Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - QUIKSILVER INC | d836885dex991.htm |
| EX-99.2 - EX-99.2 - QUIKSILVER INC | d836885dex992.htm |
| 8-K - FORM 8-K - QUIKSILVER INC | d836885d8k.htm |
Exhibit 99.3
QUIKSILVER, INC. AND SUBSIDIARIES
FISCAL 2014 CONSOLIDATED STATEMENTS OF CONTINUING OPERATIONS BY QUARTER (UNAUDITED)
| In thousands, except per share amounts | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | 2014 YTD | |||||||||||||||
| Revenues, net |
$ | 392,612 | $ | 397,121 | $ | 380,016 | $ | 400,650 | $ | 1,570,399 | ||||||||||
| Cost of goods sold |
192,776 | 202,767 | 198,316 | 213,699 | 807,558 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Gross profit |
199,836 | 194,354 | 181,700 | 186,951 | 762,841 | |||||||||||||||
| Selling, general and administrative expense |
203,784 | 207,922 | 205,373 | 210,102 | 827,181 | |||||||||||||||
| Asset impairments |
883 | 4,584 | 178,377 | 5,287 | 189,131 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Operating loss |
(4,831 | ) | (18,152 | ) | (202,050 | ) | (28,438 | ) | (253,471 | ) | ||||||||||
| Interest expense |
19,420 | 19,222 | 18,717 | 18,632 | 75,991 | |||||||||||||||
| Foreign currency loss/(gain) |
2,828 | 887 | (2,329 | ) | 1,272 | 2,658 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Loss before (benefit)/provision for income taxes |
(27,079 | ) | (38,261 | ) | (218,438 | ) | (48,342 | ) | (332,120 | ) | ||||||||||
| (Benefit)/Provision for income taxes |
(4,385 | ) | (444 | ) | (636 | ) | 1,140 | (4,325 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Net loss from continuing operations |
(22,694 | ) | (37,817 | ) | (217,802 | ) | (49,482 | ) | (327,795 | ) | ||||||||||
| Less net loss attributable to non-controlling interest |
361 | — | — | — | 361 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Net loss attributable to Quiksilver, Inc. |
$ | (22,333 | ) | $ | (37,817 | ) | $ | (217,802 | ) | $ | (49,482 | ) | $ | (327,434 | ) | |||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Net loss per share attributable to Quiksilver, Inc., basic and diluted: |
$ | (0.13 | ) | $ | (0.22 | ) | $ | (1.28 | ) | $ | (0.29 | ) | $ | (1.92 | ) | |||||
| Weighted average common shares outstanding, basic and diluted: |
169,747 | 170,475 | 170,794 | 170,990 | 170,492 | |||||||||||||||
Note:
All amounts above exclude the operations of Surfdome as though it was a discontinued operation for all periods presented.