Dick's Sporting Goods 2003 Annual Report Download - page 2

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Fiscal Year 2003 2002 2001
(Dollars in thousands, except per share data)
Net sales $1,470,845 $1,272,584 $1,074,568
Gross profit margin 27.7% 26.5% 24.5%
Income from operations $ 86,326 $ 69,084 $ 45,360
Net income $ 52,819 $ 38,264 $ 23,471
Diluted earnings applicable to common stockholders $1.05 $0.93 $ 0.66
Diluted weighted average shares outstanding 50,280 40,958 35,736
Total cash and cash equivalents $ 93,674 $ 11,120 $ 8,976
Total debt including capitalized lease obligations $ 3,916 $ 3,577 $ 80,861
Total stockholders’ equity $ 242,981 $ 140,499 $ 63,105
Inventory turnover 3.69x 3.83x 3.73x
Return on invested capital 11.8% 11.8% 10.7%
EBITDA $ 107,416 $ 81,057 $ 57,442
Capital expenditures, net of proceeds from sale-leaseback transactions $ 39,624 $ 22,584 $ 21,965
Comparable store net sales increase 2.1% 5.1% 3.6%
Store count 163 141 125
Dick’s Sporting Goods, Inc. Financial Highlights
Diluted earnings applicable to common stockholders and diluted weighted average shares outstanding are adjusted for the two-for-one stock split,
in the form of a stock dividend, which became effective April 5th, 2004.