Dollar General 2005 Annual Report Download - page 15

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11
SELECTED FINANCIAL DATA
The following table sets forth selected consolidated financial information for each of the five most recent fiscal
years. This information should be read in conjunction with the Consolidated Financial Statements and the notes thereto
and Management’s Discussion and Analysis of Financial Condition and Results of Operations.
February 3, January 28, January 30, January 31, February 1,
(In thousands, except per share and operating data) 2006(a) 2005 2004 2003 2002
Summary of Operations:
Net sales $ 8,582,237 $ 7,660,927 $ 6,871,992 $ 6,100,404 $ 5,322,895
Gross profit $ 2,464,824 $ 2,263,192 $ 2,018,129 $ 1,724,266 $ 1,509,412
Penalty expense and litigation
settlement (proceeds) $–$ – $ 10,000 $ (29,541) $ –
Income before income taxes $ 544,642 $ 534,757 $ 476,523 $ 410,337 $ 322,174
Net income $ 350,155 $ 344,190 $ 299,002 $ 262,351 $ 203,874
Net income as a % of sales 4.1% 4.5% 4.4% 4.3% 3.8%
Per Share Results:
Basic earnings per share $ 1.09 $ 1.04 $ 0.89 $ 0.79 $ 0.61
Diluted earnings per share $ 1.08 $ 1.04 $ 0.89 $ 0.78 $ 0.61
Cash dividends per share
of common stock $ 0.175 $ 0.160 $ 0.140 $ 0.128 $ 0.128
Weighted average diluted shares 324,133 332,068 337,636 335,050 335,017
Financial Position:
Total assets $ 2,992,187 $ 2,841,004 $ 2,621,117 $ 2,303,619 $ 2,526,481
Long-term obligations $269,962 $258,462 $ 265,337 $ 330,337 $ 339,470
Shareholders’ equity $ 1,720,795 $ 1,684,465 $ 1,554,299 $ 1,267,445 $ 1,023,690
Return on average assets (b) 12.1% 12.7% 12.3% 10.9% 8.6%
Return on average equity (b) 20.9%22.1% 21.4% 23.2% 22.2%
Operating Data:
Retail stores at end of period 7,929 7,320 6,700 6,113 5,540
Year-end selling square feet 54,753,000 50,015,000 45,354,000 41,201,000 37,421,000
Highly consumable sales 65.3%63.0% 61.2% 60.2% 58.0%
Seasonal sales 15.7% 16.5% 16.8% 16.3% 16.7%
Home products sales 10.6% 11.5% 12.5% 13.3% 14.4%
Basic clothing sales 8.4% 9.0% 9.5% 10.2% 10.9%
(a) The fiscal year ended February 3, 2006 is comprised of 53 weeks.
(b) Average assets or equity, as applicable, is calculated using the fiscal year-end balance and the four preceding fiscal quarter-end balances.