Michaels Companies, Inc.

Delisted

CIK 1593936fmd_05BV2R2GEGEVYPSM7V0HWEH38MRetail Trade · Retail-Hobby, Toy & Game ShopsTemplate: Standard

Coverage: Jan 29, 2012 to Jan 30, 2021, 33 periods

Income Statement · Annual · Millions · USD
Line item	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021
Total revenues	–	–	–	–	5,197	5,362	5,272	5,072	5,271
Cost of revenue	–	–	–	–	–	3,233	3,248	3,200	3,315
Gross profit	1,765	1,822	1,901	1,968	2,028	2,129	2,024	1,872	1,956
Selling, general and administrative	1,132	1,193	1,234	1,243	1,308	1,390	1,351	1,304	1,391
Gain on sale of real estate	–	–	–	–	–	–	–	–	0
Operating income	592	610	627	721	715	735	564	515	534
Interest expense	245	214	198	139	126	129	147	154	152
Interest and investment income	–	0	0	1	1	–	–	–	–
Other non-operating income (expense)	1	(2)	(3)	(1)	0	(1)	2	(1)	2
Income before taxes	315	379	351	572	582	606	417	358	361
Income tax expense	115	136	134	209	204	215	98	86	66
Net income from continuing operations	200	243	217	363	378	390	320	273	295
Net income	–	243	217	363	378	390	320	273	295
Net income to common shareholders	200	243	217	361	376	389	319	272	295