Bed, Bath and Beyond 2009 Annual Report Download - page 16

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FISCAL YEAR ENDED
February 27, February 28, March 1,
(in thousands, except per share data) 2010 2009 2008
Net sales $ 7,828,793 $ 7,208,340 $ 7,048,942
Cost of sales 4,620,674 4,335,104 4,123,711
Gross profit 3,208,119 2,873,236 2,925,231
Selling, general and administrative expenses 2,227,432 2,199,340 2,087,209
Operating profit 980,687 673,896 838,022
Interest income 4,568 9,412 27,210
Earnings before provision for income taxes 985,255 683,308 865,232
Provision for income taxes 385,222 258,185 302,424
Net earnings $ 600,033 $ 425,123 $ 562,808
Net earnings per share – Basic $ 2.33 $ 1.66 $ 2.13
Net earnings per share – Diluted $ 2.30 $ 1.64 $ 2.10
Weighted average shares outstanding – Basic 257,755 256,410 264,824
Weighted average shares outstanding – Diluted 260,375 258,619 268,409
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF EARNINGS
Bed Bath & Beyond Inc. and Subsidiaries
BED BATH & BEYOND 2009 ANNUAL REPORT
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