URBAN OUTFITTERS, INC. Consolidated Statements of Income (in thousands, except share and per share data) Fiscal Year Ended January 31, 2019 2018 2017 3,616,014 2,440,507 1,175,507 Net sales 3,950,623 3,545,794 Cost of sales 2,603,911 1,346,712 2,301,181 1,244,613 Gross pro fit Selling, general and administrative expenses Income from operations 965,399 381,313 9,530 1,035 915,615 259,892 906,086 338,527 1,879 2,280 Interest income 4,879 1,435 Other income Other expenses (6,325) 385,553 (4,840) 261,366 153,103 (4,587) 338,099 Income before income taxes Income tax expense 87,550 298,003 119,979 218,120 Net income 108,263 Net income per common share: Basic 2.75 0.97 1.87 Diluted 2.72 0.96 1.86 Weighted-average common shares outstanding: Basic 108,303,594 111,887,308 116,873,023 Diluted 109,706,007 112,367,924 117,291,117 All All January 31І, 2019 January 31І, 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 80,461 370,507 114,296 1,202,756 796,029 282,220 165,125 76,962 351,395 103,055 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets Total current assets 978,757 813,768 58,688 Property and equipment, net Marketable secur 57,292 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets $ LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 2$ 128,246 144,414 54,799 187,431 36,058 195,910 360,214 Total current liabilities 386,644 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders' Equity Total Liabilities and Shareholders' Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780 $
URBAN OUTFITTERS, INC. Consolidated Statements of Income (in thousands, except share and per share data) Fiscal Year Ended January 31, 2019 2018 2017 3,616,014 2,440,507 1,175,507 Net sales 3,950,623 3,545,794 Cost of sales 2,603,911 1,346,712 2,301,181 1,244,613 Gross pro fit Selling, general and administrative expenses Income from operations 965,399 381,313 9,530 1,035 915,615 259,892 906,086 338,527 1,879 2,280 Interest income 4,879 1,435 Other income Other expenses (6,325) 385,553 (4,840) 261,366 153,103 (4,587) 338,099 Income before income taxes Income tax expense 87,550 298,003 119,979 218,120 Net income 108,263 Net income per common share: Basic 2.75 0.97 1.87 Diluted 2.72 0.96 1.86 Weighted-average common shares outstanding: Basic 108,303,594 111,887,308 116,873,023 Diluted 109,706,007 112,367,924 117,291,117 All All January 31І, 2019 January 31І, 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 80,461 370,507 114,296 1,202,756 796,029 282,220 165,125 76,962 351,395 103,055 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets Total current assets 978,757 813,768 58,688 Property and equipment, net Marketable secur 57,292 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets $ LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 2$ 128,246 144,414 54,799 187,431 36,058 195,910 360,214 Total current liabilities 386,644 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders' Equity Total Liabilities and Shareholders' Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780 $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Practice Pack
Find earnings per share 2019
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Includes step-by-step video
Trending now
This is a popular solution!
Learn your way
Includes step-by-step video
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education