Dollar General 2013 Annual Report Download - page 128
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DOLLAR GENERAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
For the Year Ended
January 31, February 1, February 3,
2014 2013 2012
Net sales ...................................... $17,504,167 $16,022,128 $14,807,188
Cost of goods sold ............................... 12,068,425 10,936,727 10,109,278
Gross profit .................................... 5,435,742 5,085,401 4,697,910
Selling, general and administrative expenses ............. 3,699,557 3,430,125 3,207,106
Operating profit ................................. 1,736,185 1,655,276 1,490,804
Interest expense ................................. 88,984 127,926 204,900
Other (income) expense ........................... 18,871 29,956 60,615
Income before income taxes ........................ 1,628,330 1,497,394 1,225,289
Income tax expense .............................. 603,214 544,732 458,604
Net income .................................... $ 1,025,116 $ 952,662 $ 766,685
Earnings per share:
Basic ....................................... $ 3.17 $ 2.87 $ 2.25
Diluted ...................................... $ 3.17 $ 2.85 $ 2.22
Weighted average shares:
Basic ....................................... 322,886 332,254 341,234
Diluted ...................................... 323,854 334,469 345,117
The accompanying notes are an integral part of the consolidated financial statements.
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10-K