TTM20172016201520142013
Gross margin29.3%29.3%28.1%32.1%38.1%38.4%
Gross margin growth (bps)174125-4013-26-190
Operating margin-1.7%-2.6%-7.2%3.7%0.9%3.5%
Operating margin growth (bps)615459459247-256-282
Net profit margin-4.9%-5.7%-12.0%0.3%-0.8%-0.5%
Net profit margin growth (bps)846631-1,23288-28-344

Notes:The company changed its fiscal year-end in 2014 from the end of March to the end of January; therefore, TTM and fiscal 2015 growth figures are based off the comparable 12-month period ending Jan 31, 2014; fiscal 2014 only includes 10 months of operations, and Q4 2014 only includes 1 month of operations