| Feb'20 | Feb'19 | Jan'18 | Jan'17 | Jan'16 | Feb'15 | Feb'14 | Feb'13 | Jan'12 |
|---|---|---|---|---|---|---|---|---|
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME | ||||||||
Net Sales | ||||||||
6,146 | 6,047 | 5,121 | 4,819 | 4,615 | 6,682 | 6,387 | 7,647 | 6,933 |
Cost of sales | ||||||||
3,743 | 3,672 | 3,088 | 2,894 | 2,801 | 4,487 | 4,307 | 5,495 | 4,942 |
Gross Profit | ||||||||
2,403 | 2,375 | 2,033 | 1,925 | 1,814 | 2,195 | 2,080 | 2,152 | 1,991 |
Operating expenses: | ||||||||
Selling, general and administrative | ||||||||
1,566 | 1,543 | 1,334 | 1,269 | 1,184 | 1,446 | 1,443 | 1,551 | 1,510 |
Depreciation and amortization | ||||||||
106 | 99 | 85 | 84 | 97 | 178 | 204 | 306 | 326 |
Restructuring and separation | ||||||||
8 | 9 | 6 | 7 | 8 | 6 | 6 | - | - |
Total operating expenses | ||||||||
1,680 | 1,651 | 1,425 | 1,360 | 1,289 | 1,630 | 1,653 | 1,857 | 1,836 |
Operating Income | ||||||||
723 | 724 | 608 | 565 | 525 | 565 | 427 | 295 | 155 |
Interest expense | ||||||||
110 | 130 | 166 | 269 | 394 | 462 | 528 | 658 | 639 |
Interest income | ||||||||
- | 1 | 2 | - | - | - | - | - | - |
Loss on extinguishment & modification of debt | ||||||||
- | -69 | -84 | -179 | -100 | -108 | -87 | -709 | - |
Other (income) expense, net | ||||||||
- | - | - | - | -1 | 3 | -20 | - | 1 |
Income from Continuing Operations Before Provision for Income Taxes | ||||||||
613 | 526 | 360 | 117 | 30 | -2 | -208 | -1,072 | -483 |
Provision for income taxes | ||||||||
162 | 135 | 193 | 51 | -1,170 | 36 | 44 | 39 | 79 |
Income from Continuing Operations | ||||||||
451 | 391 | 167 | 66 | 1,200 | -38 | -252 | -1,111 | -562 |
Income from discontinued operations, net of tax | ||||||||
1 | 3 | 803 | 130 | 272 | 41 | 34 | -68 | 19 |
Net Income | ||||||||
452 | 394 | 970 | 196 | 1,472 | 3 | -218 | -1,179 | -543 |
Other comprehensive income (loss): | ||||||||
Foreign currency translation adjustment | ||||||||
- | 2 | -2 | 1 | 12 | -13 | -13 | - | -1 |
Unrealized loss on cash flow hedge, net of tax of $8, $5, $- | ||||||||
-22 | -15 | - | - | - | - | - | - | - |
Total Comprehensive Income | ||||||||
430 | 381 | 968 | 197 | 1,484 | -10 | -231 | -1,179 | -544 |
Weighted Average Common Shares Outstanding (thousands) | ||||||||
Basic | ||||||||
166 | 181 | 192 | 199 | 197 | 193 | 166 | - | - |
Diluted | ||||||||
166 | 181 | 193 | 202 | 201 | 193 | 166 | - | - |
Basic Earnings Per Share(1): | ||||||||
Income from Continuing Operations (in dollars per share) | ||||||||
2.71 | 2.16 | 0.87 | 0.33 | 6.09 | -0.20 | -1.51 | - | - |
Income from Discontinued Operations (in dollars per share) | ||||||||
0.01 | 0.02 | 4.18 | 0.65 | 1.38 | 0.21 | 0.20 | - | - |
Net Income | ||||||||
2.72 | 2.18 | 5.05 | 0.98 | 7.47 | 0.02 | -1.31 | - | - |
Diluted Earnings Per Share(1): | ||||||||
Income from Continuing Operations (in dollars per share) | ||||||||
2.70 | 2.15 | 0.86 | 0.33 | 5.96 | -0.20 | -1.51 | -8.51 | -4.30 |
Income from Discontinued Operations (in dollars per share) | ||||||||
0.01 | 0.02 | 4.15 | 0.64 | 1.35 | 0.21 | 0.20 | -0.52 | 0.15 |
Net Income | ||||||||
2.71 | 2.17 | 5.01 | 0.97 | 7.31 | 0.02 | -1.31 | -9.03 | -4.16 |
Basic & Diluted (in shares) | ||||||||
- | - | - | - | - | - | - | 130 | 130 |