|
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
|
3 Months Ended |
|
Apr. 30, 2011
|
May 01, 2010
|
| Net revenue: |
 |
 |
| Product sales |
$ 563,399 |
$ 514,055 |
| Net royalties |
28,845 |
25,286 |
| Total revenue |
592,244 |
539,341 |
| Cost of product sales |
343,024 |
304,090 |
| Gross profit |
249,220 |
235,251 |
| Selling, general and administrative expenses |
178,287 |
158,105 |
| Pension curtailment expense |
 |
5,819 |
| Earnings from operations |
70,933 |
71,327 |
| Other (expense) income: |
 |
 |
| Interest expense |
(405) |
(195) |
| Interest income |
1,295 |
301 |
| Other (expense) income, net |
(10,002) |
3,428 |
| Total other (expense) income |
(9,112) |
3,534 |
| Earnings before income tax expense |
61,821 |
74,861 |
| Income tax expense |
18,237 |
23,207 |
| Net earnings |
43,584 |
51,654 |
| Net earnings attributable to noncontrolling interests |
902 |
1,319 |
| Net earnings attributable to Guess?, Inc. |
$ 42,682 |
$ 50,335 |
| Earnings per common share attributable to common stockholders (Note 2): |
 |
 |
| Basic (in dollars per share) |
$ 0.46 |
$ 0.54 |
| Diluted (in dollars per share) |
$ 0.46 |
$ 0.54 |
| Weighted average common shares outstanding attributable to common stockholders (Note 2): |
 |
 |
| Basic (in shares) |
91,629 |
91,902 |
| Diluted (in shares) |
92,171 |
92,768 |
| Dividends declared per common share (in dollars per share) |
$ 0.20 |
$ 0.16 |