HBI » Topics » Net Income

This excerpt taken from the HBI 10-Q filed Aug 1, 2008.
Net Income
 
                                 
    Six Months Ended        
    June 28,
  June 30,
  Higher
  Percent
    2008   2007   (Lower)   Change
    (dollars in thousands)
 
Net income
  $ 93,368     $ 37,438     $ 55,930       149.4 %
 
Net income for the six months of 2008 was higher than 2007 primarily due to higher gross profit from cost reduction efforts, lower restructuring charges, lower interest expense and a lower effective income tax rate.
 
This excerpt taken from the HBI 10-Q filed May 7, 2008.
Net Income
 
                                 
    Quarter Ended        
    March 29,
  March 31,
  Higher
  Percent
    2008   2007   (Lower)   Change
    (dollars in thousands)
 
Net income
  $  36,024     $    12,004     $  24,020       200.1 %
 
Net income for the first quarter of 2008 was higher than 2007 primarily due to lower restructuring charges, lower interest expense, higher gross profit and a lower effective income tax rate.
 
These excerpts taken from the HBI 10-K filed Feb 19, 2008.
Net Income
 
                                 
    Year Ended
    Year Ended
             
    July 1,
    July 2,
    Higher
    Percent
 
    2006     2005     (Lower)     Change  
    (dollars in thousands)  
 
Net income
  $ 322,493     $ 218,509     $ 103,984       47.6 %
 
Net income in 2006 was higher than in 2005 as a result of the items discussed above.
 
Net
Income



 

































































































                                 

 

 

Year Ended



 

 

Year Ended



 

 

 

 

 

 

 

 

 

July 1,



 

 

July 2,



 

 

Higher



 

 

Percent



 

 

 

2006

 

 

2005

 

 

(Lower)

 

 

Change

 

 

 

(dollars in thousands)

 
 


Net income


 

$

322,493

 

 

$

218,509

 

 

$

103,984

 

 

 

47.6

%






 



Net income in 2006 was higher than in 2005 as a result of the
items discussed above.


 




This excerpt taken from the HBI 10-Q filed Nov 5, 2007.
Net Income
 
                                 
    Nine Months Ended        
    September 29,
  September 30,
  Higher
  Percent
    2007   2006   (Lower)   Change
    (dollars in thousands)
 
Net income
  $ 76,334     $ 184,222     $ (107,888 )     (58.6 )%
 
Net income for the nine month period of 2007 was lower than the same nine month period in 2006 primarily due to higher interest expense and a higher effective income tax rate as a result of our independent structure, as well as higher restructuring and related charges. These higher expenses were partially offset by lower selling, general and administrative expenses.


37


Table of Contents

This excerpt taken from the HBI 10-Q filed Aug 3, 2007.
Net Income
 
                                 
    Six Months Ended     Higher
    Percent
 
    June 30, 2007     July 1, 2006     (Lower)     Change  
          (dollars in thousands)        
 
Net income
  $ 37,438     $ 133,877     $ (96,439 )     (72.0 )%
 
Net income for the six month period of 2007 was lower than the same six month period in 2006 primarily due to higher interest expense and a higher effective income tax rate as a result of our independent structure, as well as higher restructuring and related charges.
 
This excerpt taken from the HBI 10-Q filed May 14, 2007.
Net Income
 
                                 
    Quarter Ended
  Quarter Ended
  Better
  Percent
    March 31, 2007   April 1, 2006   (Worse)   Change
    (dollars in thousands)
 
Net income
  $ 12,004     $ 74,592       (62,588 )     (83.9 )%
 
Net income for the first quarter of 2007 was lower than the same quarter of 2006 as a result of higher interest expense, lower operating profit and a higher effective rate of income taxes.
 
This excerpt taken from the HBI 8-K filed Nov 29, 2006.
Net Income
 
                                 
                Dollar
    Percent
 
    Fiscal 2004     Fiscal 2005     Change     Change  
    (dollars in thousands)        
 
Net income
  $ 449,552     $ 218,509     $ (231,043 )     (51.4 )%
 
Net income in fiscal 2005 was lower than in fiscal 2004 as a result of the decline in operating profit and the increase in income tax expense, as discussed above.


12


 

This excerpt taken from the HBI 10-Q filed Nov 13, 2006.
Net Income
 
                                 
    Quarter Ended
    Quarter Ended
    Dollar
    Percent
 
    September 30, 2006     October 1, 2005     Change     Change  
    (dollars in thousands)  
 
Net income
  $ 50,345     $ 82,604     $ (32,259 )     (39.1 )%
 
Net income for the quarter ended September 30, 2006 was lower than for the quarter ended October 1, 2005 as a result of the items discussed above.


25


Table of Contents

This excerpt taken from the HBI 10-K filed Sep 28, 2006.
Net Income
 
                                 
                Dollar
    Percent
 
    Fiscal 2004     Fiscal 2005     Change     Change  
    (dollars in thousands)        
 
Net income
  $ 449,552     $ 218,509     $ (231,043 )     (51.4 )%
 
Net income in fiscal 2005 was lower than in fiscal 2004 as a result of the decline in income from operations and the increase in income tax expense, as discussed above.


40


Table of Contents

This excerpt taken from the HBI 8-K filed Sep 5, 2006.

Net Income

 

     Fiscal 2003    Fiscal 2004    Dollar
Change
   Percent
Change
 
     (dollars in thousands)       

Net income

   $ 428,440    $ 449,552    $ 21,112    4.9 %

Net income in fiscal 2004 was higher than in fiscal 2003 primarily as a result of the income tax benefit offset to a large extent by lower operating income as discussed above.

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