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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net sales $ 528,151 $ 502,800
Cost of goods sold, buying and occupancy 364,575 346,685
Gross profit 163,576 156,115
Selling, general and administrative expenses 138,052 135,485
Operating income 25,524 20,630
Interest expense (41,191) (38,526)
Interest income 18 104
Income (loss) before income taxes (15,649) (17,792)
Income tax expense 561 (6,341)
Net income (loss) (16,210) (11,451)
Other comprehensive income, net of income tax expense of $28 and $7, respectively 54 12
Comprehensive income (loss) (16,156) (11,439)
GUITAR CENTER, INC.
   
Net sales 528,151 502,800
Cost of goods sold, buying and occupancy 364,575 346,685
Gross profit 163,576 156,115
Selling, general and administrative expenses 138,052 135,207
Operating income 25,524 20,908
Interest expense (21,197) (18,534)
Interest income 18 104
Income (loss) before income taxes 4,345 2,478
Income tax expense 1,798 706
Net income (loss) 2,547 1,772
Other comprehensive income, net of income tax expense of $28 and $7, respectively 54 12
Comprehensive income (loss) $ 2,601 $ 1,784