Item 6. SELECTED CONSOLIDATED FINANCIAL DATA

5K characters. Original on sec.gov · Markdown

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 January 31, 2016, February 1, 2015, February 2, 2014, February 3, 2013 and January 29, 2012. The consolidated statement of operations and comprehensive income data for each of the years ended January 31, 2016, February 1, 2015 and February 2, 2014 and the consolidated balance sheet data as of January 31, 2016 and February 1, 2015 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
	January 31, 2016			February 1, 2015			February 2, 2014			February 3, 2013			January 29, 2012
	(In thousands, except per share data)
Consolidated statement of operations and comprehensive income data:
Net revenue	$	2,060,523		$	1,797,213		$	1,591,188		$	1,370,358		$	1,000,839
Cost of goods sold	1,063,357			883,033			751,112			607,532			431,488
Gross profit	997,166			914,180			840,076			762,826			569,351
Selling, general and administrative expenses	628,090			538,147			448,718			386,387			282,393
Income from operations	369,076			376,033			391,358			376,439			286,958
Other (expense) income, net	(581		)	7,102			5,768			4,957			2,500
Income before income tax expense	368,495			383,135			397,126			381,396			289,458
Income tax expense	102,448			144,102			117,579			109,965			104,494
Net income	266,047			239,033			279,547			271,431			184,964
Net income attributable to non-controlling interest	—			—			—			875			901
Net income attributable to lululemon athletica inc.	$	266,047		$	239,033		$	279,547		$	270,556		$	184,063

Other comprehensive (loss) income:
Foreign currency translation adjustment	(64,796		)	(105,339		)	(89,158		)	(459		)	1,220
Comprehensive income	$	201,251		$	133,694		$	190,389		$	270,097		$	185,283

Basic earnings per share	$	1.90		$	1.66		$	1.93		$	1.88		$	1.29
Diluted earnings per share	$	1.89		$	1.66		$	1.91		$	1.85		$	1.27
Basic weighted-average number of shares outstanding	140,365			143,935			144,913			144,000			143,196
Diluted weighted-average number of shares outstanding	140,610			144,298			146,043			145,806			145,278



	As of
	January 31, 2016		February 1, 2015		February 2, 2014		February 3, 2013		January 29, 2012
	(In thousands)
Consolidated balance sheet data:
Cash and cash equivalents	$	501,482	$	664,479	$	698,649	$	590,179	$	409,437
Total assets	1,314,077		1,296,213		1,252,388		1,052,678		736,034
Total stockholders' equity	1,027,482		1,089,568		1,096,682		887,299		606,181
Non-controlling interest	—		—		—		—		4,805

Previous: Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES · Next: Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS