CarMax 2004 Annual Report Download - page 47

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CARMAX
2004 45
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
First Quarter Second Quarter Third Quarter Fourth Quarter Fiscal Year
(In thousands except per share data)
2004 2003 2004 2003 2004 2003 2004 2003 2004 2003
Net sales and
operating revenues $1,172,835 $1,005,803 $1,236,457 $1,080,682 $1,071,534 $936,819 $1,116,865 $946,640 $4,597,691 $3,969,944
Gross profit $147,771 $122,142 $163,105 $128,812 $126,242 $106,940 $133,770 $110,345 $570,888 $468,239
CarMax Auto
Finance income $25,748 $19,838 $22,677 $22,110 $17,649 $19,220 $18,889 $21,231 $84,963 $82,399
Selling, general, and
administrative
expenses $115,553 $93,037 $120,714 $97,997 $114,282 $101,810 $117,825 $99,573 $468,374 $392,417
(Gain)/loss on franchise
dispositions $—$—$460 $—$(1,207) $—$(1,580) $—$(2,327) $—
Net earnings $35,260 $29,238 $39,610 $31,714 $19,053 $14,717 $22,526 $19,133 $116,450 $94,802
Net earnings per share:
Basic $0.34$0.28 $0.38$0.31 $0.18 $0.14 $0.22$0.19 $1.13 $0.92
Diluted $0.34$0.28 $0.37$0.30 $0.18 $0.14 $0.21$0.18 $1.10 $0.91
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