Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - JONES GROUP INC | july27_2011.htm |
| EX-99 - EXHIBIT 99.1 PRESS RELEASE - JONES GROUP INC | july27ex99_1.htm |
| EX-99 - EXHIBIT 99.2 POWERPOINT SLIDE PRESENTATION - JONES GROUP INC | july27ex99_2.htm |
EXHIBIT 99.3
REVISED SEGMENT REVENUE/OPERATING INCOME (LOSS) TABLES
All financial information presented in these tables is preliminary based upon management's present view and is unaudited.
Revised Segment Revenue/Operating Income (Loss) tables for the years 2010,
2009 and 2008
(Unaudited)
| (In millions) | Domestic Wholesale Sportswear | Domestic Wholesale Jeanswear | Domestic Wholesale Footwear & Accessories | Domestic Retail |
International Wholesale | International Retail | Licensing, Other & Eliminations | Consolidated | |||||||||||||||||
| For the year ended December 31, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 965.2 | $ | 819.9 | $ | 841.5 | $ | 651.2 | $ | 269.6 | $ | 47.0 | $ | 48.3 | $ | 3,642.7 | |||||||||
| Segment income (loss) | $ | 80.4 | $ | 72.3 | $ | 53.7 | $ | (45.5 | ) | $ | 25.8 | $ | 6.7 | $ | (48.5 | ) | 144.9 | ||||||||
| Net interest expense | (58.9 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (0.9 | ) | |||||||||||||||||||||||
| Income from continuing operations before provision for income taxes | $ | 85.1 | |||||||||||||||||||||||
| Depreciation and amortization | $ | 17.9 | $ | 1.2 | $ | 18.6 | $ | 17.4 | $ | 1.2 | $ | 1.3 | $ | 56.3 | $ | 113.9 | |||||||||
| For the year ended December 31, 2009 | |||||||||||||||||||||||||
| Revenues | $ | 892.6 | $ | 815.2 | $ | 697.4 | $ | 648.1 | $ | 186.1 | $ | 41.2 | $ | 46.8 | $ | 3,327.4 | |||||||||
| Segment income (loss) | $ | 73.3 | $ | 65.6 | $ | 51.1 | $ | (74.9 | ) | $ | (1.8 | ) | $ | 3.2 | $ | (8.0 | ) | 108.5 | |||||||
| Net interest expense | (52.8 | ) | |||||||||||||||||||||||
| Goodwill impairment | (120.6 | ) | |||||||||||||||||||||||
| Loss and costs associated with repurchase of 4.250% Senior Notes | (1.5 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (3.7 | ) | |||||||||||||||||||||||
| Loss from continuing operations before benefit for income taxes | $ | (70.1 | ) | ||||||||||||||||||||||
| Depreciation and amortization | $ | 12.5 | $ | 1.3 | $ | 7.9 | $ | 20.7 | $ | 1.2 | $ | 0.7 | $ | 47.4 | $ | 91.7 | |||||||||
| For the year ended December 13, 2008 | |||||||||||||||||||||||||
| Revenues | $ | 1,058.6 | $ | 778.9 | $ | 751.4 | $ | 691.9 | $ | 244.6 | $ | 38.3 | $ | 52.7 | $ | 3,616.4 | |||||||||
| Segment income (loss) | $ | 62.2 | $ | 20.6 | $ | 34.0 | $ | (56.7 | ) | $ | 28.1 | $ | (0.9 | ) | $ | (5.7 | ) | 81.6 | |||||||
| Net interest expense | (41.6 | ) | |||||||||||||||||||||||
| Goodwill impairment | (813.2 | ) | |||||||||||||||||||||||
| Gain on sale of Mexican operations and interest in Australian joint venture | 1.0 | ||||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (0.7 | ) | |||||||||||||||||||||||
| Loss from continuing operations before benefit for income taxes | $ | (772.9 | ) | ||||||||||||||||||||||
| Depreciation and amortization | $ | 5.9 | $ | 4.2 | $ | 8.7 | $ | 25.4 | $ | 1.5 | $ | 0.8 | $ | 46.6 | $ | 93.1 | |||||||||
| Total Assets | |||||||||||||||||||||||||
| December 31, 2010 | $ | 771.5 | $ | 661.5 | $ | 873.0 | $ | 217.9 | $ | 156.2 | $ | 13.6 | $ | (361.3 | ) | $ | 2,332.4 | ||||||||
| December 31, 2009 | 709.9 | 554.7 | 372.8 | 189.1 | 125.6 | 5.0 | 67.9 | 2,025.0 | |||||||||||||||||
| December 31, 2008 | 1,042.7 | 712.7 | 303.2 | 117.0 | 123.5 | 10.2 | 118.2 | 2,427.5 | |||||||||||||||||
Revised Segment Revenue/Operating Income (Loss) tables for the interim
periods of 2010
(Unaudited)
| (In millions) | Domestic Wholesale Sportswear | Domestic Wholesale Jeanswear | Domestic Wholesale Footwear & Accessories | Domestic Retail | International Wholesale | International Retail | Licensing, Other & Eliminations | Consolidated | |||||||||||||||||
| For the fiscal quarter ended April 3, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 272.0 | $ | 221.5 | $ | 197.6 | $ | 134.3 | $ | 43.3 | $ | 7.6 | $ | 11.0 | $ | 887.3 | |||||||||
| Segment income (loss) | $ | 44.0 | $ | 36.3 | $ | 21.1 | $ | (20.9 | ) | $ | 2.1 | $ | (0.8 | ) | $ | (5.5 | ) | 76.3 | |||||||
| Net interest expense | (12.0 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (1.8 | ) | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 62.5 | |||||||||||||||||||||||
| For the fiscal quarter ended July 3, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 219.6 | $ | 189.3 | $ | 193.6 | $ | 165.0 | $ | 69.3 | $ | 12.5 | $ | 10.3 | $ | 859.6 | |||||||||
| Segment income | $ | 21.1 | $ | 13.2 | $ | 12.9 | $ | 1.1 | $ | 7.2 | $ | 3.1 | $ | (3.3 | ) | 55.3 | |||||||||
| Net interest expense | (14.3 | ) | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 41.0 | |||||||||||||||||||||||
| For the fiscal six months ended July 3, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 491.6 | $ | 410.8 | $ | 391.2 | $ | 299.3 | $ | 112.6 | $ | 20.1 | $ | 21.3 | $ | 1,746.9 | |||||||||
| Segment income (loss) | $ | 65.1 | $ | 49.5 | $ | 34.0 | $ | (19.8 | ) | $ | 9.3 | $ | 2.3 | $ | (8.8 | ) | 131.6 | ||||||||
| Net interest expense | (26.3 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (1.8 | ) | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 103.5 | |||||||||||||||||||||||
| For the fiscal quarter ended October 2, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 273.2 | $ | 229.9 | $ | 251.2 | $ | 159.6 | $ | 83.6 | $ | 12.5 | $ | 12.0 | $ | 1,022.0 | |||||||||
| Segment income (loss) | $ | 25.6 | $ | 21.1 | $ | 22.5 | $ | (20.9 | ) | $ | 11.1 | $ | 2.4 | $ | (1.7 | ) | 60.1 | ||||||||
| Net interest expense | (14.2 | ) | |||||||||||||||||||||||
| Equity in income of unconsolidated affiliate | 0.5 | ||||||||||||||||||||||||
| Income before provision for income taxes | $ | 46.4 | |||||||||||||||||||||||
| For the fiscal nine months ended October 2, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 764.8 | $ | 640.7 | $ | 642.4 | $ | 458.9 | $ | 196.2 | $ | 32.6 | $ | 33.3 | $ | 2,768.9 | |||||||||
| Segment income (loss) | $ | 90.7 | $ | 70.6 | $ | 56.5 | $ | (40.7 | ) | $ | 20.4 | $ | 4.7 | $ | (10.5 | ) | 191.7 | ||||||||
| Net interest expense | (40.5 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (1.3 | ) | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 149.9 | |||||||||||||||||||||||
| For the fiscal quarter ended December 31, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 200.4 | $ | 179.2 | $ | 199.1 | $ | 192.3 | $ | 73.4 | $ | 14.4 | $ | 15.0 | $ | 873.8 | |||||||||
| Segment (loss) income | $ | (10.3 | ) | $ | 1.7 | $ | (2.8 | ) | $ | (4.8 | ) | $ | 5.4 | $ | 2.0 | $ | (38.0 | ) | (46.8 | ) | |||||
| Net interest expense | (18.4 | ) | |||||||||||||||||||||||
| Equity in income of unconsolidated affiliate | 0.4 | ||||||||||||||||||||||||
| Loss before benefit for income taxes | $ | (64.8 | ) | ||||||||||||||||||||||
| For the year ended December 13, 2010 | |||||||||||||||||||||||||
| Revenues | $ | 965.2 | $ | 819.9 | $ | 841.5 | $ | 651.2 | $ | 269.6 | $ | 47.0 | $ | 48.3 | $ | 3,642.7 | |||||||||
| Segment income (loss) | $ | 80.4 | $ | 72.3 | $ | 53.7 | $ | (45.5 | ) | $ | 25.8 | $ | 6.7 | $ | (48.5 | ) | 144.9 | ||||||||
| Net interest expense | (58.9 | ) | |||||||||||||||||||||||
| Equity in loss of unconsolidated affiliate | (0.9 | ) | |||||||||||||||||||||||
| Income before provision for income taxes | $ | 85.1 | |||||||||||||||||||||||
Revised Segment Revenue/Operating Income (Loss) tables for the first
fiscal quarter of 2011
(Unaudited)
| (In millions) | Domestic Wholesale Sportswear | Domestic Wholesale Jeanswear | Domestic Wholesale Footwear & Accessories | Domestic Retail | International Wholesale | International Retail | Licensing, Other & Eliminations | Consolidated | |||||||||||||||||
| For the fiscal quarter ended April 2, 2011 | |||||||||||||||||||||||||
| Revenues | $ | 268.7 | $ | 235.5 | $ | 220.6 | $ | 135.1 | $ | 79.1 | $ | 10.2 | $ | 12.1 | $ | 961.3 | |||||||||
| Segment income (loss) | $ | 30.8 | $ | 28.0 | $ | 18.1 | $ | (22.9 | ) | $ | 9.3 | $ | (1.7 | ) | $ | (0.4 | ) | 61.2 | |||||||
| Net interest expense | (21.1 | ) | |||||||||||||||||||||||
| Equity in income of unconsolidated affiliate | 1.3 | ||||||||||||||||||||||||
| Income before provision for income taxes | $ | 41.4 | |||||||||||||||||||||||