Office Depot 2001 Annual Report Download - page 37

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35
2001 2000 1999
Sales $11,154,081 $11,569,696 $10,272,060
Cost of goods sold and occupancy costs 7,983,973 8,479,437 7,450,575
Gross profit 3,170,108 3,090,259 2,821,485
Store and warehouse operating and selling expenses 2,343,394 2,409,478 2,023,055
General and administrative expenses 451,722 453,784 328,108
Facility closure costs 8,436 110,038 40,425
Other operating expenses 12,125 6,733 16,524
Operating profit 354,431 110,226 413,373
Other income (expense):
Interest income 13,058 11,502 30,176
Interest expense (44,302) (33,901) (26,148)
Miscellaneous income (expense), net (9,057) 4,632 (3,514)
Earnings before income taxes 314,130 92,459 413,887
Income taxes 113,087 43,127 156,249
Net earnings $ 201,043 $ 49,332 $ 257,638
Earnings per share:
Basic $ .67 $ .16 $ .71
Diluted .66 .16 .69
The accompanying notes are an integral part of these statements.
Office Depot, Inc.
Consolidated Statements of Earnings
(In thousands, except per share amounts)