Petsmart 2007 Annual Report Download - page 80
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Year Ended January 28, 2007 (52 weeks)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
(13 weeks) (13 weeks) (13 weeks)(13 weeks)
(In thousands, except per share data)
Net sales .......................... $1,011,529 $1,020,609 $1,034,810 $1,166,909
Gross profit ........................ $ 310,080 $ 304,847 $ 308,609 $ 384,234
Operating income .................... $ 74,679 $ 61,980 $ 56,462 $ 128,713
Income before income tax expense and
equity in income from investee ........ $ 67,946 $ 52,660 $ 49,543 $ 119,968
Net income ........................ $ 41,764 $ 34,630 $ 31,728 $ 76,947
Basic earning per common share ........ $ 0.30 $ 0.25 $ 0.23 $ 0.58
Diluted earning per common share ....... $ 0.30 $ 0.25 $ 0.23 $ 0.56
Dividends declared per common share .... $ 0.03 $ 0.03 $ 0.03 $ 0.03
Weighted average shares outstanding:
Basic ........................... 137,449 137,667 135,041 133,188
Diluted.......................... 141,088 141,237 138,714 136,928
F-30
PetSmart, Inc. and Subsidiaries
Notes to Consolidated Financial Statements — (Continued)