What is the answer to undersranding financial statements 11th ed.case 3.3

CHAPTER 3 Income Statement and Statement of Stockholders' Equity 150 Case 3.3 Logitech International are from the Logitech International S.A. Form 10-K LOGITECH INTERNATIONAL S.A. CONSOLIDATED STATEMENTS OF OPER4 Year ended March 31, (In thousands, except per share amounts) 2013 2012 2011 2,099,883 $2,316,203 $232% Net sales Cost of goods sold Gross profit Operating expenses: 1.392,58,539614 1,52 707,302 431,598 423,854 420 Marketing and selling 153,922 162331 156 113,824 Research and development General and administrative 118423 1168 Impairment of goodwill and other assets 216,688 43,704 959,736 Restructuring charges 704,608 71,981 2,674 16,622 91,277 693 850 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 907 2316 3,476 (253,725) S (228,137) 71458 1284 $(1.44) 0.41 0.7 19,819 19.988 Basic Shares used to compute net income (loss) per share s (1.44) 041 $ 072 Basic 158,468 158,468 174,648 175591 176 178 Cash dividends per share s 0.85 Item 1. Business Company Overview Logitech is a world leader in products that connect people to the digital expeinmen they care about Spanning multiple computing, communication and entedudts that platforms, we develop and market innovative hardware and software pr enable or enhance digital navigation, music and video entertainment, ga networking, and audio and video communication over the Internet. ming Logitech was founded in Switzerland in 1981, and Logitech Internatontional sA been the parent holding company of Logitech since 1988. Logitech Inte