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 January 29, 2017, January 31, 2016, February 1, 2015, February 2, 2014 and February 3, 2013. The consolidated statement of operations and comprehensive income data for each of the years ended January 29, 2017, January 31, 2016 and February 1, 2015 and the consolidated balance sheet data as of January 29, 2017 and January 31, 2016 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 29, 2017		January 31, 2016			February 1, 2015			February 2, 2014			February 3, 2013
	(In thousands, except per share data)
Consolidated statement of operations and comprehensive income data:
Net revenue	$	2,344,392	$	2,060,523		$	1,797,213		$	1,591,188		$	1,370,358
Cost of goods sold	1,144,775		1,063,357			883,033			751,112			607,532
Gross profit	1,199,617		997,166			914,180			840,076			762,826
Selling, general and administrative expenses	778,465		628,090			538,147			448,718			386,387
Income from operations	421,152		369,076			376,033			391,358			376,439
Other income (expense), net	1,577		(581		)	7,102			5,768			4,957
Income before income tax expense	422,729		368,495			383,135			397,126			381,396
Income tax expense	119,348		102,448			144,102			117,579			109,965
Net income	303,381		266,047			239,033			279,547			271,431
Net income attributable to non-controlling interest	—		—			—			—			875
Net income attributable to lululemon athletica inc.	$	303,381	$	266,047		$	239,033		$	279,547		$	270,556

Other comprehensive income (loss):
Foreign currency translation adjustment	36,703		(64,796		)	(105,339		)	(89,158		)	(459		)
Comprehensive income	$	340,084	$	201,251		$	133,694		$	190,389		$	270,097

Basic earnings per share	$	2.21	$	1.90		$	1.66		$	1.93		$	1.88
Diluted earnings per share	$	2.21	$	1.89		$	1.66		$	1.91		$	1.85
Basic weighted-average number of shares outstanding	137,086		140,365			143,935			144,913			144,000
Diluted weighted-average number of shares outstanding	137,302		140,610			144,298			146,043			145,806



	As of
	January 29, 2017		January 31, 2016		February 1, 2015		February 2, 2014		February 3, 2013
	(In thousands)
Consolidated balance sheet data:
Cash and cash equivalents	$	734,846	$	501,482	$	664,479	$	698,649	$	590,179
Total assets	1,657,541		1,314,077		1,296,213		1,252,388		1,052,678
Total stockholders' equity	1,359,973		1,027,482		1,089,568		1,096,682		887,299

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