Bed, Bath and Beyond 2008 Annual Report Download - page 36

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BED BATH & BEYOND 2008 ANNUAL REPORT
34
15. SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
FISCAL 2008
(in thousands, except per share data) QUARTER ENDED
May 31, August 30, November 29, February 28,
2008 2008 2008 2009
Net sales $ 1,648,491 $ 1,853,892 $ 1,782,683 $ 1,923,274
Gross profit 656,000 739,321 692,857 785,058
Operating profit 118,819 187,421 136,374 231,282
Earnings before provision for income taxes 123,349 190,367 137,770 231,822
Provision for income taxes 46,572 71,099 50,070 90,444
Net earnings $ 76,777 $ 119,268 $ 87,700 $ 141,378
EPS-Basic (1) $ 0.30 $ 0.46 $ 0.34 $ 0.55
EPS-Diluted (1) $ 0.30 $ 0.46 $ 0.34 $ 0.55
FISCAL 2007
(in thousands, except per share data) QUARTER ENDED
June 2, September 1, December 1, March 1,
2007 2007 2007 2008
Net sales $ 1,553,293 $ 1,767,716 $ 1,794,747 $ 1,933,186
Gross profit 646,109 732,158 747,866 799,098
Operating profit 154,391 221,037 203,152 259,442
Earnings beforeprovision for income taxes 164,281 227,754 208,120 265,077
Provision for income taxes 59,634 80,746 69,888 92,156
Net earnings $ 104,647 $ 147,008 $ 138,232 $ 172,921
EPS-Basic (1) $ 0.38 $ 0.55 $ 0.53 $ 0.67
EPS-Diluted (1) $ 0.38 $ 0.55 $ 0.52 $ 0.66
(1) Net earnings per share (“EPS”) amounts for each quarter are required to be computed independently and may not equal
the amount computed for the total year.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(continued)