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SAKS INC (SKS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-02-13Jan-28-12Jan-29-11Jan-30-10Jan-31-09Feb-02-08Feb-03-07Jan-28-06
   10-K10-K10-K10-K/A10-K10-K10-K10-K
Total revenues  3,147.63,013.62,785.72,631.53,043.43,237.32,888.42,778.3
            Revenue growth  4.4%8.2%5.9%-13.5%-6.0%12.1%4.0%0.4%
Cost of goods sold  1,869.91,785.41,668.51,668.12,062.51,972.31,780.11,754.8
Gross profit  1,277.71,228.21,117.3963.4980.91,265.01,108.31,023.5
            Gross margin  40.6%40.8%40.1%36.6%32.2%39.1%38.4%36.8%
Selling, general and administrative  810.7767.6716.0674.3784.5840.8799.3830.5
EBITDA   [+]258.9266.9208.880.7-0.7234.6110.65.6
            EBITDA margin  8.2%8.9%7.5%3.1%0.0%7.2%3.8%0.2%
Depreciation and amortization  120.4118.5118.7135.2134.7131.7125.8133.6
EBIT   [+]138.5148.390.1-54.5-135.4102.9-15.3-127.9
            EBIT margin  4.4%4.9%3.2%-2.1%-4.4%3.2%-0.5%-4.6%
Interest expense, net   [+]36.746.956.249.445.748.350.177.2
Other income (expense), net   [+]-2.40.4-0.41.85.619.328.4-21.7
Pre-tax income  99.4101.933.5-102.2-175.573.9-37.0-226.8
Income taxes  36.527.1-13.9-44.5-48.926.8-33.0-93.2
            Tax rate  36.7%26.6% 43.6%27.9%36.2%89.3%41.1%
Earnings from continuing ops  62.974.846.9-57.4-126.647.1-3.9-133.6
Earnings from discontinued ops    0.5-0.3-32.2-4.9188.2321.4
Net income  62.974.847.4-57.7-158.843.953.722.3
            Net margin  2.0%2.5%1.7%-2.2%-5.2%1.4%1.9%0.8%
   
Basic EPS   [+]$0.42$0.48$0.30($0.40)($0.92)$0.34($0.03)($0.97)
Diluted EPS   [+]$0.36$0.37$0.30($0.40)($0.92)$0.31($0.03)($0.97)
   
Dividends per share   [+]$0.00$0.00$0.00$0.01$0.01$0.05$8.06$0.01
   
Shares outstanding (basic)   [+]149.7155.1154.3143.2138.4140.4135.9138.3
Shares outstanding (diluted)   [+]173.7200.2158.4143.2138.4153.5135.9138.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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