Branding Identity Editorial / Book Design Design Like You. 2014 2014 Annual Report 2014 Annual Report Next Meeting Come join us, for some Treats! John Cleese played ridiculous authority figures. Gilliam claims that Cleese is the funniest of the Pythons in drag, as he barely needs to be dressed up to look hilarious, with his square chin and 6'5" (196 cm) frame (see the "Mr. and Mrs. Git" sketch). Cleese also played intimidating maniacs, such as an instructor in the "Self Defence Against Fresh Fruit" sketch. His character Mr. Praline, the put-upon consumer, featured in some of the most popular sketches, most famously in "Dead Parrot".[citation needed] One star turn that proved most memorable among Python fans was "The Ministry of Silly Walks", where he worked for the eponymous government department. The sketch features some rather extravagant physical comedy from the notoriously tall and loose-limbed Cleese. Despite its popularity, particularly among American fans, Cleese himself particularly disliked the sketch, feeling that many of the laughs it generated were cheap and that no balance was provided by what could have been the true satirical centrepoint. Another of his trademarks is his over-the-top delivery of abuse, particularly his screaming "You bastard!" Here’s my portfolio, take a look around. Posters Cleese often played foreigners with ridiculous accents, especially Frenchmen, most of the time with Palin. Sometimes this extended to the use of actual French or German (such as "The Funniest Joke in the World", "Hitler in Minehead", or "La Marche Futile" at the end of "The Ministry of Silly Walks"), but still with a very heavy accent (or impossible to understand, as for example Hitler's speech). Initially only hired to be the animator of the series, Gilliam was not thought of (even by himself) as an on-screen performer at first, being American and not very good at the deep and sometimes exaggerated English accent of his fellows. The others felt they owed him something and so he sometimes appeared before the camera, usually in the parts that no one else wanted to play, generally because they required a lot of make-up or involved uncomfortable costumes.[citation needed] The most recurrent of these was The-Knight-Who-Hits-People-With-A-Chicken, a knight in armor who would walk on-set and hit another character on the head with a plucked chicken when they said something really corny. Some of Gilliam's other on-screen portrayals included: A man with a stoat through his head Cardinal Fang in "The Spanish Inquisition" A dandy wearing only a mask, bikini underwear and a cape, in "The Visitors" A hotel clerk in "The Cycling Tour" episode A fat young man covered in beans in "Most Awful Family In Britain" Despite, or, according to Cleese in the DVD commentary for Life of Brian, perhaps because of, an obviously deficient acting ability in comparison to the others, Gilliam soon became distinguished as the go-to member for the most obscenely grotesque characters. This carried Sept. 22, 2016 Westin Hotel Crown Center Monty Python’s Flying Circus (known during the final series as just Monty Python) is a British sketch comedy series commissioned by David Attenborough,[1] created by the comedy group Monty Python and broadcast by the BBC from 1969 to 1974. The shows were composed of surreality, risqué or innuendo-laden humour, sight gags and observational sketches without punchlines. It also featured animations by Terry Gilliam, often sequenced or merged with live action. The first episode was recorded on 7 September and broadcast on 5 October 1969 on BBC One, with 45 episodes airing over four series from 1969 to 1974, plus two episodes for German TV. The name of the highly influential comedy troupe made up of Graham Chapman, John Cleese, Terry Gilliam, Eric Idle, Terry Jones, and Michael Palin was made up by the group when they were commissioned to make their BBC comedy show Monty Python’s Flying Circus. Numerous non-sequitur names were considered before that, including “Owl Stretching Time,” “The Toad Elevating Moment,” “A Horse, a Spoon, and a Basin,” and “Bumwacket, Buzzard, Stubble and Boot.” “Flying Circus” only stuck because the BBC informed the group they had printed their programming schedules with the name already and it couldn’t be changed. When they wanted a name to go before that, John Cleese suggested something slithery like “Python,” while Eric Idle came up with the name “Monty” to suggest a sort of drunken British stereotype. Ward Parkway Center 8600 Ward Parkway, Suite 1015 Kansas City,MO 64114-2616 Tiffany Springs Market Center 9120 NW Skyview Avenue Kansas City,MO 64154 Q95 Plaza 11860 W 95th St Overland Park,KS 66214-1831 Summit Woods Crossing Shopping 1664 NW Chipman Road Lee’s Summit,MO 64081 Aspen Square 6403 W 135th Street Overland Park,KS 66223 Adams Dairy Landing Shopping Center 1260 NE Coronado Drive Blue Springs,MO 64014 Report Monty Python's Life of Brian, also known as Life of Brian, is a 1979 British comedy film starring and written by the comedy group Monty Python (Graham Chapman, John Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael Palin), and directed by Jones. It tells the story of Brian Cohen (played by Chapman), a young Jewish man who is born on the same day as, and next door to, Jesus Christ and is subsequently mistaken for the Messiah. Following the withdrawal of funding by EMI Films, longtime Monty Python fan and former Beatle George Harrison arranged financing for Life of Brian through the formation of his company HandMade Films. The film contains themes of religious satire that were controversial at the time of its release, drawing accusations of blasphemy and protests from some religious groups. Thirty-nine local authorities in the UK either imposed an Although all of the Pythons played women, Terry Jones is renowned by the rest to be 'the best Rat-Bag woman in the business'. His portrayal of a middle-aged housewife was louder, shriller, and more dishevelled than that of any of the other Pythons. Examples of this are the "Dead Bishop" sketch, his role as Brian's mother Mandy in Life of Brian, Mrs. Linda S-C-U-M in "Mr. Neutron" and the café proprietor in "Spam". Also recurring was the upper-class reserved men, in "Nudge, Nudge" and the "It's A Man's Life" sketch, and incompetent authority figures (Harry "Snapper" Organs). He also played the iconic Nude Organist that introduced all of series three. Generally, he deferred to the others as a performer, but proved himself behind the scenes, where he would eventually end up pulling most of the strings. Eric Idle is perhaps best remembered for his roles as a cheeky, suggestive playboy, "Nudge Nudge", as a crafty, slick salesman ("Door-to-Door Joke Salesman", "Encyclopedia Salesman"), and the merchant who loves to haggle in Monty Python’s Life of Brian. He is acknowledged as 'the master of the one-liner' by the other Pythons.[citation needed] He is also considered the best singer/songwriter in the group; for example, he wrote and performed "Always Look on the Bright Side of Life" from The Life of Brian. Unlike Jones, he often played female characters in a more straightforward way, only altering his voice slightly, as opposed to the falsetto shrieking used by the others. Several times, Idle appeared as upper-class, middle-aged females, such as Rita Fairbanks ("Reenactment of the Battle Of Pearl Harbor") and the sexually-repressed Protestant wife in the "Every Sperm is Sacred" sketch, The Meaning of Life. Because he was not from an already-established writing partnership prior to Python, Idle wrote his sketches alone. Cleese had the idea for the taunting French soldiers after something he read in a history book about medieval troops whose sole purpose was to taunt opposing enemies before battle. He combined that with the Roman practice of catapulting dead or rotting animals into castles to draw enemies out as well as the practice of dropping feces on enemies who attempted to storm castles. Michael Palin was regarded by the other members of the troupe as the one with the widest range, equally adept as a straight man or wildly over the top character. He portrayed many working-class northerners, often portrayed in a disgusting light: "The Funniest Joke in the World" sketch and the "Every Sperm Is Sacred" segment of Monty Python's The Meaning of Life). In contrast, Palin also played weak-willed, put-upon men such as the husband in the "Marriage Guidance Counsellor" sketch, or the boring accountant in the "Vocational Guidance Counsellor" sketch. He was equally at home as the indefatigable Cardinal Ximinez of Spain in "The Spanish Inquisition" sketch. Another high-energy character that Palin portrays is the slick TV show host, constantly smacking his lips together and generally being over-enthusiastic ("Blackmail" sketch). In one sketch, he plays the role with an underlying hint of self-revulsion, where he wipes his oily palms on his jacket, makes a disgusted face, then continues. One of his most famous creations was the shopkeeper who attempts to sell useless goods by very weak attempts at being sly and crafty, which are invariably spotted by the customer (often played by Cleese), as in the "Dead Parrot" and "Cheese Shop" sketches. Palin is also well known for his leading role in the "The Lumberjack Song". Palin also often plays heavy-accented foreigners, mostly French ("La marche futile") or German ("Hitler in Minehead"), usually alongside Cleese. In one of the last episodes, he delivers a full speech, first in English, then in French, then in heavily accented German. Of all the Pythons, Palin played the fewest female roles.[citation needed] Among his portrayals of women are: Queen Victoria in "Michael Ellis" episode, Debbie Katzenberg the American in Monty Python's The Meaning of Life, or as a rural idiot's wife in the "Idiot in rural society" sketch. outright ban, or imposed an X (18 years) certificate, effectively preventing the film from being shown, as the distributors said it could not be shown unless it was unedited and carried the original AA (14) certificate. Some countries, including Ireland and Norway, banned its showing, with a few of these bans lasting decades. The filmmakers used such notoriety to benefit their marketing campaign, with posters in Sweden reading "So funny, it was banned in Norway!" The film was a box-office success, the fourth-highest grossing film in the United Kingdom in 1979 and highest of any British film in the United States that year. It has remained popular, receiving positive reviews. The film received a 96% "Fresh" rating on Rotten Tomatoes with the consensus "One of the more cutting-edge films of the 1970s, this religious farce from the classic comedy troupe is as 96.5 the Buzz presents poignant as it is funny and satirical", and it was named "greatest comedy film of all time" by several magazines and television networks. “Why are we here? What’s life all about? Is God really real? Or is there some doubt? Well tonight, we’re going to sort it all out. For tonight is the Meaning of Life?” Monty Python's The Meaning of Life, also known as The Meaning of Life, is a 1983 British musical sketch comedy film written and performed by the Monty Python troupe, directed by one of its members, Terry Jones, and was the last film to feature all six Python members before Graham Chapman's death in 1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which each told a single, more-or-less coherent story, The Meaning of Life returns to the sketch comedy format of the troupe's original television series and their first film from twelve years earlier, And Now for Something Completely Different, loosely structured as a series of comic sketches about the various stages of life. Graham Chapman often portrayed straight-faced men, of any age or class, frequently authority figures such as military officers, policemen or doctors. His characters could, at any moment, engage in "Pythonesque" maniacal behaviour and then return to their former sobriety. He was also skilled in abuse, which he brusquely delivered in such sketches as "The Argument Clinic" and "Flying Lessons". He adopted a dignified demeanour as the leading "straight man" in the Python feature films Holy Grail (King Arthur) and Life of Brian (title character Brian). Monty Python and the Holy Grail is a In contrast to the group's first film, And 1975 British comedy film written and Now for Something Completely Different, performed by the comedy group of a compilation of sketches from the first Monty Python (Graham Chapman, two television series, Holy Grail was John Cleese, Terry Gilliam, Eric Idle, composed of new material, and is Terry Jones, and Michael Palin), and therefore considered the first "proper" film directed by Gilliam and Jones. It was by the group. It generally parodies the conceived during the hiatus between legend of King Arthur's quest to find the the third and fourth series of their popular BBC television programme Monty Python's Flying Circus. The film was a box-office success, Holy Grail. The film was a success on its nitial release, and Idle used the film as the inspiration for the 2005 Tony Award-winning musical Spamalot. grossing the highest of any British film exhibited in the U.S. in 1975. It has Arvest Bank At the midland remained popular since then, receiving critical acclaim. The film received a 97% "Fresh" rating on Rotten Tomatoes, with the consensus; "a cult classic as gut-bustingly hilarious as it is blithely ridiculous". In the US, the film was selected as the second best comedy of all time in the ABC special Best in Film: The Greatest Movies of Our Time; in the UK, readers of Total Film magazine ranked the film the fifth greatest comedy film of all time, and a similar poll of Channel 4 viewers placed the film sixth (2000). Other Projects majikfaery@sbcglobal.net Annual Olathe Point 14677 West 119th Olathe,KS 66062 www.ulta.com Night 1 - Friday, Dec. 19 Night 2 - Saturday, Dec. 20 Web Design Cage the Elephants Glass Animals Cold War Kids Bleachers The Orwells Banks Beautiful Bodies Misterwives Hee’s my portfolio, take a look around. This is a packaging project for a fictional beverage company called Fusion Life Tea. Here is the logo and canvas bag mockup. Illustrator, Photoshop majikfaery@sbcglobal.net Hee’s my portfolio, take a look around. This is a packaging project for a fictional beverage company called Fusion Life Tea. This is a bottle mockup and label flat for two flavors of tea. Illustrator, Photoshop majikfaery@sbcglobal.net HOLIDAY BLENDS HOLIDAY BLENDS Modern Christmas Tea 5.00 Black tea, orange peel, apple pieces, almond pieces, cinnamon chips, rose petals with cinnamon, orange spice and orange flavor Hee’s my portfolio, take a look around. This is a brand identity project for a fictional tea house called Thyme & Place Tea House. Winter Mulling Spice 5.00 Cinnamon chips, orange peel, whole clove, cinnamon granules, apple and cinnamon flavor Assam Jungle Cabernet 7.00 Assam black tea, licorice root with cinnamon and cabernet flavoring Come join us, for some Treats! CHAMPAGNE TEAS BLACK TEAS English Breakfast Xtra Fancy 4.00 A blend of Indian, Ceylon and China whole leaf teas. 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St-Laurent Montreal Quebec, Canada H2Wv1Y7 T 514 563 1268 info@periphere.com majikfaery@sbcglobal.net 2014 2014 Annual Report 2014 Annual Report Next Meeting Sept. 22, 2016 Westin Hotel Crown Center Ward Parkway Center 8600 Ward Parkway, Suite 1015 Kansas City,MO 64114-2616 Tiffany Springs Market Center 9120 NW Skyview Avenue Kansas City,MO 64154 Q95 Plaza 11860 W 95th St Overland Park,KS 66214-1831 Summit Woods Crossing Shopping 1664 NW Chipman Road Lee’s Summit,MO 64081 Annual Aspen Square 6403 W 135th Street Overland Park,KS 66223 Olathe Point 14677 West 119th Olathe,KS 66062 www.ulta.com Adams Dairy Landing Shopping Center 1260 NE Coronado Drive Blue Springs,MO 64014 Hee’s my portfolio, take a look around. Report Part III Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities ---------------------------------------------------------------------------------------- 29 Selected Financial Data ------------------------------------------------------------------------------------------------- 32 Management’s Discussion and Analysis of Financial Condition and Results of Operations ------------------------------------------------------------------------------------------------------------------ 33 Quantitative and Qualitive Disclosures about Market Risk ----------------------------------------------------- 45 Changes in and Disagreements with Accoutants on Accounting and Financial Disclosure ------------------------------------------------------------------------------------------------------------------- 45 Controls and Procedures ----------------------------------------------------------------------------------------------- 46 Other Information --------------------------------------------------------------------------------------------------------- 46 Illustrator, Photoshop Part IV ------------------------------------------------------ 46 Executive Compensation ----------------------------------------------------------------------------------------------- 47 Stockholders Matters ---------------------------------------------------------------------------------------------------- 47 Certain Relationships and Related Transactions, and Director Independence --------------------------- 47 Principal Accoutant Fees and Servies ------------------------------------------------------------------------------- 47 Part V Exihibits and Financial Statement Schedules --------------------------------------------------------------------- 48 majikfaery@sbcglobal.net Made by Maygen Wickett 2 Ulta Salon, Cosmetics & Fragrance, Inc. Table of Contents the SEC, nor shall such information be incorporated by reference into any future Securities Exchange Act of 1934, each as amended, except to the extent that we Purchases of equity securities purchasers The following table sets forth repurchases of our common stock during the fourth quarter of 2014: $700 Market information Our common stock has traded on the NASDAQ Global Select Market under the symbol “ULTA” since October 25, 2007. Our initial public offering was priced at $18.00 per share. The following table sets forth the high and low sales prices for our common stock on the NASDAQ Global Select and 2013: Fiscal Year 2014 First quarter Second quarter Third quarter High $ 104.30 97.11 121.56 Low $83.50 84.79 92.45 136.08 118.66 High $ 99.66 103.47 Low $73.96 84.13 Third quarter 128.85 97.24 Fourth quarter 131.50 80.93 Fourth quarter Fiscal Year 2013 First quarter Second quarter $500 $400 $300 $200 $100 $0 Ulta Holders of the registrant’s common stock The last reported sale price of our common stock on the NASDAQ Global Select Market on March 26, 2015 was $150.01 per share. As of March 26, 2015, we had 49 holders of record of our common stock. Because many shares of common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. Dividends No cash dividends were declared on our common stock in 2014 or 2013 nor have any decisions been made to pay a dividend in the foreseeable future. Our Board of Directors may determine future dividends after giving consideration to our levels NQGS Period 11-02-14 to 11-29-14 11-30-14 to 12-27-14 12-28-15 to 01-31-15 13 wks ended 01-31-15 Jan - 15 ended January 31, 2015. The graph assumes an investment of $100 made at the closing of trading on January 29, 2010, in (i) Ulta’s common stock, (ii) the stocks comprising the NQGS and (iii) stocks comprising the RLX. All values assume reinvestment of the full amount of all dividends, if any, into additional shares of the same class of equity securities at the frequency with which dividends are paid on such securities during the $600 Jan - 14 Set forth below is a graph comparing the cumulative total stockholder return on Ulta’s common stock with the NASDAQ Global Select Market Composite Index (NQGS) and the S&P Retail Index (RLX) for the period covering January 29, 2010 Jan - 13 Risk Factors ---------------------------------------------------------------------------------------------------------------- 13 Unresolved Staff Comments ------------------------------------------------------------------------------------------- 25 Properties ------------------------------------------------------------------------------------------------------------------- 26 Legal Proceedings -------------------------------------------------------------------------------------------------------- 27 Mine Safety Disclosures ------------------------------------------------------------------------------------------------ 28 The following performance graph and related information shall not be deemed Jan - 12 Part II Investor Information Stock performance graph Jan - 11 Part I Letter to Shareholder -----------------------------------------------------------------------------------------------------3 Financial Highlights -------------------------------------------------------------------------------------------------------- 4 Business Overview -------------------------------------------------------------------------------------------------------- 5 Guiding Principle ----------------------------------------------------------------------------------------------------------- 5 Guiding Principle cont. ---------------------------------------------------------------------------------------------------- 6 Financial Summary -------------------------------------------------------------------------------------------------------- 6 Invester Information ------------------------------------------------------------------------------------------------------- 7 ------------------------------------------------------------------ 8 Jan - 10 This is an annual report for the company Ulta. (1) There were 235,223 shares repurchased as part of our publicly announced share repurchase program during the three months ended January 31, 2015 and there were no shares transferred from employees in satisfaction of minimum statutory tax withholding obligations upon the vesting of restricted stock during the period. (2) On September 11, 2014, we announced that our Board of Directors authorized a new share repurchase program (the 2014 Share Repurchase Program) pursuant to which the Company may repurchase up to $300 million of the Company’s common stock. The 2014 Share Repurchase Program authorization revokes the previously authorized but unused amounts of $112.7 million from the 2013 Share Repurchase Program. Total number of shares purchased(2) 70,802 72,161 92,260 235,223 (1)Total Average numberof (2)Approximate dollar price shares paid per purchased value of shares $123.66 70,802 $281,271 127.66 72,161 272,082 130.11 92,260 260076 127.31 235,223 260,076 Investing activities We have historically used cash primarily for new and remodeled stores, supply chain investments, short-term investments and investments in information technology systems. Investment activities for capital investments in supply chain initiatives, partially offset by the decrease we opened 100 new stores, remodeled 9 stores and relocated 2 stores, requirements, current and future Investments 7 Financial Highlights cont. Dear Stakeholder, and to communicate with our guests in an interactive, enjoyable way that reinforces the The ULTA Beauty team delivered record sales and earnings in 2014. Since extremely valuable, spending two to four times as much as single channel guests. We continue to develop and add new website features and functionality, marketing programs, product assortment, new brands and omni-channel integration points. We intend to establish ourselves as a leading online beauty resource by providing our customers with a rich online experience for information on key trends and products, editorial content, expanded assortments, best in class features and functionality and social media content. For example, in 2014 we launched new technology to enable shoppable videos, live interactive chats with key vendors and developed a new iOS application to provide a unique guest experience with new ways for guests to share and engage. Our long-term goal is to grow our e-commerce business from approximately 5% of sales today to approximately 10% of total sales over the next several years. We believe our website and retail stores provide our guests with years ago, we have grown to become the top national retailer providing “All Things Beauty, All in One Place.” Today ULTA Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading ULTAmate Rewards loyalty program. needs. Invest in infrastructure to support our guest experience and growth, and capture scale anticipate and respond to our guests’ demand across all channels. This includes optimizing our distribution network, improving inventory turns by moving product faster and more frequently through all channels and improving inventory visibility, forecast accuracy, and product life cycle through investments in people, process and technology. We also plan to invest in guest-facing labor hours, training and tools to deliver a differentiated and personalized guest experience. We also expect to capture operational in-store labor and tools. We will also pursue opportunities to optimize our marketing Our market We operate within the large and growing U.S. beauty products and salon services industry. This market represents approximately $121 billion in retail sales, according to Euromonitor International and IBIS World Inc. The approximately $71 billion beauty products industry includes color cosmetics, haircare, fragrance, bath and body, skincare, salon styling tools and other toiletries. Within this market, we compete across all major categories as well as a range of price points by offering prestige, mass and salon products. The approximately $50 billion salon services industry consists of hair, skin and nail services. Competition Our major competitors for prestige and mass products include traditional department stores, specialty stores, drug stores, mass merchandisers and the online businesses of national retailers as well as pure-play e-commerce businesses. Our competitive advantages are the quality and assortment of merchandise and services, our value proposition, the quality of our guests’ shopping experience and the convenience of our stores and website as onestop destinations for beauty products. The market for salon services and products is highly fragmented. Our competitors for salon services and products include chain and independent salons. 2014, representing a 14% increase in square footage growth compared to remodeled 9 stores and relocated 2 Hee’s my portfolio, take a look around. This is an annual report for the company Ulta. new store program was comprised of approximately 70% new stores opened in existing shopping centers and 2014, approximately one third of new stores were in new markets and two centers. Our typical store is approximately 10,000 square feet, including approximately 950 square feet dedicated to our full-service salon. We opened 100 (99 net of closings) investment required to open a new Ulta store is approximately $1.1 million, which includes capital investments, net of landlord contributions, pre-opening expenses and initial inventory, net of payables. Our net investment required to open new stores and the net sales generated by new stores may vary depending on a number of factors, including geographic location. As of January 31, 2015, we operated 774 stores in 47 states. 2010 346 47 (4) Total stores beginning of period Stores opened Stores closed Total stores end of period Stores remodeled Total square footage Average square footage per store Fiscal Year 2012 449 102 (1) 2011 389 61 (1) 2013 550 127 (2) 2014 675 100 (1) 389 449 550 675 774 13 17 21 7 9 4,094,808 4,747,1485,847,3937,158,286 8,182,404 10,526 10,573 10,632 10,605 10,572 STORE COUNT 300.0 900 700 $202.8 2,500.0 774 800 $257.1 250.0 200.0 675 600 550 $172.5 500 1,500.0 300 $71.0 200 50.0 500.0 100 $ $ 2010 2011 2012 2013 0 2014 Income Statement: Net Sales(2) Cost of sales January 31, 2015 Feburary 1, 2014 $ 3,241,369 $ 2,670,573 2,104,582 1,729,325 1,136,787 941,248 Selling, general and administrative expenses 712,006 596,390 Pre-opening expenses 14,366 17,270 Operating income 410,415 327,588 Interest (income) expense, net (894) (118) Income before income taxes 411,309 327,706 Income tax expense 154,174 124,857 Net income per common share: Basic $ 4.00 Diluted $ 3.98 Weighted average common shares oustanding Basic 64,335 Diluted 64.651 Dividends declared per common share $ Other Operating Data: Comparable sales increase(3) Retail and salon compable sales 8.1% E-commerce comparable sales 56.4% Total comparable sales increase 9.9% Number of stores end of year 774 Net Sales per average total of square foot(4)$ 421 Capital expenditures 249,067 $ 2010 5-year CAGR - 46%* 5-year CAGR - 22%* Balance Sheet Data: Cash and cash equivalents Short-term investments Working capital Property and equipment, net Total assets Total stockholders’ equity 449 389 400 $120.3 100.0 1,000.0 389,149 150, 209 900,761 717,159 1.983,170 1,247,509 2011 Janurary 28, 2012 January 29, 2011 $ 1,776,151 $ 1,454,838 1,159,311 970,753 616,840 484,085 410,658 358,106 9,987 7,095 195,608 118,129 587 755 195,608 118,129 75,344 47,099 3.17 3.15 $ $ 2.73 2.68 $ $ 1.96 1.90 $ $ $ 63,992 64,396 - $ 63,250 63,334 1.00 $ 61,259 61,288 - $ $ $ 419,476 735,886 595,736 1,602,727 1,003,094 2013 Febuary 2, 2013 $ 2,220,256 1,436,582 783,674 488,880 14,816 279,978 185 279,793 107,549 $ $ 6.1% 76.6% 7.9% 675 407 226,024 2012 $ $ 8.8% 30.7% 9.3% 550 418 188,578 320,475 568,257 483,059 1,275,249 786,942 $ $ 10.9% 37.8% 11.5% 449 402 128,636 253,738 415,377 376,95 957,217 584,704 1.20 1.16 58,959 $ $ - 11.0% 76.8% 11.9% 389 382 97,115 111,185 241,032 326,099 730,488 402,533 sales unless the store was closed for a portion of the current or comparable prior year. (4) Net sales per average total square foot was calculated by dividing net sales for the year by the average square footage for those stores open during each year. 4 Financial Highlights 2014 5-year CAGR - 17%* respectively. majikfaery@sbcglobal.net 2014 Financial Performance Highlights Net sales increased 21.4% to $3.2 billion. This growth was driven by 14% square footage growth and a 9.9% increase in comparable sales. ULTA Beauty continues to gain market share across all major categories, with prestige and mass cosmetics delivering the strongest results. Operating progress on the six strategic imperatives: operating margin increased 40 basis points to 12.7% of net sales. Earnings per share increased 26.3% to $3.98 per diluted share. increased our brand awareness ULTA Beauty’s Strategic Imperatives During 2014, we set out to refresh our long-range strategic plan. We formed a fact-based, guest-centric and total enterprise view of the guest experience we want to deliver in the future, in order to drive growth and long-term shareholder value in the years ahead. Our approach ULTA Beauty’s path from the perspectives of brand positioning, guest experience, product and services portfolio, and store and e-commerce expansion plans. We also projected the IT and supply chain requirements to achieve our strategy, then established deliver sustainable growth and attractive shareholder returns. The primary outcome of this work was to identify six strategic imperatives, which provide the foundation of our continued success. Acquire new guests and deepen loyalty with existing guests During 2014, we sharpened thebrand positioning of ULTA Beauty and communicated it broadly through radio advertising, public relations and other marketing tactics. we can reach the millions of beauty enthusiasts who have yet to discover us. Our loyalty program and growing Customer Relationship Management (CRM) capabilities continue to be highly effective tools to increase loyalty and grow our share of wallet with our members. Our ULTAmate Rewards program has grown to reach 15 million active members, and represents more than 80% of our net sales. Having all our guests on a single platform for almost all of 2014 delivered strong member retention, higher purchase frequency, and increases in spend per transaction. Differentiate by delivering a distinctive and personalized guest experience across all channels We aspire to deliver a guest experience in-store and on-line that is personal, informative, and fun. In 2014, we invested in labor and technology to enable a more informative experience, and targeted our communications and promotions to be more personalized and relevant through our CRM platform. We invested in technology to make our store associates more effective, and began to roll out a task management solution and an inventory management application. These tools are designed to optimize productivity and store associates, which will allow them to spend more time assisting our guests. We are leveraging in-store technology to support a more personalized guest experience with our clienteling application pilot. We are also implementing the “test and learn” initiative to enhance the guest experience, adding additional labor hours to create more guest-facing time in a select group of stores. Offer relevant, innovative, and often exclusive products that excite our guests During 2014, our merchandising team continued to curate an assortment that is compelling for our guests. Having added more than 100 brands in the past several years, ULTA Beauty continues to partner with key current and prospective vendors to bring new and exclusive products to delight our guests. Sales growth was particularly strong in prestige cosmetics, led by IT Cosmetics, the expansion of Urban Decay, and successful launches from Bare Minerals, as well as continued success with our prestige boutiques featuring Clinique, Deliver exceptional services in three core areas: hair, skin health, and brows ULTA Beauty, our services business focuses on the key pillars of hair, skin health and brows. In 2014, the salon business grew 20.4% and comparable sales increased 9.5%. Fewer than 7% of our active loyalty members are salon customers today, providing us with a great opportunity to introduce salon services to many more of our customers through our CRM capabilities. During the year, we were able to acquire thousands of new salon customers through targeted offers. Grow stores and e-commerce to reach and serve more guests Square footage expansion continues to be a major source of ULTA Beauty’s growth. We opened 99 net new stores in 2014, increasing square footage by 14%. We ended the year with 774 stores in 47 states, progressing toward our goal of more than 1,200 stores in the U.S. Sincerely, Mary M. Dillon Mary Dillon While exclusive products are a small part of the assortment at 2% of sales, we experienced rapid growth in 2014 driven by the stellar launch of IT Brushes for ULTA. We are Beauty’s private label business, through improved formulations, packaging and an expanded assortment. Letter to Shareholders NET SALES (IN MILLIONS) NET SALES (IN MILLIONS) 3,500.0 3,000.0 2,000.0 Illustrator, Photoshop Our stores are predominantly located in in maintaining strong top and bottom line growth. We established our vision for the future: to be the most loved beauty destination of our guests and the most admired retailer by our ULTA Beauty associates, communities, partners, and investors. The results we expect to achieve as we execute our plan will place our company in the top tier of high performing retailers. Guiding Principles Cont. & Financial Summary 6 Financial Highlights Stores These areas of focus and Business Overview Guiding Principles Ulta Beauty (or Ulta, we, the Company) is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. We focus on providing affordable indulgence to our guests by combining unmatched product breadth, value and convenience with the distinctive environment and experience of a specialty retailer. Key aspects of our business include: Our competitive strengths We believe the following competitive strengths differentiate us and are critical to our success: One-Stop Shopping. Our guests can satisfy all of their beauty needs at Ulta. We offer a unique combination of more than 20,000 prestige and mass beauty products organized by category in a bright, open-store environment. The beauty products are arranged in self-service displays and full-service boutiques in a way that encourages our guests to enjoy discovering new products and services. We believe we offer the widest selection of categories across prestige and mass cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools. We also offer a full-service salon and a wide range of salon haircare products in all of our stores. Our Value Proposition. We believe our focus on delivering a compelling value proposition to our guests across all of our product categories drives customer loyalty. We offer a comprehensive customer loyalty program, ULTAmate Rewards and targeted promotions through our Customer Relationship Management platform (CRM). We also offer frequent Differentiated merchandising strategy with broad appeal. We believe our broad selection of merchandise across categories, price points and brands offers a unique shopping experience for our guests. While the products we sell can be found in department stores, specialty stores, salons, drug stores and mass merchandisers, we offer all of these products in one retail format so that our they need in one shopping trip. We offer more than 500 brands, such as Bare Minerals and Urban Decay prestige cosmetics, NYX and Maybelline mass cosmetics, Coty and Estée Lauder fragrances, Redken and Matrix haircare, as well as Dermalogica and Philosophy skincare and Clarisonic and CHI personal care appliances. We also offer private label Ulta products in key categories such as cosmetics, skincare and bath. Because we offer a broad array of products in prestige, mass and salon, we appeal to a wide range of customers including women of all ages, demographics and lifestyles. 3 Our unique guest experience. We combine unmatched product breadth, value and convenience with the distinctive environment and experience of a specialty retailer. Our well-trained, non-commissioned beauty advisors provide unbiased and customized advice tailored to our guests’ needs. Our customer service strategy, convenient locations and attractive store design combine to create a unique shopping experience. Ulta and strengthen our authority in the beauty category. In addition, we plan to grow and further leverage our loyalty program and CRM platform. We have Six strategic imperatives 2014, we completed the conversion of all of our loyalty customers to ULTAmate Rewards. The customer data captured by our loyalty program, together with our CRM platform, also enables customer segmentation and one-on-one marketing communications tailored to our guests’ unique beauty needs. We believe our loyalty program, combined with our growing CRM capabilities, provide a We are committed to the following six strategic imperatives to drive sustainable long-term growth: Acquire new guests and deepen loyalty with existing guests. We believe there is an opportunity to use consumer insights and effective marketing tactics to acquire new guests and increase our “share of wallet” of existing guests. We have sharpened our brand positioning, and plan to increase awareness of the Ulta brand by communicating our brand differentiation through broad scale advertising. We continue to leverage our direct mail advertising, catalogs and newspaper inserts to communicate with our guests. We also plan to deploy other marketing tactics, such as digital, in-store events and public relations to drive brand engagement, deepen the consumer connection to Business Overview & Guiding Principles million active Ulta members enrolled in our ULTAmate Rewards loyalty program. Loyalty member transactions represent more than 80% of our annual total net sales, and the transaction data demonstrates that loyalty members shop with higher frequency and spend more per visit as compared to opportunity for Ulta. Differentiate by delivering a distinctive and personalized guest experience across all channels. The Ulta guest experience today is differentiated by our broad array of categories, brands and price points, high quality services and friendly and helpful associates. Our opportunity is to sharpen that experience, by making it more relevant, 5 Hee’s my portfolio, take a look around. This is a poster for a contest held by the Jazz Museum in Kansas City. The background is the Savoy in Harlem, New York. Illustrator, Photoshop majikfaery@sbcglobal.net Monty Python’s Flying Circus (known during the final series as just Monty Python) is a British sketch comedy series commissioned by David Attenborough,[1] created by the comedy group Monty Python and broadcast by the BBC from 1969 to 1974. The shows were composed of surreality, risqué or innuendo-laden humour, sight gags and observational sketches without punchlines. It also featured animations by Terry Gilliam, often sequenced or merged with live action. The first episode was recorded on 7 September and broadcast on 5 October 1969 on BBC One, with 45 episodes airing over four series from 1969 to 1974, plus two episodes for German TV. The name of the highly influential comedy troupe made up of Graham Chapman, John Cleese, Terry Gilliam, Eric Idle, Terry Jones, and Michael Palin was made up by the group when they were commissioned to make their BBC comedy show Monty Python’s Flying Circus. John Cleese played ridiculous authority figures. Gilliam claims that Cleese is the funniest of the Pythons in drag, as he barely needs to be dressed up to look hilarious, with his square chin and 6'5" (196 cm) frame (see the "Mr. and Mrs. Git" sketch). Cleese also played intimidating maniacs, such as an instructor in the "Self Defence Against Fresh Fruit" sketch. His character Mr. Praline, the put-upon consumer, featured in some of the most popular sketches, most famously in "Dead Parrot".[citation needed] One star turn that proved most memorable among Python fans was "The Ministry of Silly Walks", where he worked for the eponymous government department. The sketch features some rather extravagant physical comedy from the notoriously tall and loose-limbed Cleese. Despite its popularity, particularly among American fans, Cleese himself particularly disliked the sketch, feeling that many of the laughs it generated were cheap and that no balance was provided by what could have been the true satirical centrepoint. Another of his trademarks is his over-the-top delivery of abuse, particularly his screaming "You bastard!" Cleese often played foreigners with ridiculous accents, especially Frenchmen, most of the time with Palin. Sometimes this extended to the use of actual French or German (such as "The Funniest Joke in the World", "Hitler in Minehead", or "La Marche Futile" at the end of "The Ministry of Silly Walks"), but still with a very heavy accent (or impossible to understand, as for example Hitler's speech). Initially only hired to be the animator of the series, Gilliam was not thought of (even by himself) as an on-screen performer at first, being American and not very good at the deep and sometimes exaggerated English accent of his fellows. The others felt they owed him something and so he sometimes appeared before the camera, usually in the parts that no one else wanted to play, generally because they required a lot of make-up or involved uncomfortable costumes.[citation needed] The most recurrent of these was The-Knight-Who-Hits-People-With-A-Chicken, a knight in armor who would walk on-set and hit another character on the head with a plucked chicken when they said something really corny. Some of Gilliam's other on-screen portrayals included: A man with a stoat through his head Cardinal Fang in "The Spanish Inquisition" A dandy wearing only a mask, bikini underwear and a cape, in "The Visitors" A hotel clerk in "The Cycling Tour" episode A fat young man covered in beans in "Most Awful Family In Britain" Despite, or, according to Cleese in the DVD commentary for Life of Brian, perhaps because of, an obviously deficient acting ability in comparison to the others, Gilliam soon became distinguished as the go-to member for the most obscenely grotesque characters. This carried Numerous non-sequitur names were considered before that, including “Owl Stretching Time,” “The Toad Elevating Moment,” “A Horse, a Spoon, and a Basin,” and “Bumwacket, Buzzard, Stubble and Boot.” “Flying Circus” only stuck because the BBC informed the group they had printed their programming schedules with the name already and it couldn’t be changed. When they wanted a name to go before that, John Cleese suggested something slithery like “Python,” while Eric Idle came up with the name “Monty” to suggest a sort of drunken British stereotype. Monty Python's Life of Brian, also known as Life of Brian, is a 1979 British comedy film starring and written by the Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael Palin), and directed by Jones. It tells the story of Brian Cohen (played by Chapman), a young Jewish man who is born on the same day as, and next door to, Jesus Christ and is subsequently mistaken for the Messiah. Following the withdrawal of funding by EMI Films, longtime Monty Python fan and former Beatle George Harrison arranged financing for Life of Brian through the formation of his company HandMade Films. The film contains themes of religious satire that were controversial at the time of its release, drawing accusations of blasphemy and protests from some religious groups. Thirty-nine local authorities in the UK either imposed an Hee’s my portfolio, take a look around. This is an infograph for Monty Python about their series, The Flying Circus, and their three movies, Holy Grail, Life of Brian, and Meaning of Life. Illustrator majikfaery@sbcglobal.net Although all of the Pythons played women, Terry Jones is renowned by the rest to be 'the best Rat-Bag woman in the business'. His portrayal of a middle-aged housewife was louder, shriller, and more dishevelled than that of any of the other Pythons. Examples of this are the "Dead Bishop" sketch, his role as Brian's mother Mandy in Life of Brian, Mrs. Linda S-C-U-M in "Mr. Neutron" and the café proprietor in "Spam". Also recurring was the upper-class reserved men, in "Nudge, Nudge" and the "It's Aridiculous Man's Life" authority sketch, and incompetent John Cleese played (Harry "Snapper" figures. Gilliamauthority claims figures that Cleese is the Organs). He also played iconic funniest of thethat Pythons in the drag, as Nude he Organist introduced all of series three. Generally, barely needs tohebedeferred dressed upothers to look to the as a performer, hilarious, with his squarehimself chin and 6'5" but proved behind the (196 scenes, he would end up pulling cm) frame (seewhere the "Mr. andeventually Mrs. Git" the strings. sketch). Cleesemost alsoofplayed intimidating maniacs, such as an instructor in the "Self Defence Against Fresh Fruit" sketch. His character Mr. Praline, the put-upon consumer, featured in some of the most popular sketches, most famously in "Dead Parrot".[citation needed] One star turn that proved most memorable among Python fans was "The Ministry of Silly Walks", Ericfor Idlethe is perhaps best remembered for where he worked eponymous his roles as a The cheeky, suggestive playboy, government department. sketch "Nudge Nudge", as a crafty, slick salesman features some rather extravagant physical ("Door-to-Door Joke Salesman", comedy from the notoriously tall andand the "Encyclopedia Salesman"), merchant who loves haggle in Monty loose-limbed Cleese. Despite itstopopularity, Python’s Life of Brian. is acknowledged particularly among American fans,HeCleese as 'the disliked master of the the one-liner' himself particularly sketch, by the other Pythons.[citation needed] He is also feeling that many of thethe laughs it generated in the considered best singer/songwriter were cheap andgroup; that no balancehewas for example, wrote and performed Lookthe on the Bright Side provided by what could "Always have been true of Life" Another from The Life of Brian. Unlike satirical centrepoint. of his Jones, he often played female characters in a trademarks is his over-the-top delivery of more straightforward way, only altering his abuse, particularly screaming "You voicehis slightly, as opposed to the falsetto bastard!" shrieking used by the others. Several times, Idle appeared as upper-class, middle-aged females, such as Ritawith Fairbanks Cleese often played foreigners ("Reenactment the Battle Of Pearl ridiculous accents, especiallyof Frenchmen, Harbor") and the sexually-repressed most of the time with Palin. this is Protestant wife inSometimes the "Every Sperm extended to theSacred" use ofsketch, actual TheFrench Meaningor of Life. German (such as "The Funniest Joke in the Because he was not from an World", "Hitler in Minehead", or "La writingMinistry partnership prior Marche Futile" already-established at the end of "The Python, Idle wrote his sketches alone. of Silly Walks"),to but still with a very heavy accent (or impossible to understand, as for example Hitler's speech). Cleese had the idea for the taunting French soldiers after something he read in a history book about medieval troops whose sole purpose was to taunt opposing enemies before battle. He combined that with the practice of Although all of Roman the Pythons played women, catapulting dead or Terry Jones is renowned byinto the rest to be rotting animals 'the best Rat-Bag woman the business'. castles to drawin enemies well as the His portrayal ofouta asmiddle-aged housewife practice of dropping was louder, shriller, and more dishevelled on enemies who than that of anyfeces of the other Pythons. attempted to storm Examples of this are the "Dead Bishop" castles. sketch, his role as Brian's mother Mandy in Life of Brian, Mrs. Linda S-C-U-M in "Mr. Neutron" and the café proprietor in "Spam". Also recurring was the upper-class reserved men, in "Nudge, Nudge" and the "It's A Man's Life" sketch, and incompetent authority figures (Harry "Snapper" Organs). He also played the iconic Nude Organist that introduced all of series three. Generally, he deferred to the others as a performer, but proved himself behind the scenes, where he would eventually end up pulling most of the strings. Michael Palin was regarded by the other members of the troupe as the one with the widest range, equally adept as a straight man or wildly over the top character. He portrayed many working-class northerners, often portrayed in a disgusting light: "The Funniest Joke in the World" sketch and the "Every Sperm Is Sacred" segment of Monty Python's The Meaning of Life). In contrast, Palin also played weak-willed, put-upon men such as the husband in the "Marriage Guidance Counsellor" sketch, or the boring accountant in the "Vocational Guidance Counsellor" sketch. He was equally at home as the indefatigable Cardinal Ximinez of Spain in "The Spanish Inquisition" sketch. Another high-energy character that Palin portrays is the slick TV show host, constantly smacking his lipsonly together andto generally Initially hired be thebeing animator of the over-enthusiastic ("Blackmail" sketch). In one series, Gilliam notwith thought of (even by sketch, he playswas the role an underlying himself) an on-screen hint of as self-revulsion, whereperformer he wipes his at oilyfirst, palms on his jacket, disgusted face, being American andmakes not avery good at the deep continues. One of his mostEnglish famous accent of andthen sometimes exaggerated was theothers shopkeeper who attempts his creations fellows. The felt they owed to him sell useless goods by very weak attempts at something andcrafty, so he sometimes appeared being sly and which are invariably before thebycamera, usually the parts that no spotted the customer (ofteninplayed by oneCleese), else wanted play, generally because they as in the to "Dead Parrot" and "Cheese Shop" sketches. is also well for required a lot ofPalin make-up or known involved his leading role in the "The Lumberjackneeded] The uncomfortable costumes.[citation Song". most recurrent of these was The-Knight-Who-Hits-People-With-A-Chicken, Palin also often plays heavy-accented a knight in armor who would walkfutile") on-set and foreigners, mostly French ("La marche Germancharacter ("Hitler in Minehead"), usually hit or another on the head with a alongside Cleese. when In one of the said last episodes, plucked chicken they something he delivers a full speech, first in English, then really corny.then Some of Gilliam's other on-screen in French, in heavily accented German. portrayals included: Of all the Pythons, Palin played the fewest female needed] Among his Fang in "The A man withroles.[citation a stoat through his head Cardinal portrayals of women are: Queen Victoria in Spanish Inquisition" "Michael Ellis" episode, Debbie Katzenberg A dandy wearing only a mask, bikini underwear and a cape, in the American in Monty Python's The "TheMeaning Visitors" of Life, or as a rural idiot's wife in A hotel clerk inin"The episode the "Idiot rural Cycling society"Tour" sketch. A fat young man covered in beans in "Most Awful Family In Britain" Despite, or, according to Cleese in the DVD commentary for Life of Brian, perhaps because of, an obviously deficient acting ability in comparison to the others, Gilliam soon became distinguished as the go-to member for the most Graham Chapman often portrayed This carried obscenely grotesque characters. straight-faced men, of any age or class, frequently authority figures such as military officers, policemen or doctors. His characters could, at any moment, engage in "Pythonesque" maniacal behaviour and then return to their former sobriety. He was also skilled in abuse, which he brusquely delivered in such sketches as "The Argument Clinic" and "Flying Lessons". He adopted a dignified demeanour as the leading "straight man" in the Python feature films Holy Arthur)by andthe Lifeother of Michael PalinGrail was(King regarded Brian (title character Brian). members of the troupe as the one with the widest range, equally adept as a straight man or wildly over the top character. He portrayed many working-class northerners, often portrayed in a disgusting light: "The Funniest Joke in the World" sketch and the "Every Sperm Is Sacred" segment of Monty Python's The Meaning of Life). In contrast, Palin also played weak-willed, put-upon men such as the husband in the "Marriage Guidance Counsellor" sketch, or the boring accountant in the "Vocational Guidance Counsellor" sketch. He was equally at home as the indefatigable Cardinal Ximinez of Spain in "The Spanish Inquisition" sketch. Another high-energy character that Palin portrays is the slick TV show host, constantly smacking his lips together and generally being over-enthusiastic ("Blackmail" sketch). In one sketch, he plays the role with an underlying hint of self-revulsion, where he wipes his oily palms on his jacket, makes a disgusted face, then continues. One of his most famous creations was the shopkeeper who attempts to sell useless goods by very weak attempts at being sly and crafty, which are invariably spotted by the customer (often played by Cleese), as in the "Dead Parrot" and "Cheese Shop" sketches. Palin is also well known for his leading role in the "The Lumberjack Song". outright ban, or imposed an X (18 years) certificate, name ofthe thefilm highly influential comedyas theMonty Python’s Flying Circus (known effectively The preventing from being shown, during the final series as just Monty Python) is a British sketch comedy upnot of be Graham Chapman, distributorstroupe said itmade could shown unless it was unedited Gilliam, Eric Idle, and carriedJohn the Cleese, originalTerry AA (14) certificate. Some countries, commissioned by David Terry Jones, and Michael Palinits wasshowing, made withseries including Ireland and Norway, banned a Attenborough,[1] created by the comedy few of these upbans by thelasting group decades. when they The werefilmmakers used group Monty Python and broadcast by such notoriety to benefit to their marketing campaign, commissioned make their BBC comedy with the BBC from 1969 to 1974. The shows were composed of surreality, risqué or "So funny, it was banned in Norway!" innuendo-laden humour, sight gags and Numerous non-sequitur names were observational sketches without considered before that, including “Owl The film was a box-office success, the fourth-highest punchlines. It also featured animations Stretching Time,” “The Toad Elevating grossing film in the United Kingdom in 1979 and highest of by Terry Gilliam, often sequenced or Moment,” “A Horse, a Spoon, and a any British film in the United States that year. It has merged with live action. The first Basin,” and “Bumwacket, Buzzard, remained popular, receiving positive reviews. The film episode was recorded on 7 September and Boot.” “Flying Circus” only received a Stubble 96% "Fresh" rating on Rotten Tomatoes with the and broadcast on 5 October 1969 on the BBC informed the consensusstuck "Onebecause of the more cutting-edge films of the 1970s, BBC One, with 45 episodes airing over group they hadthe printed their programming this religious farce from classic comedy troupe is as four series from 1969 to 1974, plus two poignant as it is funny and satirical", and it was named schedules with the name already and it episodes for German TV. "greatest comedy of all time" by they several magazines and couldn’t film be changed. When wanted a posters in Sweden reading show Monty Python’s Flying Circus. John Cleese played ridiculous authority figures. Gilliam claims that Cleese is the funniest of the Pythons in drag, as he barely needs to be dressed up to look hilarious, with his square chin and 6'5" (196 cm) frame (see the "Mr. and Mrs. Git" sketch). Cleese also played intimidating maniacs, such as an instructor in the "Self Defence Against Fresh Fruit" sketch. His character Mr. Praline, the put-upon consumer, featured in some of the most popular sketches, most famously in "Dead Parrot".[citation needed] One star turn that proved most memorable among Python fans was "The Ministry of Silly Walks", where he worked for the eponymous government department. The sketch features some rather extravagant physical comedy from the notoriously tall and loose-limbed Cleese. Despite its popularity, particularly among American fans, Cleese himself particularly disliked the sketch, feeling that many of the laughs it generated were cheap and that no balance was provided by what could have been the true satirical centrepoint. Another of his trademarks is his over-the-top delivery of abuse, particularly his screaming "You bastard!" Cleese often played foreigners with ridiculous accents, especially Frenchmen, most of the time with Palin. Sometimes this extended to the use of actual French or German (such as "The Funniest Joke in the World", "Hitler in Minehead", or "La Marche Futile" at the end of "The Ministry of Silly Walks"), but still with a very heavy accent (or impossible to understand, as for example Hitler's speech). Monty Python's The Meaning of Life, also known as The Meaning of Life, is a 1983 British musical sketch comedy film written and performed by the Monty Python troupe, directed by one of its members, Terry Jones, and was the last film to feature all six Python members before Graham Chapman's death in 1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which each told a single, more-or-less coherent story, The Meaning of Life returns to Monty Python's Life of Brian, also known as Life of Brian, is Although all of the Pythons played women, Terry Jones is renowned by the rest to be 'the best Rat-Bag woman in the business'. His portrayal of a middle-aged housewife was louder, shriller, and more dishevelled than that of any of the other Pythons. Examples of this are the "Dead Bishop" sketch, his role as Brian's mother Mandy in Life of Brian, Mrs. Linda S-C-U-M in "Mr. Neutron" and the café proprietor in "Spam". Also recurring was the upper-class reserved men, in "Nudge, Nudge" and the "It's A Man's Life" sketch, and incompetent authority figures (Harry "Snapper" Organs). He also played the iconic Nude Organist that introduced all of series three. Generally, he deferred to the others as a performer, but proved himself behind the scenes, where he would eventually end up pulling most of the strings. the sketch comedy format of the troupe's original television series and their a 1979 British comedy film starring and written by the first film from twelve years earlier, And Now for Something Completely comedy group Monty Python (Graham Chapman, John Different, loosely structured as a series of comic sketches about the various Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael stages of life. Palin), and directed by Jones. It tells the story of Brian Cohen (played by Chapman), a young Jewish man who is born on the same day as, and next door to, Jesus Christ and is subsequently mistaken for the Messiah. Following the withdrawal of funding by EMI Films, longtime Monty Python fan and former Beatle George Harrison Monty Python and the Holy Grail is a In contrast to the group's first film, And 1975 British comedy film written and Now for Something Completely Different, arranged financing for Life of Brian through the formation of his company HandMade Films. performed by the comedy group of a compilation of sketches from the first The filmChapman, contains themes ofseries, religious that were Monty Python (Graham two television Holy Grailsatire was John Cleese,controversial Terry Gilliam, Eric Idle, composed of new and isdrawing accusations at the time of its material, release, Terry Jones,of andblasphemy Michael Palin), and considered first "proper" film and therefore protests fromthe some religious groups. directed by Gilliam and Jones. It was by the group. It generally parodies the Thirty-nine local authorities in the UK either imposed an conceived during the hiatus between legend of King Arthur's quest to find the outright ban, or imposed an X (18 years) certificate, the third and fourth series of their Holy Grail. The film was a success on its preventing the film from shown, as the popular BBCeffectively television programme nitial release, and Idle usedbeing the film as Monty Python's Flying Circus. said it the inspiration theshown 2005 Tony unless it was unedited distributors could notfor be Award-winning musical Spamalot. and carried the original AA (14) certificate. Some countries, The film was a box-office success, Ireland grossing the including highest of any British film and Norway, banned its showing, with a exhibited in the U.S.of in these 1975. It has few bans lasting decades. The filmmakers used remained popular since then, receiving such notoriety to benefit their marketing campaign, with critical acclaim. The film received a 97% posters in Sweden reading "Fresh" rating on Rotten Tomatoes, with the consensus; "a cult classic as "So funny, it was banned in Norway!" gut-bustingly hilarious as it is blithely ridiculous". In the US, the film was selected as the second best comedy of all The film was a box-office success, the fourth-highest time in the ABC special Best in Film: The grossing film in the United Kingdom in 1979 and highest of Greatest Movies of Our Time; in the UK, any British film in the United States that year. It has readers of Total Film magazine ranked the Initially only hired to be the animator of the series, Gilliam was not thought of (even by himself) as an on-screen performer at first, being American and not very good at the deep and sometimes exaggerated English accent of his fellows. The others felt they owed him something and so he sometimes appeared before the camera, usually in the parts that no one else wanted to play, generally because they required a lot of make-up or involved uncomfortable costumes.[citation needed] The most recurrent of these was The-Knight-Who-Hits-People-With-A-Chicken, a knight in armor who would walk on-set and hit another character on the head with a plucked chicken when they said something really corny. Some of Gilliam's other on-screen portrayals included: A man with a stoat through his head Cardinal Fang in "The Spanish Inquisition" A dandy wearing only a mask, bikini underwear and a cape, in "The Visitors" A hotel clerk in "The Cycling Tour" episode A fat young man covered in beans in "Most Awful Family In Britain" Despite, or, according to Cleese in the DVD commentary for Life of Brian, perhaps because of, an obviously deficient acting ability in comparison to the others, Gilliam soon became distinguished as the go-to member for the most obscenely grotesque characters. This carried Numerous non-sequitur names were considered before that, including “Owl Stretching Time,” “The Toad Elevating Moment,” “A Horse, a Spoon, and a Basin,” and “Bumwacket, Buzzard, Stubble and Boot.” “Flying Circus” only stuck because the BBC informed the group they had printed their programming schedules with the name already and it couldn’t be changed. When they wanted a name to go before that, John Cleese suggested something slithery like “Python,” while Eric Idle came up with the name “Monty” to suggest a sort of drunken British stereotype. Monty Python's Life of Brian, also known as Life of Brian, is a 1979 British comedy film starring and written by the comedy group Monty Python (Graham Chapman, John Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael Palin), and directed by Jones. It tells the story of Brian Cohen (played by Chapman), a young Jewish man who is born on the same day as, and next door to, Jesus Christ and is subsequently mistaken for the Messiah. Following the withdrawal of funding by EMI Films, longtime Monty Python fan and former Beatle George Harrison arranged financing for Life of Brian through the formation of his company HandMade Films. The film contains themes of religious satire that were controversial at the time of its release, drawing accusations of blasphemy and protests from some religious groups. Thirty-nine local authorities in the UK either imposed an television networks. name to go before that, John Cleese suggested something slithery like “Python,” while Eric Idle came up with “Why are we here? the name “Monty” to suggest a sortlife ofall about? What’s drunken British stereotype. Is God really real? Or is there some doubt? Well tonight, we’re going to sort it all out. For tonight is the Meaning of Life?” Eric Idle is perhaps best remembered for his roles as a cheeky, suggestive playboy, "Nudge Nudge", as a crafty, slick salesman ("Door-to-Door Joke Salesman", "Encyclopedia Salesman"), and the merchant who loves to haggle in Monty Python’s Life of Brian. He is acknowledged as 'the master of the one-liner' by the other Pythons.[citation needed] He is also considered the best singer/songwriter in the group; for example, he wrote and performed "Always Look on the Bright Side of Life" from The Life of Brian. Unlike Jones, he often played female characters in a more straightforward way, only altering his voice slightly, as opposed to the falsetto shrieking used by the others. Several times, Idle appeared as upper-class, middle-aged females, such as Rita Fairbanks ("Reenactment of the Battle Of Pearl Harbor") and the sexually-repressed Protestant wife in the "Every Sperm is Sacred" sketch, The Meaning of Life. Because he was not from an already-established writing partnership prior to Python, Idle wrote his sketches alone. Cleese had the idea for the taunting French soldiers after something he read in a history book about medieval troops whose sole purpose was to taunt opposing enemies before battle. He combined that with the Roman practice of catapulting dead or rotting animals into castles to draw enemies out as well as the practice of dropping feces on enemies who attempted to storm castles. Michael Palin was regarded by the other members of the troupe as the one with the widest range, equally adept as a straight man or wildly over the top character. He portrayed many working-class northerners, often portrayed in a disgusting light: "The Funniest Joke in the World" sketch and the "Every Sperm Is Sacred" segment of Monty Python's The Meaning of Life). In contrast, Palin also played weak-willed, put-upon men such as the husband in the "Marriage Guidance Counsellor" sketch, or the boring accountant in the "Vocational Guidance Counsellor" sketch. He was equally at home as the indefatigable Cardinal Ximinez of Spain in "The Spanish Inquisition" sketch. Another high-energy character that Palin portrays is the slick TV show host, constantly smacking his lips together and generally being over-enthusiastic ("Blackmail" sketch). In one sketch, he plays the role with an underlying hint of self-revulsion, where he wipes his oily palms on his jacket, makes a disgusted face, then continues. One of his most famous creations was the shopkeeper who attempts to sell useless goods by very weak attempts at being sly and crafty, which are invariably spotted by the customer (often played by Cleese), as in the "Dead Parrot" and "Cheese Shop" sketches. Palin is also well known for his leading role in the "The Lumberjack Song". Palin also often plays heavy-accented foreigners, mostly French ("La marche futile") or German ("Hitler in Minehead"), usually alongside Cleese. In one of the last episodes, he delivers a full speech, first in English, then in French, then in heavily accented German. Of all the Pythons, Palin played the fewest female roles.[citation needed] Among his portrayals of women are: Queen Victoria in "Michael Ellis" episode, Debbie Katzenberg the American in Monty Python's The Meaning of Life, or as a rural idiot's wife in the "Idiot in rural society" sketch. outright ban, or imposed an X (18 years) certificate, effectively preventing the film from being shown, as the distributors said it could not be shown unless it was unedited and carried the original AA (14) certificate. Some countries, including Ireland and Norway, banned its showing, with a few of these bans lasting decades. The filmmakers used such notoriety to benefit their marketing campaign, with posters in Sweden reading "So funny, it was banned in Norway!" The film was a box-office success, the fourth-highest grossing film in the United Kingdom in 1979 and highest of any British film in the United States that year. It has remained popular, receiving positive reviews. The film received a 96% "Fresh" rating on Rotten Tomatoes with the consensus "One of the more cutting-edge films of the 1970s, this religious farce from the classic comedy troupe is as poignant as it is funny and satirical", and it was named "greatest comedy film of all time" by several magazines and television networks. “Why are we here? What’s life all about? Is God really real? Or is there some doubt? Well tonight, we’re going to sort it all out. For tonight is the Meaning of Life?” Monty Python's The Meaning of Life, also known as The Meaning of Life, is a 1983 British musical sketch comedy film written and performed by the Monty Python troupe, directed by one of its members, Terry Jones, and was the last film to feature all six Python members before Graham Chapman's death in 1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which each told a single, more-or-less coherent story, The Meaning of Life returns to the sketch comedy format of the troupe's original television series and their first film from twelve years earlier, And Now for Something Completely Different, loosely structured as a series of comic sketches about the various stages of life. Graham Chapman often portrayed straight-faced men, of any age or class, frequently authority figures such as military officers, policemen or doctors. His characters could, at any moment, engage in "Pythonesque" maniacal behaviour and then return to their former sobriety. He was also skilled in abuse, which he brusquely delivered in such sketches as "The Argument Clinic" and "Flying Lessons". He adopted a dignified demeanour as the leading "straight man" in the Python feature films Holy Grail (King Arthur) and Life of Brian (title character Brian). Monty Python and the Holy Grail is a Now for Something Completely Different, a compilation of sketches from the first Monty Python (Graham Chapman, two television series, Holy Grail was John Cleese, Terry Gilliam, Eric Idle, composed of new material, and is Terry Jones, and Michael Palin), and therefore considered the first "proper" film directed by Gilliam and Jones. It was by the group. It generally parodies the conceived during the hiatus between legend of King Arthur's quest to find the the third and fourth series of their Holy Grail. The film was a success on its popular BBC television programme nitial release, and Idle used the film as Monty Python's Flying Circus. The film was a box-office success, exhibited in the U.S. in 1975. It has remained popular since then, receiving critical acclaim. The film received a 97% "Fresh" rating on Rotten Tomatoes, with the consensus; "a cult classic as gut-bustingly hilarious as it is blithely ridiculous". In the US, the film was selected as the second best comedy of all time in the ABC special Best in Film: The film the fifth greatest comedy film of all poignant as it is funny and satirical", and it was named "greatest comedy film of all time" by several magazines and television networks. “Why are we here? What’s life all about? Is God really real? Or is there some doubt? the inspiration for the 2005 Tony Award-winning musical Spamalot. grossing the highest of any British film viewers placed the film sixth (2000). consensus "One of the more cutting-edge films of the 1970s, this religious farce from the classic comedy troupe is as In contrast to the group's first film, And 1975 British comedy film written and performed by the comedy group of remained receiving positive reviews. The film film the fifth greatest comedypopular, film of all received a 96% time, and a similar poll of Channel 4 "Fresh" rating on Rotten Tomatoes with the Monty Python’s Flying Circus (known during the final series as just Monty Python) is a British sketch comedy series commissioned by David Attenborough,[1] created by the comedy group Monty Python and broadcast by the BBC from 1969 to 1974. The shows were composed of surreality, risqué or innuendo-laden humour, sight gags and observational sketches without punchlines. It also featured animations by Terry Gilliam, often sequenced or merged with live action. The first episode was recorded on 7 September and broadcast on 5 October 1969 on BBC One, with 45 episodes airing over four series from 1969 to 1974, plus two episodes for German TV. The name of the highly influential comedy troupe made up of Graham Chapman, John Cleese, Terry Gilliam, Eric Idle, Terry Jones, and Michael Palin was made up by the group when they were commissioned to make their BBC comedy show Monty Python’s Flying Circus. comedy group Monty Python (Graham Chapman, John Greatest Movies of Our Time; in the UK, readers of Total Film magazine ranked the time, and a similar poll of Channel 4 viewers placed the film sixth (2000). 96.5 the Buzz presents Hee’s my portfolio, take a look around. Arvest Bank At the midland A poster for the music show from 96.5 the Buzz, The Night the Buzz Stole Christmas. Night 1 - Friday, Dec. 19 Illustrator, Photoshop majikfaery@sbcglobal.net Night 2 - Saturday, Dec. 20 Cage the Elephants Glass Animals Cold War Kids Bleachers The Orwells Banks Beautiful Bodies Misterwives Hee’s my portfolio, take a look around. This is an app mockup called Super Baby! He has to save the world from the evil alien babies. 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