Ross 2015 Annual Report Download - page 63

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61
Note K: Quarterly Financial Data (Unaudited)
Summarized quarterly financial information for fiscal 2015 and 2014 is presented in the tables below.
Year ended January 30, 2016:
Quarter Ended
($000, except per share data)
May 2, 2015
August 1, 2015
October 31, 2015
January 30, 2016
Sales
$
2,938,148
$
2,968,270
$
2,782,855
$
3,250,726
Cost of goods sold
2,067,455
2,119,480
2,003,347
2,386,591
Selling, general and administrative
409,298
435,226
443,354
450,877
Interest expense, net
2,003
1,652
4,427
4,530
Total costs and expenses
2,478,756
2,556,358
2,451,128
2,841,998
Earnings before taxes
459,392
411,912
331,727
408,728
Provision for taxes on earnings
177,187
153,273
116,071
144,567
Net earnings
$
282,205
$
258,639
$
215,656
$
264,161
Earnings per share – basic1,2
$
0.69
$
0.64
$
0.54
$
0.66
Earnings per share – diluted1,2
$
0.69
$
0.63
$
0.53
$
0.66
Cash dividends declared per share
on common stock2
$
0.1175
$
0.1175
$
0.1175
$
0.1175
Stock price2
High
$
53.73
$
53.28
$
56.53
$
56.26
Low
$
45.93
$
47.79
$
47.22
$
44.81
1 EPS is computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in
average quarterly shares outstanding.
2 All per share amounts have been adjusted for the two-for-one stock split effective June 11, 2015.