Attached files

file filename
8-K - FORM 8-K - PVH CORP. /DE/d447021d8k.htm
EX-23.1 - CONSENT OF DELOITTE & TOUCHE LLP - PVH CORP. /DE/d447021dex231.htm
EX-99.1 - UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - PVH CORP. /DE/d447021dex991.htm

Exhibit 99.4

The following table sets forth consolidated comprehensive income statement for the periods indicated. This data, which is unaudited, should be read in conjunction with, and is qualified in its entirety by reference to, the consolidated financial statements and accompanying notes included in Item 15. “Exhibits, Financial Statement Schedules” of Warnaco’s Annual Report on Form 10-K for the year ended December 31, 2011. Warnaco adopted ASU No. 2011-05, Presentation of Comprehensive Income, on January 1, 2012. The implementation of this update did not cause any material changes to Warnaco’s consolidated financial statements, other than the presentation of the consolidated statements of comprehensive income. The following consolidated comprehensive income statement for the years ended December 31, 2011, January 1, 2011 and January 2, 2010 is unaudited and is provided below to comply with the retrospective application requirement of ASU No. 2011-05.

Consolidated Statements of Comprehensive Income

 

(In thousands)    Year Ended  
     December 31,
2011
    January 1,
2011
    January 2,
2010
 
     (unaudited)  

Net Income

   $ 127,193      $ 138,581      $ 98,498   

Other comprehensive (loss) income, net of tax:

      

Foreign currency translation adjustments

     (27,453     (2,576     35,573   

Change in postretirement plans

     (200     (41     (1,029

Change in cash flow hedges

     (2,090     (820     (699

Other

     110        12        16   
  

 

 

   

 

 

   

 

 

 

Other comprehensive (loss) income, net of tax:

     (29,633     (3,425     33,861   
  

 

 

   

 

 

   

 

 

 

Total comprehensive income

     97,560        135,156        132,359   

Less: comprehensive (loss) attributable to redeemable non-controlling interest

     (3,084     —          —     

Less: comprehensive income attributable to non-controlling interest

     —          —          2,729   
  

 

 

   

 

 

   

 

 

 

Total comprehensive income attributable to Warnaco

   $ 100,644      $ 135,156      $ 129,630