prada leather sneakers for men doudoune prada pas cher paris femme france

Posted on by
prada leather sneakers for men measures. We have provided a reconciliation of non GAAP net income per share and adjusted EBITDA to our net income per share and our net income according to GAAP in our press release and on our website.I will now turn the call over to our Chairman and Chief Executive Officer, Morris Goldfarb.Good afternoon, and thank you for joining us. With me today are Sammy Aaron, our Vice Chairman; Wayne Miller, our Chief Operating Officer; Neal Nackman, our Chief Financial Officer; and Jeff Goldfarb, Head of our Business Development.We finished the year with a good fourth quarter. Revenues in the quarter were $375 million, up 28% compared to last year. Adjusted net income per share, which excludes costs associated with our acquisition of Vilebrequin increased to $0.41 from $0.25 per share last year. Diluted earnings per share increased to $0.40.Revenues for the full year were $1.4 billion, up 14% compared to 2011. Adjusted net income per share for the year was $2.92, up 18% from $2.46 in 2011. These numbers represent across the broad strength to the business and the sustained pace of strategic development and diversification.Let me first give you a quick rundown as the major drivers in our business. Outerwear, which is now less than half of the total business, again, for the year and the fourth quarter, finished up in good shape. Sportswear, women's suits, handbags and dresses each had a good season.From a brand perspective, Calvin Klein lead these advances but several brands including Kensie, Eliza J, Guess?, Dockers and Levi's also performed well. I want to call out a very strong performance from our team sports business. Net sales and operating profit for this business were up 30% and 290% respectively. NFL, with our newly expanded license, had one of the best years in recent memory.In Team Sports, we had a strong increase in both outerwear and sportswear. We were pleased to see a quarterly 12% comp store increase at the Wilsons at Wilsons, which contributed to our performance. In the year ahead, we believe with we can continue to create productivity and margin improvement in our Wilsons retail stores.I'd also note that we were pleased to add revenues from Vilebrequin in this