Ross 2010 Annual Report Download - page 34

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32
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Consolidated Statements of Earnings
Year ended Year ended Year ended
($000, except per share data) January 29, 2011 January 30, 2010 January 31, 2009
Sales $ 7,866,100 $ 7,184,213 $ 6,486,139
Costs and Expenses
Costs of goods sold 5,729,735 5,327,278 4,956,576
Selling, general and administrative 1,229,775 1,130,813 1,034,357
Interest expense (income), net 9,569 7,593 (157)
Total costs and expenses 6,969,079 6,465,684 5,990,776
Earnings before taxes 897,021 718,529 495,363
Provision for taxes on earnings 342,224 275,772 189,922
Net earnings $ 554,797 $ 442,757 $ 305,441
Earnings per share
Basic $ 4.71 $ 3.60 $ 2.36
Diluted $ 4.63 $ 3.54 $ 2.33
Weighted average shares outstanding (000)
Basic 117,821 122,887 129,235
Diluted 119,902 125,014 131,315
Dividends
Cash dividends declared per share $ 0.700 $ 0.490 $ 0.395
The accompanying notes are an integral part of these consolidated fi nancial statements.