1. How much cash and cash equivalents does the company report at the end of the current year?
	(in thousands)
Where can this information be found?
2. What was the change in accounts receivable and how did it affect net cash provided by operating activities for the current year?
3. Which types of customers account for most of the company's accounts receivable?
Did bad debts expense increase or decrease between 2011 and 2012? (Dollars in thousands.)
Bad debt expense
From:		in 2011
To:		in 2012
How did you know?
4. Where does the company disclose its revenue recognition policy?
When does the company record revenues for the sale of gift cards?

The accompanying notes are an integral part of these consolidated financial statements URBAN OUTFITTERS, INC. Consolidated Statements of Income (in thousands, except share and per share data) Fiscal Year Ended January 31 2011 2012 2010 Net sales Cost of sales, including certain buying, distribution and S 2,473,801 2,274,102 S 1,937,815 1,613,265 860,536 575,811 284,725 5,120 553 1,337,482 936,620 522,417 414,203 4,669 486 1,151,670 786,145 447,161 338,984 6,290 463 (1,331) 344,406 124,513 S 219,893 cy costs Gross profit Selling, general and administrative expenses Income from operations Interest income Other income Other expenses (2,150) Income before income taxes Net income Basic 288,831 103,580 $185,251 417,208 144,250 S 272,958 Income tax expense Net income per common share 1.20 1.19 1.64 1.60 1.31 1.28 Diluted Weighted average common shares outstanding Basic Diluted 154,025,589 156,191,289 166,896,322 170,333,550 168,053,502 171,230,245