Bed, Bath and Beyond 2008 Annual Report Download - page 16

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FISCAL YEAR ENDED
February 28, March 1, March 3,
(in thousands, except per share data) 2009 2008 2007
Net sales $ 7,208,340 $ 7,048,942 $ 6,617,429
Cost of sales 4,335,104 4,123,711 3,782,027
Gross profit 2,873,236 2,925,231 2,835,402
Selling, general and administrative expenses 2,199,340 2,087,209 1,946,001
Operating profit 673,896 838,022 889,401
Interest income 9,412 27,210 43,478
Earnings before provision for income taxes 683,308 865,232 932,879
Provision for income taxes 258,185 302,424 338,635
Net earnings $ 425,123 $ 562,808 $ 594,244
Net earnings per share - Basic $ 1.66 $ 2.13 $ 2.12
Net earnings per share - Diluted $ 1.64 $ 2.10 $ 2.09
Weighted average shares outstanding - Basic 256,410 264,824 280,199
Weighted average shares outstanding - Diluted 258,619 268,409 284,956
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF EARNINGS
Bed Bath & Beyond Inc. and Subsidiaries
BED BATH & BEYOND 2008 ANNUAL REPORT
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