Family Dollar 2013 Annual Report Download - page 71

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The following table describes the Company’s product categories in more detail:
Consumables ............. Household chemicals
Paper products
Food
Health and beauty aids
Hardware and automotive supplies
Pet food and supplies
Tobacco
Home Products ........... Domestics, including blankets, sheets and towels
Housewares
Giftware
Home décor
Apparel and Accessories . . . Men’s clothing
Women’s clothing
Boys’ and girls’ clothing
Infants’ clothing
Shoes
Fashion accessories
Seasonal and Electronics . . . Toys
Stationery and school supplies
Seasonal goods
Personal electronics, including pre-paid cellular phones and services
17. Unaudited Summaries of Quarterly Results:
(in thousands, except per share amounts)
First
Quarter
Second
Quarter(2)
Third
Quarter
Fourth
Quarter(3)
2013
Net sales ....................................... $2,421,688 $2,893,997 $2,573,506 $2,502,266
Gross profit ..................................... 826,794 967,050 892,458 868,443
Net income ..................................... 80,279 140,145 120,938 102,213
Net income per common share(1) ..................... 0.69 1.21 1.05 0.88
2012
Net sales ....................................... $2,148,287 $2,458,636 $2,359,957 $2,364,125
Gross profit ..................................... 757,572 857,399 845,273 799,703
Net income ..................................... 80,350 136,419 124,540 80,931
Net income per common share(1) ..................... 0.68 1.15 1.06 0.69
(1) Figures represent diluted earnings per share. The sum of the quarterly net income per common share may
not equal the annual net income per common share due to rounding.
(2) The second quarter of fiscal 2013 included 14 weeks compared to 13 weeks in the second quarter of fiscal
2012. The extra week in the second quarter of fiscal 2013 contributed approximately $189 million in net
sales and $0.07 of earnings per diluted share.
(3) The fourth quarter of fiscal 2013 includes a one-time $5.0 million favorable accounting adjustment related
to certain vendor allowances.
18. Related Party Transactions:
There were no material related party transactions during fiscal 2013, fiscal 2012 or fiscal 2011.
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