XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 29, 2017
Oct. 30, 2016
Oct. 29, 2017
Oct. 30, 2016
Income Statement [Abstract]        
Net sales $ 2,220.2 [1] $ 2,123.4 [1] $ 6,058.7 $ 5,786.5
Royalty revenue 105.8 [1] 93.9 [1] 274.5 240.9
Advertising and other revenue 31.0 [1] 27.0 [1] 82.7 68.0
Total revenue 2,357.0 [1] 2,244.3 [1] 6,415.9 6,095.4
Cost of goods sold (exclusive of depreciation and amortization) 1,059.7 1,052.7 2,890.5 2,863.1
Gross profit 1,297.3 1,191.6 3,525.4 3,232.3
Selling, general and administrative expenses 1,020.3 918.0 2,956.8 2,657.9
Other noncash (loss) gain, net 0.0 (76.9) 0.0 76.2
Debt modification and extinguishment costs 0.0 0.0 0.0 15.8
Equity in net income of unconsolidated affiliates 3.7 1.2 5.8 0.7
Income before interest and taxes [2] 280.7 197.9 574.4 635.5
Interest expense 32.3 31.2 93.6 90.3
Interest income 1.4 2.0 4.3 4.0
Income before taxes 249.8 168.7 485.1 549.2
Income tax expense 11.1 42.6 56.9 101.0
Net Income 238.7 126.1 428.2 448.2
Less: Net loss attributable to redeemable non-controlling interest (0.5) (0.1) (1.1) (0.1)
Net income attributable to PVH Corp. $ 239.2 $ 126.2 $ 429.3 $ 448.3
Basic net income per common share attributable to PVH Corp. $ 3.09 $ 1.58 $ 5.52 $ 5.56
Diluted net income per common share attributable to PVH Corp. 3.05 1.56 5.45 5.52
Dividends declared per common share $ 0.0375 $ 0.0375 $ 0.1500 $ 0.1500
[1] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Part I, Item 2 of this report for further discussion.
[2] Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Part I, Item 2 of this report for further discussion.