Bed, Bath and Beyond 2013 Annual Report Download - page 18

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FISCAL YEAR ENDED
(in thousands, except per share data)
March 1,
2014
March 2,
2013
February 25,
2012
Net sales $11,503,963 $10,914,585 $9,499,890
Cost of sales 6,938,381 6,525,830 5,568,957
Gross profit 4,565,582 4,388,755 3,930,933
Selling, general and administrative expenses 2,950,995 2,750,537 2,362,564
Operating profit 1,614,587 1,638,218 1,568,369
Interest (expense) income, net (1,140) (4,159) 1,119
Earnings before provision for income taxes 1,613,447 1,634,059 1,569,488
Provision for income taxes 591,157 596,271 579,951
Net earnings $ 1,022,290 $ 1,037,788 $ 989,537
Net earnings per share − Basic $ 4.85 $ 4.62 $ 4.12
Net earnings per share − Diluted $ 4.79 $ 4.56 $ 4.06
Weighted average shares outstanding − Basic 210,710 224,623 240,016
Weighted average shares outstanding − Diluted 213,363 227,723 243,890
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF EARNINGS
Bed Bath & Beyond Inc. and Subsidiaries
BED BATH & BEYOND 2013 ANNUAL REPORT
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