Consolidated Income Statements for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) 2018 2019 Net sales (total revenue) $3,616,014 $3,950,623 Cost of sales 2,440,507 2,603,911 Selling, general, and administrative. 915,615 965,399 Operating income $259,892 $381,313 Other income (expense).. Other expenses. (4,840) (6,325) Interest income and other, net Income before income taxes.. Provision for income taxes 6,314 10,565 261,366 385,553 153,103 87,550 Net income. $108,263 $298,003 Basic earnings per share $ 0.97 $ 2.75 Diluted earnings per share $ 0.96 $ 2.72 Consolidated Balance Sheets for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) January 31, January 31, Assets Current Assets Cash and cash equivalents Short-term investments 2018 2019 $ 282,220 $ 358,260 165,125 279,232 Receivables, net... 76,962 80,461 Merchandise inventories 351,395 370,507 Prepaid expenses and other current assets. 103,055 114,296 Total current assets.... 978,757 1,202,756 Net property and equipment.. 813,768 796,029 160,255 161,730 Deferred income taxes and Other assets Total assets....... Liabilities and Shareholders' Equity Current Liabilities Accounts payable Accrued salaries and benefits... Accrued expenses and Other current liabilities.. Total current liabilities... Long-term debt Deferred rent and other liabilities $1,952,780 $2,160,515 $ 128,246 $144,414 36,058 195.910 360,214 $ 386,644 54,799 187,431 о ° 284,773 291,663 671,417 651,877 Total liabilities Commitments and Contingencies Equity Preferred stock $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding Common stock $.0001 par value; 200,000,000 shares authorized; 105,642,283 and 108,248,568 shares issued and outstanding Additional paid-in capital Retained earnings... Total stockholders' equity Total Liabilities and Equity $ 11 11 0 $ 684 1,489,087 1,300,208 1,489,098 1,300,90 $2,160,515 $1,952,780
Consolidated Income Statements for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) 2018 2019 Net sales (total revenue) $3,616,014 $3,950,623 Cost of sales 2,440,507 2,603,911 Selling, general, and administrative. 915,615 965,399 Operating income $259,892 $381,313 Other income (expense).. Other expenses. (4,840) (6,325) Interest income and other, net Income before income taxes.. Provision for income taxes 6,314 10,565 261,366 385,553 153,103 87,550 Net income. $108,263 $298,003 Basic earnings per share $ 0.97 $ 2.75 Diluted earnings per share $ 0.96 $ 2.72 Consolidated Balance Sheets for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) January 31, January 31, Assets Current Assets Cash and cash equivalents Short-term investments 2018 2019 $ 282,220 $ 358,260 165,125 279,232 Receivables, net... 76,962 80,461 Merchandise inventories 351,395 370,507 Prepaid expenses and other current assets. 103,055 114,296 Total current assets.... 978,757 1,202,756 Net property and equipment.. 813,768 796,029 160,255 161,730 Deferred income taxes and Other assets Total assets....... Liabilities and Shareholders' Equity Current Liabilities Accounts payable Accrued salaries and benefits... Accrued expenses and Other current liabilities.. Total current liabilities... Long-term debt Deferred rent and other liabilities $1,952,780 $2,160,515 $ 128,246 $144,414 36,058 195.910 360,214 $ 386,644 54,799 187,431 о ° 284,773 291,663 671,417 651,877 Total liabilities Commitments and Contingencies Equity Preferred stock $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding Common stock $.0001 par value; 200,000,000 shares authorized; 105,642,283 and 108,248,568 shares issued and outstanding Additional paid-in capital Retained earnings... Total stockholders' equity Total Liabilities and Equity $ 11 11 0 $ 684 1,489,087 1,300,208 1,489,098 1,300,90 $2,160,515 $1,952,780
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
100%
Calculate the Debt to Equity ratio for Urban Outfitters for both 2018 and 2019. Be sure to round your answer to 2 decimal place.
Transcribed Image Text:Consolidated Income Statements for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data)
2018
2019
Net sales (total revenue)
$3,616,014 $3,950,623
Cost of sales
2,440,507 2,603,911
Selling, general, and administrative.
915,615
965,399
Operating income
$259,892 $381,313
Other income (expense)..
Other expenses.
(4,840)
(6,325)
Interest income and other, net
Income before income taxes..
Provision for income taxes
6,314
10,565
261,366
385,553
153,103
87,550
Net income.
$108,263
$298,003
Basic earnings per share
$
0.97
$
2.75
Diluted earnings per share
$
0.96
$ 2.72
Transcribed Image Text:Consolidated Balance Sheets for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data)
January 31, January 31,
Assets
Current Assets
Cash and cash equivalents
Short-term investments
2018
2019
$ 282,220 $ 358,260
165,125
279,232
Receivables, net...
76,962
80,461
Merchandise inventories
351,395
370,507
Prepaid expenses and other current assets.
103,055
114,296
Total current assets....
978,757
1,202,756
Net property and equipment..
813,768
796,029
160,255
161,730
Deferred income taxes and Other assets
Total assets.......
Liabilities and Shareholders' Equity
Current Liabilities
Accounts payable
Accrued salaries and benefits...
Accrued expenses and Other current liabilities..
Total current liabilities...
Long-term debt
Deferred rent and other liabilities
$1,952,780 $2,160,515
$ 128,246 $144,414
36,058
195.910
360,214 $ 386,644
54,799
187,431
о
°
284,773
291,663
671,417
651,877
Total liabilities
Commitments and Contingencies
Equity
Preferred stock $.0001 par value; 10,000,000 shares
authorized; no shares issued and outstanding
Common stock $.0001 par value; 200,000,000 shares
authorized; 105,642,283 and 108,248,568 shares issued
and outstanding
Additional paid-in capital
Retained earnings...
Total stockholders' equity
Total Liabilities and Equity
$
11
11
0 $
684
1,489,087 1,300,208
1,489,098 1,300,90
$2,160,515 $1,952,780
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