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Income Statement
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Academy Sports & Outdoors, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJan-29-22Jan-30-21Feb-01-20Feb-02-19Feb-03-18
   10-K10-K10-K8-KS-1/A
Revenues  6,773.15,689.24,829.9 4,835.6
            Revenue growth  19.1%17.8%   
Cost of goods sold  4,422.03,955.23,398.7 3,436.6
Gross profit  2,351.11,734.01,431.2 1,399.0
            Gross margin  34.7%30.5%29.6% 28.9%
Selling, general and administrative  1,443.11,313.61,251.7 1,241.6
Adjusted EBITDA  1,052.5557.5304.6  
            Adjusted EBITDA margin  15.5%9.8%6.3%  
Stock-based compensation  39.331.67.94.6 
EBITDA   [+]1,013.2525.9296.7  
            EBITDA margin  15.0%9.2%6.1% 3.3%
Depreciation and amortization  105.3105.5117.3  
EBIT   [+]907.9420.4179.4 157.3
            EBIT margin  13.4%7.4%3.7% 3.3%
Interest expense  49.086.5101.3 104.9
Other income (expense), net   [+]0.65.244.7 8.8
Pre-tax income  859.5339.1122.9 61.3
Income taxes  188.230.42.8 2.8
            Tax rate  21.9%9.0%2.3% 4.5%
Net income  671.4308.8120.0 58.5
            Net margin  9.9%5.4%2.5% 1.2%
   
Basic EPS   [+]$7.38$3.96$1.66  
Diluted EPS   [+]$7.12$3.79$1.60  
   
   
Shares outstanding (basic)   [+]91.078.072.5  
Shares outstanding (diluted)   [+]94.381.474.8  
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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