LOGITECH INTERNATIONAL S.A. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) Year ended March 31, 2013 2012 2011 $ 2,099,883 1,392,581 707,302 $2,316,203 1,539,614 776,589 $ 2,362,886 1,526,380 836,506 423,854 162,331 118,423 420,580 156,390 116,880 Net sales Cost of goods sold Gross profit Operating expenses Marketing and selling Research and development General and administrative Impairment of goodwill and other assets Restructuring charges Total operating expenses Operating income (loss) Interest income, net Other income (expense), net Income (loss) before income taxes Provision for (benefit from) income taxes Net income (loss) Net income (loss) per share: Basic Diluted I Shares used to compute net income (loss) per share Basic Diluted Cash dividends per share 431,598 153,922 113,824 216,688 43,704 959,736 (252,434) 907 (2.198) (253,725) (25,588) (228.137 704,608 71,981 2,674 16,622 91,277 19,819 71 458 693,850 142,656 2,316 3,476 148,448 19,988 128,460 (1.44) (1.44) S S 0.41 0.41 S $ $ 0.73 0.72 158,468 158,468 0.85 174,648 175,591 176,928 178,790 Content Grades Activities Communication Tools YouSeeU-Virtual Classroom Campus Resources Help Mor Qulr List Summary Summary - Chapter 3 Appendix Homework Description Case 3.3. Logitech International S.A. - Pages 150 - 153 in your text. Using the Consolidated Statements of Operations and the excerpts from the Logitech Internaional S.A., Form 10-K analyze the profitability of Logitech. Your analysis should include the following calculations for all three years: (a) Common-size income statements (b) Effective tax rates (c) Growth rates of sales and total operating costs