Item 6. SELECTED CONSOLIDATED FINANCIAL DATA

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Item 6. SELECTED CONSOLIDATED FINANCIAL DATA

The selected consolidated financial data set forth below are derived from our consolidated financial statements and should be read in conjunction with our consolidated financial statements for the years ended February 2, 2014, February 3, 2013, January 29, 2012, January 30, 2011 and January 31, 2010. The consolidated statement of operations and comprehensive income data for each of the years ended February 2, 2014, February 3, 2013 and January 29, 2012 and the consolidated balance sheet data as of February 2, 2014 and February 3, 2013 are derived from, and qualified by reference to, our audited consolidated financial statements and related notes appearing elsewhere in this Annual Report. The consolidated statement of operations and comprehensive income for the year ended February 3, 2013 covers a 53 week period compared to a 52 week period for the other years.



	Fiscal Year Ended
	February 2, 2014			February 3, 2013			January 29, 2012		January 30, 2011		January 31, 2010
	(In thousands, except per share data)
Consolidated statement of operations and comprehensive income data:
Net revenue	$	1,591,188		$	1,370,358		1,000,839		$	711,704	$	452,898
Cost of goods sold	751,112			607,532			431,488		316,757		229,812
Gross profit	840,076			762,826			569,351		394,947		223,086
Operating expenses:
Selling, general and administrative expenses	448,718			386,387			282,393		212,784		136,161
Provision for impairment and lease exit costs	—			—			—		1,772		379
Income from operations	391,358			376,439			286,958		180,391		86,546
Other income (expense), net	5,768			4,957			2,500		2,886		164
Income before provision for income taxes	397,126			381,396			289,458		183,277		86,710
Provision for income taxes	117,579			109,965			104,494		61,080		28,429
Net income	279,547			271,431			184,964		122,197		58,281
Net income attributable to non-controlling interest	—			875			901		350		—
Net income attributable to lululemon athletica inc.	$	279,547		$	270,556		$	184,063	$	121,847	$	58,281
Basic earnings per share	$	1.93		$	1.88		$	1.29	$	0.86	$	0.41
Diluted earnings per share	$	1.91		$	1.85		$	1.27	$	0.85	$	0.41
Basic weighted-average number of shares outstanding	144,913			144,000			143,196		141,720		140,502
Diluted weighted-average number of shares outstanding	146,043			145,806			145,278		143,858		141,898
Other comprehensive (loss) income:
Foreign currency translation adjustment	(89,158		)	(459		)	1,220		14,462		17,018
Comprehensive income	$	190,389		$	270,097		$	185,283	$	136,309	$	75,299



	As of
	February 2, 2014		February 3, 2013		January 29, 2012		January 30, 2011		January 31, 2010
	(In thousands)
Consolidated balance sheet data:
Cash and cash equivalents	$	698,649	$	590,179	$	409,437	$	316,286	$	159,573
Total assets	1,249,688		1,051,078		734,634		499,302		307,258
Total stockholders' equity	1,096,682		887,299		606,181		394,293		233,108
Non-controlling interest	—		—		4,805		3,904		—

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