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HENRY SCHEIN, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(in thousands, except per share data)
96
Note 18 – Quarterly Information (Unaudited)
The following tables present certain quarterly financial data:
Quarters ended
March 30, June 29, September 28, December 28,
2013 (1) 2013 2013 (2) (3) 2013
N
et sales ...........................................................
.
$2,293,511 $ 2,391,810 $ 2,348,956 $2,526,370
Gross profit ......................................................
.
646,991 669,856 639,647 699,520
Operating income .............................................
.
153,629 176,065 160,477 186,883
N
et income .......................................................
.
98,686 121,435 116,372 134,969
Amounts attributable to
Henry Schein, Inc.:
N
et income .......................................................
.
91,478 108,430 107,378 124,268
Earnings per share attributable to
Henry Schein, Inc.:
Basic ...........................................................
.
$1.06 $ 1.26 $ 1.25 $1.46
Diluted ........................................................
.
1.03 1.23 1.23 1.43
          
 Quarters ended
March 31, June 30, September 29, December 29,
2012 (4) 2012 2012 2012
N
et sales ...........................................................
.
$2,099,019 $ 2,201,452 $ 2,231,058 $2,408,438
Gross profit ......................................................
.
610,579 624,395 609,044 663,495
Operating income .............................................
.
133,295 154,702 149,622 181,342
N
et income .......................................................
.
89,061 107,302 105,310 121,715
Amounts attributable to
Henry Schein, Inc.:
N
et income .......................................................
.
80,752 98,086 96,771 112,467
Earnings per share attributable to
Henry Schein, Inc.:
Basic ...........................................................
.
$0.92 $ 1.11 $ 1.11 $1.29
Diluted ........................................................
.
0.89 1.08 1.08 1.26
(1) See Note 5 - "Debt" for details of expenses related to the refinancing of HSAH debt incurred during the first quarter
of 2013.
(2) See Note 9 - "Business Acquisitions, Divestiture and Other Transaction" for details of the loss on sale of equity
investment incurred durin
g
the third
q
uarter of 2013.
(3) See Note 12 - "Incomes Taxes" for details of the reduction of our valuation allowance related to certain deferred tax
assets incurred durin
g
the third
q
uarter of 2013.
(4) See Note 10 - "Plans of Restructuring" for details of the restructuring costs incurred during the first quarter of 2012.