| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | |
|---|---|---|---|---|---|---|
Net sales | ||||||
4,741,772 | 4,570,565 | - | - | - | - | |
Net sales | ||||||
- | - | 4,341,795 | 3,970,980 | 3,534,244 | 3,210,293 | |
Cost of sales, buying and occupancy | ||||||
4,024,130 | 3,896,897 | 3,712,291 | 3,372,120 | 3,006,955 | 2,736,357 | |
Gross margin | ||||||
717,642 | 673,668 | 629,504 | 598,860 | 527,289 | 473,936 | |
Operating and administrative expenses | ||||||
682,306 | 621,078 | 582,486 | 503,995 | 438,528 | 387,133 | |
Goodwill impairment | ||||||
94,000 | 180,000 | - | - | - | - | |
Income (loss) from operations | ||||||
-58,664 | -127,410 | 47,018 | 94,865 | 88,761 | 86,803 | |
Interest expense, net | ||||||
-42,903 | -36,470 | -32,654 | -32,687 | -37,602 | -50,365 | |
Loss on early extinguishment of debt | ||||||
- | - | -4,978 | -2,192 | -2,224 | -24,487 | |
Equity in earnings of joint venture | ||||||
2,093 | 923 | 1,525 | 1,378 | 1,037 | 1,649 | |
Loss before income taxes | ||||||
-99,474 | -162,957 | 10,911 | 61,364 | 49,972 | 13,600 | |
Income tax benefit | ||||||
12,681 | -24,043 | -2,037 | 23,102 | 16,854 | 5,429 | |
Net loss | ||||||
-112,155 | -138,914 | 12,948 | 38,262 | 33,118 | 8,171 | |
Basic loss per share (in dollars per share) | ||||||
-1.54 | -1.92 | 0.18 | 0.52 | 0.54 | 0.14 | |
Diluted loss per share (in dollars per share) | ||||||
-1.54 | -1.92 | 0.17 | 0.50 | 0.52 | 0.14 | |
Weighted average shares outstanding: | ||||||
Basic (in shares) | ||||||
72,890 | 72,352 | 72,727 | 73,121 | 61,455 | 57,030 | |
Diluted (in shares) | ||||||
72,890 | 72,352 | 78,026 | 77,141 | 63,841 | 59,387 | |
Comprehensive loss: | ||||||
Net loss | ||||||
-112,155 | -138,914 | 12,948 | 38,262 | 33,118 | 8,171 | |
Minimum pension, SERP and postretirement benefit plan obligation adjustment, net of tax (benefit) expense of $(903) and $(4,602), respectively | ||||||
-2,439 | 12,444 | 7,332 | -956 | 32,480 | -22,505 | |
Derivative instruments: | ||||||
Loss, net of income tax benefit of $(48) at March 25, 2018 | ||||||
-138 | 750 | 345 | -1,375 | -2,504 | 2,898 | |
Reclassification adjustments, net of income tax expense of $5 at March 25, 2018 | ||||||
-15 | -13 | -15 | 32 | -9 | 18 | |
Foreign currency translation | ||||||
-140 | 298 | -623 | -1,120 | -426 | -420 | |
Other comprehensive loss | ||||||
2,176 | -11,383 | -7,595 | -1,571 | -35,401 | 24,965 | |
Comprehensive loss | ||||||
-109,979 | -150,297 | 5,353 | 36,691 | -2,283 | 33,136 | |