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TABLE OF CONTENTS
(3) During fiscal years 2014, 2013, 2012 and 2011, the Company recorded certain items which affect the comparability of our results. See item 7,
“Management’s Discussion and Analysis of Financial Condition and Results of Operations,” for further information on the items related to fiscal 2014,
fiscal 2013 and fiscal 2012. Fiscal 2011 was impacted by the result of a favorable settlement of a multi-year tax return examination and charitable
contributions. The following table reconciles the Company's reported results on a U.S. GAAP basis to our adjusted results that exclude these items:
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Net Income
Fiscal 2013 Gross Profit
SG&A
Operating Income
Amount
Per Diluted Share
As Reported: (GAAP Basis) $ 3,698,148
$ 2,173,607
$ 1,524,541
$ 1,034,420
$ 3.61
Excluding items affecting comparability 4,800
(48,402)
53,202
32,568
0.11
Adjusted: (Non-GAAP Basis) $ 3,702,948
$ 2,125,205
$ 1,577,743
$ 1,066,988
$ 3.73
Net Income
Fiscal 2012 Gross Profit
SG&A
Operating Income
Amount
Per Diluted Share
As Reported: (GAAP Basis) $ 3,466,078
$ 1,954,089
$ 1,511,989
$ 1,038,910
$ 3.53
Excluding items affecting comparability —
(39,209)
39,209
—
—
Adjusted: (Non-GAAP Basis) $ 3,466,078
$ 1,914,880
$ 1,551,198
$ 1,038,910
$ 3.53
Net Income
Fiscal 2011 Gross Profit
SG&A
Operating Income
Amount
Per Diluted Share
As Reported: (GAAP Basis) $ 3,023,541
$ 1,718,617
$ 1,304,924
$ 880,800
$ 2.92
Excluding items affecting comparability —
(25,678)
25,678
—
—
Adjusted: (Non-GAAP Basis) $ 3,023,541
$ 1,692,939
$ 1,330,602
$ 880,800
$ 2.92
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