Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Tables)

12 Months Ended

Jan. 28, 2012


	2011								2010
	First		Second		Third		Fourth		First		Second		Third		Fourth
Net sales	$	386,006	$	394,567	$	413,067	$	582,511	$	320,196	$	321,804	$	339,179	$	473,659
Cost of sales		251,101		260,280		263,884		384,046		215,661		217,846		220,273		316,973

Gross profit		134,905		134,287		149,183		198,465		104,535		103,958		118,906		156,686
Selling, general and administrative expenses		94,615		90,811		100,997		124,235		80,729		79,909		90,309		107,159
Pre-opening expenses		1,230		3,816		3,958		983		474		1,793		4,305		523

Operating income		39,060		39,660		44,228		73,247		23,332		22,256		24,292		49,004
Interest expense		173		147		176		91		118		214		244		179

Income before income taxes		38,887		39,513		44,052		73,156		23,214		22,042		24,048		48,825
Income tax expense		15,591		15,608		17,284		26,861		9,553		8,980		9,845		18,721

Net income	$	23,296	$	23,905	$	26,768	$	46,295	$	13,661	$	13,062	$	14,203	$	30,104

Net income per common share:
Basic	$	0.38	$	0.39	$	0.44	$	0.75	$	0.23	$	0.22	$	0.24	$	0.50
Diluted	$	0.37	$	0.38	$	0.42	$	0.73	$	0.23	$	0.22	$	0.23	$	0.49