EXHIBIT 1

Financial Summary for Vera Bradley, Inc., Fiscal 2011-Fiscal 2015 (dollar amounts in thousands, except per share and store data)

	Fiscal Year Ended
	January 31, 2015	February 1, 2014	February 2, 2013	January 28, 2012	January 29, 2011
Consolidated statement of income data
Net revenues	$ 508,990	$ 536,021	$ 541,148	$ 460,843	$ 366,057
Cost of sales	239,981	240,589	232,867	203,220	156,910
Gross profit	269,009	295,432	308,281	257,623	209,147
Selling, general, and administrative expenses	208,675	205,957	204,412	169,427	163,053
Other income	3,736	4,776	6,277	7,975	7,225
Operating income	64,070	94,251	110,146	96,171	53,319
Interest expense, net	407	382	679	1,147	1,625
Income before income taxes	63,663	93,869	109,467	95,024	51,694
Income tax expense	22,828	35,057	40,597	37,103	5,496
Net income	$ 38,449	$ 58,812	$ 68,870	$ 57,921	$ 46,198
Basic weighted-average shares outstanding	40,568	40,599	40,536	40,507	36,813
Diluted weighted-average shares outstanding	40,632	40,648	40,571	40,542	36,851
Basic net income per share	$0.95	$1.45	$1.70	$1.43	$1.25
Diluted net income per share	$0.95	$1.45	$1.70	$1.43	$1.25
Net revenues by segment
Direct	$ 335,602	$ 326,217	$ 292,564	$ 225,287	$ 151,118
Indirect	173,388	209,804	248,584	235,556	214,939
Total	$ 508,990	$ 536,021	$ 541,148	$ 460,843	$ 366,057
Store data
Total stores open at end of year	125	99	76	56	39
Comparable-store sales (decrease) increase	(7.6)%	(1.3)%	9.8%	24.9%	34.8%
Total gross square footage at end of year	278,779	207,096	156,310	113,504	74,426
Average net revenues per gross square foot	$ 760	$887	$1,083	$1,042	$851
Consolidated balance sheet data
Cash and cash equivalents	$ 112,292	$ 59,215	$ 9,603	$ 4,922	$ 13,953
Working capital	204,648	186,543	145,641	106,234	91,919
Total assets	377,284	332,927	277,319	219,513	206,039
Long-term debt, including current portion			15,095	25,184	67,017
Shareholders equity	284,471	255,147	194,255	124,007	64,322

EXHIBIT 2

Vera Bradley, Inc.s Balance Sheets, Fiscal 2014Fiscal 2015 (in thousands)

	Fiscal Year Ended
	January 31, 2015	February 1, 2014
Assets
Current assets:
Cash and cash equivalents	$112,292	$ 59,215
Accounts receivable, net	31,374	27,718
Inventories	98,403	136,923
Prepaid expenses and other current assets	9,100	9,952
Deferred income taxes	13,320	13,094
Total current assets	267,697	246,902
Property, plant, and equipment, net	109,003	84,940
Other assets	584	1,085
Total assets	$377,284	$332,927
Liabilities and shareholders equity
Current liabilities:
Accounts payable	$32,906	$ 27,745
Accrued employment costs	14,595	10,586
Other accrued liabilities	15,548	20,403
Income taxes payable		1,625
Total current liabilities	63,049	60,359
Long-term debt
Deferred income taxes	5,297	4,643
Other long-term liabilities	24,467	12,778
Total liabilities	92,813	77,780
Commitments and contingencies
Shareholders equity:
Preferred stock; 5,000 shares authorized, no shares issued or outstanding
Common stock; without par value; 200,000 shares authorized, 40,695 and 40,607 shares issued and outstanding, respectively
Additional paid-in capital	80,992	78,153
Retained earnings	216,451	178,002
Accumulated other comprehensive loss	(15)	(1,008)
Treasury stock	(12,957)
Total shareholders equity	284,471	255,147
Total liabilities and shareholders equity	$277,284	$332,927

Question: Calcualte profability ratios & liquidity ratios and prepare an analysis of Vera Bradleys financial situation.