Big Lots 2015 Annual Report Download - page 150

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73
NOTE 16 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
Summarized fiscal quarterly financial data for 2015 and 2014 is as follows:
Fiscal Year 2015 First Second Third Fourth Year
(In thousands, except per share amounts) (a)
Net sales $ 1,280,455 $ 1,209,686 $ 1,116,474 $ 1,583,967 $ 5,190,582
Gross margin 504,116 475,834 440,007 647,229 2,067,186
Income (loss) from continuing operations 32,308 17,711 (1,703) 94,692 143,008
(Loss) income from discontinued operations (95)(75) 195 (160)(135)
Net income (loss) 32,213 17,636 (1,508) 94,532 142,873
Earnings (loss) per share - basic:
Continuing operations $ 0.61 $ 0.35 $ (0.03) $ 1.93 $ 2.83
Discontinued operations ———— —
$ 0.61 $ 0.35 $ (0.03) $ 1.93 $ 2.83
Earnings (loss) per share - diluted:
Continuing operations $ 0.60 $ 0.35 $ (0.03) $ 1.91 $ 2.81
Discontinued operations ———— —
$ 0.60 $ 0.34 $ (0.03) $ 1.91 $ 2.80
Fiscal Year 2014 First Second Third Fourth Year
(In thousands, except per share amounts) (a)
Net sales $ 1,281,271 $ 1,195,363 $ 1,107,095 $ 1,593,349 $ 5,177,078
Gross margin 493,556 469,527 430,942 649,929 2,043,954
Income (loss) from continuing operations 28,581 17,212 (3,115) 93,983 136,661
(Loss) income from discontinued operations (25,233) 2,726 (326) 448 (22,385)
Net income (loss) 3,348 19,938 (3,441) 94,431 114,276
Earnings (loss) per share - basic:
Continuing operations $ 0.50 $ 0.31 $ (0.06) $ 1.78 $ 2.49
Discontinued operations (0.44) 0.05 (0.01) 0.01 (0.41)
$ 0.06 $ 0.36 $ (0.06) $ 1.79 $ 2.08
Earnings (loss) per share - diluted:
Continuing operations $ 0.50 $ 0.31 $ (0.06) $ 1.76 $ 2.46
Discontinued operations (0.44) 0.05 (0.01) 0.01 (0.40)
$ 0.06 $ 0.36 $ (0.06) $ 1.77 $ 2.06
(a) Earnings per share calculations for each fiscal quarter are based on the applicable weighted-average shares outstanding for
each period and the sum of the earnings per share for the four fiscal quarters may not necessarily be equal to the full year
earnings per share amount.