Ross 2015 Annual Report Download - page 44

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42
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Consolidated Statements of Earnings
Year Ended
Year Ended
Year Ended
($000, except per share data)
January 30, 2016
January 31, 2015
February 1, 2014
Sales
11,939,999
$
11,041,677
10,230,353
Costs and Expenses
Cost of goods sold
8,576,873
7,937,956
7,360,924
Selling, general and administrative
1,738,755
1,615,371
1,526,366
Interest expense (income), net
12,612
2,984
(247
)
Total costs and expenses
10,328,240
9,556,311
8,887,043
Earnings before taxes
1,611,759
1,485,366
1,343,310
Provision for taxes on earnings
591,098
560,642
506,006
Net earnings
1,020,661
$
924,724
837,304
Earnings per share
Basic
2.53
$
2.24
1.97
Diluted
2.51
$
2.21
1.94
Weighted average shares outstanding (000)
Basic
403,034
413,553
425,761
Diluted
406,405
418,077
431,610
The accompanying notes are an integral part of these consolidated financial statements.
Consolidated Statements of Comprehensive Income
Year Ended
Year Ended
Year Ended
($000)
January 30, 2016
January 31, 2015
February 1, 2014
Net earnings
1,020,661
924,724
837,304
Other comprehensive income (loss):
Change in unrealized loss on investments, net of tax
(148
)
(59
)
(196
)
Comprehensive income
1,020,513
924,665
837,108
The accompanying notes are an integral part of these consolidated financial statements.