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10-K
DOLLAR GENERAL CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
14. Quarterly financial data (unaudited)
The following is selected unaudited quarterly financial data for the fiscal years ended January 30,
2015 and January 31, 2014. Each quarterly period listed below was a 13-week accounting period. The
sum of the four quarters for any given year may not equal annual totals due to rounding.
First Second Third Fourth
(In thousands) Quarter Quarter Quarter Quarter
2014:
Net sales ............................... $4,522,081 $4,724,039 $4,724,409 $4,939,059
Gross profit ............................. 1,357,746 1,455,574 1,423,748 1,565,439
Operating profit .......................... 379,708 428,526 394,143 566,716
Net income ............................. 222,398 251,260 236,316 355,371
Basic earnings per share .................... 0.72 0.83 0.78 1.17
Diluted earnings per share .................. 0.72 0.83 0.78 1.17
First Second Third Fourth
(In thousands) Quarter Quarter Quarter Quarter
2013:
Net sales ............................... $4,233,733 $4,394,651 $4,381,838 $4,493,945
Gross profit ............................. 1,295,148 1,377,290 1,328,493 1,434,811
Operating profit .......................... 395,000 412,822 390,241 538,122
Net income ............................. 220,083 245,475 237,385 322,173
Basic earnings per share .................... 0.67 0.76 0.74 1.01
Diluted earnings per share .................. 0.67 0.75 0.74 1.01
In the third and fourth quarters of 2014, the Company incurred expenses related to an attempted
acquisition of $8.2 million ($7.4 million net of tax, or $0.02 per diluted share) and $6.1 million
($1.3 million net of tax, or $0.00 per diluted share), respectively, which were recognized as Selling,
general and administrative expenses.
As discussed in Note 5, in the first quarter of 2013, the Company terminated its senior secured
credit facilities, resulting in a pretax loss of $18.9 million ($11.5 million net of tax, or $0.04 per diluted
share) which was recognized as Other (income) expense.
As discussed in Note 8, in the second quarter of 2013, the Company recorded expenses associated
with an agreement to settle a legal matter, resulting in a pretax loss of $8.5 million ($5.2 million net of
tax, or $0.02 per diluted share) which was recognized as Selling, general and administrative expense.
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