	1,231	1,386	1,065	0	0	0
Cost of goods sold
2,042	2,046	2,008	1,989	1,969	1,917	1,860	1,802	1,752	1,700	1,629	1,580	1,545	1,488	1,499	1,518	1,505	1,487	1,431	1,402	1,359	1,335	1,259	1,189	1,133	1,084	995	967	948	901	896	883	860	945	726	0	0	0
Gross profit
1,117	1,125	1,108	1,108	1,107	1,107	1,116	1,087	1,054	994	924	877	841	821	837	849	838	843	801	781	757	739	671	622	585	536	499	475	451	417	389	379	370	441	339	0	0	0
Selling, general and administrative expenses
832	846	832	834	834	852	862	859	855	835	791	748	704	663	656	644	628	611	596	586	571	570	519	477	440	399	380	360	341	314	295	285	277	284	251	0	0	0
Depreciation and amortization
38	38	39	38	38	39	36	37	37	37	38	35	32	30	28	26	25	23	22	21	20	18	16	14	13	12	12	10	9	9	8	8	7	6	6	0	0	0
Gain on lease terminations
-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating profit
227	239	236	233	230	207	209	182	153	110	84	83	93	127	152	178	184	208	182	173	164	150	135	130	130	125	107	103	100	93	85	86	86	149	81	0	0	0
Other loss
-1	-3	-3	-3	-2	1	-1	-0	-1	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings (loss) in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity loss in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-2	-1	-1	-1	0	0	0	-	-
Interest and financing charges, net
44	45	45	44	43	43	42	42	42	11	1	-7	-15	-6	-6	-6	-6	-9	-9	-8	-7	3	-1	-5	-8	-8	-8	-8	-7	-14	-9	-7	-5	5	4	0	0	0
Income before income taxes
182	190	187	185	183	165	165	139	110	65	49	56	77	120	147	172	179	202	187	177	168	153	126	122	122	116	98	95	92	85	78	78	79	143	77	0	0	0
Income tax expense
38	48	46	45	45	52	64	57	47	22	17	18	25	40	50	62	64	74	66	62	59	54	47	45	45	44	37	36	35	31	29	29	29	55	30	0	0	0
Net income
143	142	141	140	138	113	101	82	62	42	31	38	51	80	96	110	114	128	122	115	110	101	80	77	77	72	61	58	56	53	49	49	49	87	46	0	0	0
Add: Loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-1	-1	-1	-0	-0	-0	0	-	0	0	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114	128	121	114	108	99	79	76	76	71	60	58	56	92	45	0	-	0	0	-	-	-
NET INCOME PER COMMON SHARE:
Basic:
Net income per common share
0.50	2.00	0.23	0.25	0.50	1.91	0.20	0.20	-0.01	1.67	-0.18	-0.21	-0.45	1.54	-0.03	0.06	0.17	1.92	0.28	0.15	0.57	1.80	0.15	0.03	-1.26	2.92	0.18	0.06	0.40	2.41	0.07	-0.04	0.27	2.19	0.08	-0.03	2.22	0.16
Weighted average number of shares outstanding (in shares)
47	47	48	48	49	49	49	49	49	48	48	48	93	45	45	0	90	45	45	0	87	44	0	40	101	20	20	20	20	20	19	19	19	19	19	19	19	0
Diluted:
Net income per common share
0.50	1.97	0.23	0.24	0.49	1.86	0.20	0.20	-0.01	1.65	-0.18	-0.21	-0.43	1.50	-0.03	0.06	0.17	1.87	0.27	0.15	0.55	1.76	0.14	0.03	-1.22	2.85	0.17	0.05	0.40	2.37	0.07	-0.04	-	2.16	0.08	-	2.16	0.15
Weighted average number of shares outstanding (in shares)
48	48	49	49	50	50	50	50	52	49	48	48	96	46	45	0	93	46	46	0	89	45	0	42	104	20	20	20	20	20	20	19	-	20	20	-	19	0
Net income
143	142	141	140	138	113	101	82	62	42	31	38	51	0	0	0	-	-	122	115	110	101	80	77	77	72	61	58	56	53	49	49	49	87	46	0	0	0
Other comprehensive income (loss):
Foreign currency translation adjustments
-2	-7	-3	-16	-9	-0	6	25	22	5	0	-9	-4	-1	-0	3	-13	-17	-25	-27	-16	-6	4	4	2	1	1	1	3	3	-0	0	0	0	0	0	-	-
Other comprehensive income (loss)
-2	-7	-3	-16	-9	-0	6	25	22	5	0	-9	-4	-1	-0	3	-13	-17	-25	-27	-16	-6	4	4	2	1	1	1	3	3	-0	0	0	0	0	0	-	-
Comprehensive income
141	135	138	123	128	113	107	107	84	47	32	28	47	78	96	113	100	111	96	88	94	94	85	82	80	73	62	59	60	57	49	49	49	0	0	0	-	-