a. What type of special item would be Costs on Early Extinguishment of Debt? b. Does it
Question:
a. What type of "special item" would be Costs on Early Extinguishment of Debt?
b. Does it appear that there is a 100% ownership in all consolidated subsidiaries? Comment.
c. What type of year-end is being used?
Transcribed Image Text:
PERRY ELLIS INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (in Part) FOR THE YEARS ENDED JANUARY 31, (Amounts in thousands, except per share d ata) 2007 2006 2005 Revenues $633,774 807 656,581 448,531 208,0s0 $807,616 $827,504 Net sales Royalty income 829,842 554,046 275,796 Total revenues Cost of sales Gross proft Operating expenses 849,414 586,900 262,514 204,883 11,608 216,491 59,305 Selling, general and administrative expenses 195,236 9,557 204,793 57,721 153,282 6.557 Depreciation and amortization Total operating expense 159,839 48,211 Operating income Costs on early extinguishment of debt Interest expense Income before 2,963 14,575 minority interest and income 35,228 508 12,311 $ 22,409 35,791 470 12.639 $ 22,682 33,636 467 tax provision Minority interest Income tax provision Net income 20,962
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Related Book For
Financial Reporting & Analysis Using Financial Accounting Information
ISBN: 978-0324657425
11th edition
Authors: Charles H. Gibson
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