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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales$ 488,129$ 465,007$ 1,469,982$ 1,413,378
Cost of goods sold, buying and occupancy343,876330,4981,024,064995,540
Gross profit144,253134,509445,918417,838
Selling, general and administrative expenses143,683132,111422,922391,649
Operating income5702,39822,99626,189
Interest expense(40,907)(36,386)(120,200)(108,083)
Interest income3761202285
Loss before income taxes(40,300)(33,927)(97,002)(81,609)
Income tax benefit(12,917)(10,877)(32,216)(27,434)
Net loss(27,383)(23,050)(64,786)(54,175)
GUITAR CENTER, INC
    
Net sales488,129465,0071,469,9821,413,378
Cost of goods sold, buying and occupancy343,876330,4981,024,064995,540
Gross profit144,253134,509445,918417,838
Selling, general and administrative expenses143,683132,111422,644391,649
Operating income5702,39823,27426,189
Interest expense(20,914)(17,704)(60,222)(53,465)
Interest income3761202285
Loss before income taxes(20,307)(15,245)(36,746)(26,991)
Income tax benefit(6,548)(5,031)(12,361)(9,191)
Net loss$ (13,759)$ (10,214)$ (24,385)$ (17,800)