Dollar Tree 2014 Annual Report Download - page 55

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39
DOLLAR TREE, INC.
CONSOLIDATED INCOME STATEMENTS
Year Ended
January 31, February 1, February 2,
(in millions, except per share data) 2015 2014 2013
Net sales $ 8,602.2 $ 7,840.3 $ 7,394.5
Cost of sales 5,568.2 5,050.5 4,741.8
Gross profit 3,034.0 2,789.8 2,652.7
Selling, general and administrative
expenses 1,993.8 1,819.5 1,732.6
Operating income 1,040.2 970.3 920.1
Interest expense, net 80.1 15.4 2.8
Other (income) expense, net 5.9 0.6 (61.6)
Income before income taxes 954.2 954.3 978.9
Provision for income taxes 355.0 357.6 359.6
Net income $ 599.2 $ 596.7 $ 619.3
Basic net income per share $ 2.91 $ 2.74 $ 2.70
Diluted net income per share $ 2.90 $ 2.72 $ 2.68
See accompanying Notes to Consolidated Financial Statements