The net effect of the adjustments on the Consolidated Statements of Income was to increase Net income by $0.1 million and $7.9 million for the years ended January 28, 2012 and January 29, 2011, respectively.
Increase (decrease) in Net income: | 2011 | 2010 | ||||||
Inventory markdowns |
$ | 655 | $ | (707 | ) | |||
Leasehold improvement costs |
1,937 | 2,037 | ||||||
Compensated absences |
(134 | ) | 429 | |||||
Other |
(2,283 | ) | 47 | |||||
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Total adjustments before tax |
175 | 1,806 | ||||||
Income tax expense (benefit) from adjustments |
72 | (6,127 | ) | |||||
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Increase in Net income |
$ | 103 | $ | 7,933 | ||||
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