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HBI » Topics » Condensed Consolidated Statements of Income (in thousands, except per share amounts) (unaudited)

This excerpt taken from the HBI 10-Q filed May 11, 2009.
Condensed Consolidated Statements of Income
(in thousands, except per share amounts)
(unaudited)
 
                 
    Quarter Ended  
    April 4,
 		    March 29,
 		 
    2009     2008  
 
Net sales
  $ 857,841     $ 987,847  
Cost of sales
    599,965       642,883  
                 
Gross profit
    257,876       344,964  
Selling, general and administrative expenses
    223,238       254,612  
Restructuring
    18,671       2,558  
                 
Operating profit
    15,967       87,794  
Other expenses
    3,946       —  
Interest expense, net
    36,800       40,394  
                 
Income (loss) before income tax expense (benefit)
    (24,779 )     47,400  
Income tax expense (benefit)
    (5,451 )     11,376  
                 
Net income (loss)
  $ (19,328 )   $ 36,024  
                 
Earnings (loss) per share:
               
Basic
  $ (0.20 )   $ 0.38  
Diluted
  $ (0.20 )   $ 0.38  
Weighted average shares outstanding:
               
Basic
    94,493       94,344  
Diluted
    94,493       95,610  
 
See accompanying notes to Condensed Consolidated Financial Statements.


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