XML 15 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Revenues        
Product sales $ 138,231 $ 164,660 $ 282,510 $ 313,675
Repair service agreement commissions (net) 8,589 8,368 16,111 16,429
Service revenues 3,811 4,183 7,700 8,940
Total net sales 150,631 177,211 306,321 339,044
Finance charges and other 33,744 35,905 67,363 71,981
Total revenues 184,375 213,116 373,684 411,025
Cost and expenses        
Cost of goods sold, including warehousing and occupancy costs 105,400 130,217 215,110 244,433
Cost of service parts sold, including warehousing and occupancy cost 1,596 2,116 3,326 4,492
Selling, general and administrative expense 56,251 60,969 112,439 119,301
Costs related to store closings 3,658 0 3,658 0
Provision for bad debts 5,009 10,339 12,530 17,973
Total cost and expenses 171,914 203,641 347,063 386,199
Operating income 12,461 9,475 26,621 24,826
Interest expense, net 7,004 6,729 14,560 12,512
Loss from early extinguishment of debt (11,056) 0 (11,056) 0
Other expense, net 34 12 86 183
Income before income taxes (5,633) 2,734 919 12,131
Provision for income taxes (2,201) 1,127 358 4,731
Net income (loss) $ (3,432) $ 1,607 $ 561 $ 7,400
Earnings per share        
Basic (in dollars per share) $ (0.11) $ 0.06 $ 0.02 $ 0.30
Diluted (in dollars per share) $ (0.11) $ 0.06 $ 0.02 $ 0.30
Average common shares outstanding        
Basic (in shares) 31,808 22,941 31,808 24,936
Diluted (in shares) 31,808 24,945 31,897 24,940