Bed, Bath and Beyond 2012 Annual Report Download - page 18

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FISCAL YEAR ENDED
(in thousands, except per share data)
March 2,
2013
February 25,
2012
February 26,
2011
Net sales $10,914,585 $9,499,890 $8,758,503
Cost of sales 6,525,830 5,568,957 5,135,574
Gross profit 4,388,755 3,930,933 3,622,929
Selling, general and administrative expenses 2,750,537 2,362,564 2,334,471
Operating profit 1,638,218 1,568,369 1,288,458
Interest (expense) income, net (4,159) 1,119 4,520
Earnings before provision for income taxes 1,634,059 1,569,488 1,292,978
Provision for income taxes 596,271 579,951 501,645
Net earnings $ 1,037,788 $ 989,537 $ 791,333
Net earnings per share − Basic $ 4.62 $ 4.12 $ 3.11
Net earnings per share − Diluted $ 4.56 $ 4.06 $ 3.07
Weighted average shares outstanding − Basic 224,623 240,016 254,297
Weighted average shares outstanding − Diluted 227,723 243,890 258,079
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF EARNINGS
Bed Bath & Beyond Inc. and Subsidiaries
BED BATH & BEYOND 2012 ANNUAL REPORT
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