Item 6. SELECTED CONSOLIDATED FINANCIAL DATA

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Item 6. SELECTED CONSOLIDATED FINANCIAL DATA

The selected consolidated financial data set forth below is derived from our consolidated financial statements and should be read in conjunction with our consolidated financial statements for the years ended February 1, 2015, February 2, 2014, February 3, 2013, January 29, 2012 and January 30, 2011. The consolidated statement of operations and comprehensive income data for each of the years ended February 1, 2015, February 2, 2014 and February 3, 2013 and the consolidated balance sheet data as of February 1, 2015 and February 2, 2014 is 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 1, 2015			February 2, 2014			February 3, 2013			January 29, 2012		January 30, 2011
	(In thousands, except per share data)
Consolidated statement of operations and comprehensive income data:
Net revenue	$	1,797,213		$	1,591,188		$	1,370,358		$	1,000,839	$	711,704
Cost of goods sold	883,033			751,112			607,532			431,488		316,757
Gross profit	914,180			840,076			762,826			569,351		394,947
Operating expenses:
Selling, general and administrative expenses	538,147			448,718			386,387			282,393		212,784
Provision for impairment and lease exit costs	—			—			—			—		1,772
Income from operations	376,033			391,358			376,439			286,958		180,391
Other income (expense), net	7,102			5,768			4,957			2,500		2,886
Income before provision for income taxes	383,135			397,126			381,396			289,458		183,277
Provision for income taxes	144,102			117,579			109,965			104,494		61,080
Net income	239,033			279,547			271,431			184,964		122,197
Net income attributable to non-controlling interest	—			—			875			901		350
Net income attributable to lululemon athletica inc.	$	239,033		$	279,547		$	270,556		$	184,063	$	121,847

Other comprehensive (loss) income:
Foreign currency translation adjustment	(105,339		)	(89,158		)	(459		)	1,220		14,462
Comprehensive income	$	133,694		$	190,389		$	270,097		$	185,283	$	136,309

Basic earnings per share	$	1.66		$	1.93		$	1.88		$	1.29	$	0.86
Diluted earnings per share	$	1.66		$	1.91		$	1.85		$	1.27	$	0.85
Basic weighted-average number of shares outstanding	143,935			144,913			144,000			143,196		141,720
Diluted weighted-average number of shares outstanding	144,298			146,043			145,806			145,278		143,858



	As of
	February 1, 2015		February 2, 2014		February 3, 2013		January 29, 2012		January 30, 2011
	(In thousands)
Consolidated balance sheet data:
Cash and cash equivalents	$	664,479	$	698,649	$	590,179	$	409,437	$	316,286
Total assets	1,296,213		1,252,388		1,052,678		736,034		499,302
Total stockholders' equity	1,089,568		1,096,682		887,299		606,181		394,293
Non-controlling interest	—		—		—		4,805		3,904

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