The Wet Seal, Inc. · Foothill Ranch, CA United States
Key The Wet Seal, Inc. Financials
| Company Type | Public - Headquarters |
|---|---|
| Fiscal Year-End | January |
| 2002 Sales (mil.) | $601.9 |
| 2011 Employees | 6,982 |
The Wet Seal, Inc. Income Statement
| Jan 02 | Jan 01 | Jan 00 | |
| Revenue | 601.9 | 580.2 | 524.4 |
| Cost of Goods Sold | 405.2 | 397.0 | 361.2 |
| Gross Profit | 196.7 | 183.2 | 163.2 |
| Gross Profit Margin | 32.7% | 31.6% | 31.1% |
| SG&A Expense | 151.8 | 134.0 | 124.7 |
| Depreciation & Amortization | 20.3 | 22.3 | 18.8 |
| Operating Income | 44.9 | 26.9 | 19.7 |
| Operating Margin | 7.5% | 4.6% | 3.8% |
| Nonoperating Income | 5.1 | -- | 1.2 |
| Nonoperating Expenses | -- | -- | -- |
| Income Before Taxes | 50.0 | -- | -- |
| Income Taxes | 19.0 | 12.2 | 9.7 |
| Net Income After Taxes | 31.0 | (12.2) | (9.7) |
| Continuing Operations | 31.0 | 19.5 | 14.2 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 31.0 | 19.5 | 14.2 |
| Total Net Income | 31.0 | 19.5 | 14.2 |
| Net Profit Margin | 5.2% | 3.4% | 2.7% |
| Diluted EPS from Total Net Income | 1.01 | 0.69 | 0.49 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
The Wet Seal, Inc. Balance Sheet
| Assets | Jan 02 | Jan 01 | Jan 00 |
| Current Assets | |||
| Cash | 34.3 | 30.1 | 44.9 |
| Net Receivables | 4.8 | 2.4 | 3.9 |
| Inventories | 32.0 | 30.1 | 33.3 |
| Other Current Assets | 81.0 | 48.6 | 28.0 |
| Total Current Assets | 152.2 | 111.3 | 110.1 |
| Net Fixed Assets | 93.7 | 71.4 | 76.9 |
| Other Noncurrent Assets | 49.8 | 61.3 | 26.0 |
| Total Assets | 295.7 | 243.9 | 213.0 |
| Liabilities | Jan 02 | Jan 01 | Jan 00 |
| Current Liabilities | |||
| Accounts Payable | 51.9 | 43.7 | 39.4 |
| Short-Term Debt | -- | -- | 1.8 |
| Other Current Liabilities | 23.2 | 23.4 | 21.2 |
| Total Current Liabilities | 75.0 | 67.0 | 62.4 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 13.1 | 13.1 | 12.4 |
| Total Liabilities | 88.1 | 80.1 | 74.8 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 207.6 | 163.8 | 138.2 |
| Total Equity | 207.6 | 163.8 | 138.2 |
| Shares Outstanding (thou.) | 29,910.7 | 100,108.3 | 97,423.8 |
All amounts in millions of US Dollars except per share amounts.
The Wet Seal, Inc. Cash Flow Statement
| Jan 02 | Jan 01 | Jan 00 | |
| Net Operating Cash Flow | 54 | 46 | 29 |
| Net Investing Cash Flow | (62.9) | (63.0) | (16.3) |
| Net Financing Cash Flow | 12.8 | 1.8 | 0.8 |
| Net Change in Cash | 4.2 | (14.8) | 13.3 |
| Depreciation & Amortization | 20.3 | 22.3 | 18.8 |
| Capital Expenditures | (39.0) | (18.1) | (26.8) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.