2013 Form 10-K Financial Statement

#000119312513142309 Filed on April 04, 2013

View on sec.gov

Income Statement

Concept 2013 2012 Q1 2012
Revenue $4.043B $1.268B $3.721B
YoY Change 8.65% 6.08% 6.19%
Cost Of Revenue $2.450B $744.9M $2.261B
YoY Change 8.38% 7.93% 6.14%
Gross Profit $1.592B $523.3M $1.460B
YoY Change 9.08% 3.56% 6.26%
Gross Profit Margin 39.39% 41.26% 39.23%
Selling, General & Admin $1.183B $320.6M $1.078B
YoY Change 9.76% 0.91% 2.63%
% of Gross Profit 74.31% 61.27% 73.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $134.5M $31.80M $130.6M
YoY Change 2.99% -11.91% -9.73%
% of Gross Profit 8.44% 6.08% 8.94%
Operating Expenses $1.183B $320.5M $1.078B
YoY Change 9.76% 0.88% 2.63%
Operating Profit $409.2M $197.2M $381.7M
YoY Change 7.19% 7.41% 18.03%
Interest Expense $800.0K $200.0K $100.0K
YoY Change 700.0% -125.0%
% of Operating Profit 0.2% 0.1% 0.03%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $401.5M $197.4M $367.6M
YoY Change 9.23% 7.52% 19.34%
Income Tax $153.2M $74.80M $144.9M
% Of Pretax Income 38.16% 37.89% 39.42%
Net Earnings $256.7M $122.6M $236.9M
YoY Change 8.36% 8.1% 18.33%
Net Earnings / Revenue 6.35% 9.67% 6.37%
Basic Earnings Per Share $2.59 $1.19 $2.27
Diluted Earnings Per Share $2.54 $1.17 $2.22
COMMON SHARES
Basic Shares Outstanding 99.27M shares 104.4M shares
Diluted Shares Outstanding 101.1M shares 106.6M shares

Balance Sheet

Concept 2013 2012 Q1 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments $424.6M $502.8M $502.8M
YoY Change -15.55% -19.99% -19.99%
Cash & Equivalents $424.6M $502.8M $502.8M
Short-Term Investments
Other Short-Term Assets $189.2M $9.229M $174.2M
YoY Change 8.61% -94.38% 6.09%
Inventory $640.0M $553.5M $553.5M
Prepaid Expenses $24.19M
Receivables $63.00M $46.00M $46.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.317B $1.276B $1.276B
YoY Change 3.17% -5.29% -5.28%
LONG-TERM ASSETS
Property, Plant & Equipment $812.0M $734.7M $734.7M
YoY Change 10.52% 0.56% 0.56%
Goodwill $19.30M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $39.90M $37.42M $30.50M
YoY Change 30.82% -30.19% -43.1%
Total Long-Term Assets $870.9M $784.5M $784.4M
YoY Change 11.03% 0.04% 0.03%
TOTAL ASSETS
Total Short-Term Assets $1.317B $1.276B $1.276B
Total Long-Term Assets $870.9M $784.5M $784.4M
Total Assets $2.188B $2.061B $2.061B
YoY Change 6.16% -3.33% -3.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $259.2M $218.3M $218.3M
YoY Change 18.74% -4.24% -4.25%
Accrued Expenses $120.6M $111.8M $111.8M
YoY Change 7.87% -8.68% -8.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.700M $1.800M $1.800M
YoY Change -5.56% 20.0% 20.0%
Total Short-Term Liabilities $657.1M $571.8M $571.8M
YoY Change 14.92% -6.52% -6.52%
LONG-TERM LIABILITIES
Long-Term Debt $3.800M $5.500M $5.500M
YoY Change -30.91% -22.54% -22.54%
Other Long-Term Liabilities $217.7M $46.54M $228.3M
YoY Change -4.64% -81.69% -10.15%
Total Long-Term Liabilities $221.5M $46.54M $233.8M
YoY Change -5.26% -82.18% -10.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $657.1M $571.8M $571.8M
Total Long-Term Liabilities $221.5M $46.54M $233.8M
Total Liabilities $878.5M $805.6M $805.6M
YoY Change 9.05% -7.71% -7.71%
SHAREHOLDERS EQUITY
Retained Earnings $762.9M
YoY Change
Common Stock $1.005M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.309B $1.255B $1.255B
YoY Change
Total Liabilities & Shareholders Equity $2.188B $2.061B $2.061B
YoY Change 6.16% -3.33% -3.33%

Cashflow Statement

Concept 2013 2012 Q1 2012
OPERATING ACTIVITIES
Net Income $256.7M $122.6M $236.9M
YoY Change 8.36% 8.1% 18.33%
Depreciation, Depletion And Amortization $134.5M $31.80M $130.6M
YoY Change 2.99% -11.91% -9.73%
Cash From Operating Activities $364.1M $293.2M $291.3M
YoY Change 24.99% -6.48% -18.16%
INVESTING ACTIVITIES
Capital Expenditures $205.4M -$28.10M $130.4M
YoY Change 57.58% 81.29% 110.57%
Acquisitions $0.00 $25.36M
YoY Change -100.0%
Other Investing Activities $203.0K -$25.40M -$232.0K
YoY Change -187.5% 8366.67% -158.0%
Cash From Investing Activities -$206.8M -$53.40M -$157.7M
YoY Change 31.14% 237.97% 146.43%
FINANCING ACTIVITIES
Cash Dividend Paid $87.85M $68.88M
YoY Change 27.54% 16.42%
Common Stock Issuance & Retirement, Net $155.1M $194.4M
YoY Change -20.24% 55.54%
Debt Paid & Issued, Net $1.796M $1.626M
YoY Change 10.46% 2.46%
Cash From Financing Activities -236.4M -116.2M -259.0M
YoY Change -8.72% 95.29% 45.27%
NET CHANGE
Cash From Operating Activities 364.1M 293.2M 291.3M
Cash From Investing Activities -206.8M -53.40M -157.7M
Cash From Financing Activities -236.4M -116.2M -259.0M
Net Change In Cash -79.13M 123.6M -125.4M
YoY Change -36.9% -48.11% -210.32%
FREE CASH FLOW
Cash From Operating Activities $364.1M $293.2M $291.3M
Capital Expenditures $205.4M -$28.10M $130.4M
Free Cash Flow $158.7M $321.3M $161.0M
YoY Change -1.4% -2.34% -45.26%

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WILLIAMS SONOMA INC
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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Customer Deposits</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Customer deposits are primarily comprised of unredeemed gift cards and merchandise credits and deferred revenue related to undelivered merchandise. We maintain a liability for unredeemed gift cards and merchandise credits until the earlier of redemption, escheatment or four years as we have concluded that the likelihood of our gift cards being redeemed beyond four years from the date of issuance is remote.</font></p> </div>
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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Sales Returns Reserve</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Our customers may return purchased items for an exchange or refund. We record a reserve for estimated product returns, net of cost of goods sold, based on historical return trends together with current product sales performance. A summary of activity in our sales returns reserve is as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="64%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Dollars in thousands</i></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">Fiscal&#xA0;2012</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"><i>1</i></sup></font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Times New Roman" size="2">(53 Weeks)</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">Fiscal&#xA0;2011</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"><i>1</i></sup></font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Times New Roman" size="2">(52 Weeks)</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">Fiscal&#xA0;2010</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"><i>1</i></sup></font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Times New Roman" size="2">(52 Weeks)</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font><br /> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></p> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Balance at beginning of year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">14,151</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,502</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11,839</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Provision for sales returns</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">270,156</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">245,815</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">221,289</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Actual sales returns</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(269,910</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(244,166</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(220,626</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Balance at end of year</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">14,397</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">14,151</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,502</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 4px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">1</sup>&#xA0;</font></i></font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i><font style="FONT-FAMILY: Times New Roman" size="1">Amounts are shown net of cost of goods sold.</font></i></font></p> </td> </tr> </table> </div>
CY2013 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
535000
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
31042000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
257773000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
162255000
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-405000
CY2013 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6071000
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DepreciationDepletionAndAmortization
134453000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
31042000
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009 pure
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.54
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2188000
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1323000
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38.84
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182000
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DeferredFederalIncomeTaxExpenseBenefit
-7827000
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505566 shares
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
171000
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CommonStockDividendsPerShareDeclared
0.88
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155080000
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27230000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
8414000
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2917000
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CurrentFederalTaxExpenseBenefit
136742000
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1785000 shares
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EffectiveIncomeTaxRateContinuingOperations
0.374 pure
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14637000
CY2013 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Foreign Countries
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166600000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1043000
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
88452000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
409956000
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.59
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NetCashProvidedByUsedInFinancingActivities
-236445000
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OperatingLeasesRentExpenseContingentRentals
35634000
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
39.14
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
364127000
CY2013 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Fiscal Year</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Our fiscal year ends on the Sunday closest to January&#xA0;31, based on a 52 or 53-week year. Fiscal 2012, a 53-week year, ended on February&#xA0;3, 2013; fiscal 2011, a 52-week year, ended on January&#xA0;29, 2012; and fiscal 2010, a 52-week year, ended on January&#xA0;30, 2011.</font></p> </div>
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-206815000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
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-1202000
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16962000
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28.95
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.033 pure
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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205404000
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CashAndCashEquivalentsPeriodIncreaseDecrease
-78202000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12204000
CY2013 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
0
CY2013 us-gaap Advertising Expense
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318338000
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0 shares
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101051000 shares
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4042870000
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155080000
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3962034 shares
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
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5517000
CY2013 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.50 pure
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18637000
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12683000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
401542000
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99266000 shares
CY2013 us-gaap Proceeds From Insurance Settlement Investing Activities
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115000
CY2013 us-gaap Increase Decrease In Inventories
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85981000
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22072000
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197465000
CY2013 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
18637000
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
200 shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y11M12D
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3441000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
131440000
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
385000
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2317000
CY2013 us-gaap Gross Profit
GrossProfit
1592476000
CY2013 us-gaap Interest Paid
InterestPaid
1651000
CY2013 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
16408000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9029000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
936000
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1313000 shares
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2013 us-gaap Net Income Loss
NetIncomeLoss
256730000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
12683000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9147000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1183313000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
153226000
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
931000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1069000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
256730000
CY2013 us-gaap Use Of Estimates
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CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
87847000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
256730000
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
19352000
CY2013 wsm Cost Of Goods Sold And Occupancy Expenses
CostOfGoodsSoldAndOccupancyExpenses
2450394000
CY2013 wsm Asset Impairment And Early Lease Termination Charges
AssetImpairmentAndEarlyLeaseTerminationCharges
6071000
CY2013 wsm Increases Decreases In Prepaid Advertising
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2937000
CY2013 wsm Net Interest Income And Expense
NetInterestIncomeAndExpense
-793000
CY2013 wsm Share Based Compensation Arrangement By Share Based Payment Award Options Vested Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedPercentage
1.00 pure
CY2013 wsm Increases Decreases In Deferred Rent And Lease Incentive Liability
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18803000
CY2013 wsm Amortization Lease Incentives
AmortizationLeaseIncentives
26694000
CY2013 wsm Tax Benefit From Exercise Of Share Based Awards
TaxBenefitFromExerciseOfShareBasedAwards
12725000
CY2013 wsm Number Of Direct Mail Catalogs
NumberOfDirectMailCatalogs
8 Catalog
CY2013 wsm Number Of Ecommerce Websites
NumberOfEcommerceWebsites
7 Website
CY2013 wsm Deferred Lease Incentive Income
DeferredLeaseIncentiveIncome
26694000
CY2013 wsm Defined Contribution Plan Employers Matching Contribution Vesting Percentage During First Five Years Of Employment
DefinedContributionPlanEmployersMatchingContributionVestingPercentageDuringFirstFiveYearsOfEmployment
0.20 pure
CY2013 wsm Defined Contribution Plan Maximum Deferral Contribution Subject To Match
DefinedContributionPlanMaximumDeferralContributionSubjectToMatch
0.06 pure
CY2013 wsm Maximum Optional Renewal Period Under Operating Leases Years
MaximumOptionalRenewalPeriodUnderOperatingLeasesYears
20 Y
CY2013 wsm Number Of Retail Store Concepts
NumberOfRetailStoreConcepts
5 Store
CY2013 wsm Operating Leases Rental Expense
OperatingLeasesRentalExpense
189060000
CY2013 wsm Percentage Change In Inventory Reserves That Would Not Have Material Effect On Net Income
PercentageChangeInInventoryReservesThatWouldNotHaveMaterialEffectOnNetIncome
0.10 pure
CY2013 wsm Period Of Recognition For Gift Cards Gift Certificates And Merchandise Credits
PeriodOfRecognitionForGiftCardsGiftCertificatesAndMerchandiseCredits
4 Y
CY2013 wsm Prepaid Catalog Expenses Amortization Period Maximum
PrepaidCatalogExpensesAmortizationPeriodMaximum
Nine
CY2013 wsm Prepaid Catalog Expenses Amortization Period Minimum
PrepaidCatalogExpensesAmortizationPeriodMinimum
Six
CY2013 wsm Rent Expense Before Deferred Lease Incentive Income
RentExpenseBeforeDeferredLeaseIncentiveIncome
224694000
CY2013 wsm Revenue Recognition Sales Returns Reserve For Sales Returns Net Of Cost Of Goods Sold
RevenueRecognitionSalesReturnsReserveForSalesReturnsNetOfCostOfGoodsSold
270156000
CY2013 wsm Sales Returns Goods Net Of Cost Of Goods Sold
SalesReturnsGoodsNetOfCostOfGoodsSold
269910000
CY2013 wsm Year Of Service Required To Be Completed Before Eligible To Receive Company Matching Contributions
YearOfServiceRequiredToBeCompletedBeforeEligibleToReceiveCompanyMatchingContributions
1 Y
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
197203000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1268144000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
CY2012Q1 us-gaap Gross Profit
GrossProfit
523289000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
122586000
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
51700000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
770825000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2011Q2 us-gaap Gross Profit
GrossProfit
295883000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
31615000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
49323000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
817614000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2012Q2 us-gaap Gross Profit
GrossProfit
309266000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
30716000
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
64085000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
814750000
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2011Q3 us-gaap Gross Profit
GrossProfit
308721000
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
39309000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
70103000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
874283000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2012Q3 us-gaap Gross Profit
GrossProfit
334480000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
43380000
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
68744000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
867176000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2011Q4 us-gaap Gross Profit
GrossProfit
331963000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
43421000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
79296000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
944554000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
CY2012Q4 us-gaap Gross Profit
GrossProfit
367998000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
48900000
us-gaap Operating Income Loss
OperatingIncomeLoss
210441000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
us-gaap Sales Revenue Net
SalesRevenueNet
1406419000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.22
us-gaap Gross Profit
GrossProfit
580732000
us-gaap Net Income Loss
NetIncomeLoss
133734000

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