Exhibit 99.3
RadioShack Corporation and Subsidiaries | ||||||||||||||||
Consolidated Statements of Income (unaudited) | ||||||||||||||||
Year Ended December 31, | ||||||||||||||||
(In millions, except per share amounts) | 2010 | 2009 | 2008 | 2007 | ||||||||||||
Net sales and operating revenues | $ | 4,265.8 | $ | 4,073.6 | $ | 4,034.8 | $ | 4,075.4 | ||||||||
Cost of products sold | 2,352.1 | 2,200.5 | 2,202.8 | 2,140.5 | ||||||||||||
Gross profit | 1,913.7 | 1,873.1 | 1,832.0 | 1,934.9 | ||||||||||||
Operating expenses: | ||||||||||||||||
Selling, general and administrative | 1,483.8 | 1,435.0 | 1,435.1 | 1,468.0 | ||||||||||||
Depreciation and amortization | 75.7 | 81.1 | 83.0 | 97.8 | ||||||||||||
Impairment of long-lived assets | 4.0 | 1.5 | 2.8 | 2.7 | ||||||||||||
Total operating expenses | 1,563.5 | 1,517.6 | 1,520.9 | 1,568.5 | ||||||||||||
Operating income | 350.2 | 355.5 | 311.1 | 366.4 | ||||||||||||
Interest income | 2.6 | 4.8 | 14.6 | 22.6 | ||||||||||||
Interest expense | (41.9 | ) | (44.1 | ) | (34.9 | ) | (38.8 | ) | ||||||||
Other (loss) income | 0.0 | (1.6 | ) | (2.4 | ) | 0.9 | ||||||||||
Income from continuing operations before income taxes | 310.9 | 314.6 | 288.4 | 351.1 | ||||||||||||
Income tax expense | 120.2 | 118.1 | 105.2 | 123.8 | ||||||||||||
Income from continuing operations | 190.7 | 196.5 | 183.2 | 227.3 | ||||||||||||
Discontinued operations, net of income taxes | 15.4 | 8.5 | 6.2 | 9.5 | ||||||||||||
Net income | $ | 206.1 | $ | 205.0 | $ | 189.4 | $ | 236.8 | ||||||||
Basic net income per share: | ||||||||||||||||
Income per share from continuing operations | $ | 1.58 | 1.57 | 1.42 | 1.69 | |||||||||||
Income per share from discontinued operations | 0.13 | 0.06 | 0.05 | 0.07 | ||||||||||||
Net income per share (basic) | $ | 1.71 | $ | 1.63 | $ | 1.47 | $ | 1.76 | ||||||||
Diluted net income per share: | ||||||||||||||||
Income per share from continuing operations | $ | 1.55 | 1.56 | 1.42 | 1.67 | |||||||||||
Income per share from discontinued operations | 0.13 | 0.07 | 0.05 | 0.07 | ||||||||||||
Net income per share (diluted) | $ | 1.68 | $ | 1.63 | $ | 1.47 | $ | 1.74 | ||||||||
Shares used in computing net income per share: | ||||||||||||||||
Basic | 120.5 | 125.4 | 129.0 | 134.6 | ||||||||||||
Diluted | 122.7 | 126.1 | 129.1 | 135.9 |
1
Exhibit 99.3
RadioShack Corporation | |||||||||||||||
Schedule of Comparable Store Sales Gains and Losses (-) | |||||||||||||||
Continuing Operations Compared to As Reported | |||||||||||||||
Calendar 2009 | Calendar 2010 | Calendar 2011 | |||||||||||||
Continuing | As | Continuing | As | Continuing | As | ||||||||||
Ops | Reported | Ops | Reported | Ops | Reported | ||||||||||
Q1 | 5.0% | 5.0% | 3.9% | 4.7% | -0.5% | -0.6% | |||||||||
Q2 | -4.6% | -4.0% | 5.9% | 6.7% | |||||||||||
Q3 | -3.9% | -2.9% | 6.4% | 6.2% | |||||||||||
Q4 | 5.7% | 6.1% | 1.2% | 1.3% | |||||||||||
Year | 0.8% | 1.3% | 4.1% | 4.4% | |||||||||||
2
[Missing