Ross 2005 Annual Report Download - page 39

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37
Item 8. Financial Statements and Supplementary Data
Consolidated Statements of Earnings
Year ended Year ended Year ended
($000, except per share data) January 28, 2006 January 29, 2005 January 31, 2004
Sales $4,944,179 $ 4,239,990 $ 3,920,583
Costs and expenses
Cost of goods sold 3,832,296 3,279,877 2,918,801
Selling, general and administrative 786,439 664,395 628,359
Impairment of long-lived assets –15,818 –
Interest (income) expense, net (2,898) 915 (262)
Total costs and expenses 4,615,837 3,961,005 3,546,898
Earnings before taxes 328,342 278,985 373,685
Provision for taxes on earnings 128,710 109,083 146,111
Net earnings $199,632 $ 169,902 $ 227,574
Earnings per share
Basic $1.38 $ 1.15 $ 1.50
Diluted $1.36 $ 1.13 $ 1.47
Weighted average shares outstanding (000)
Basic 144,325 147,468 152,165
Diluted 146,532 150,380 155,151
Dividends per share
Cash dividends declared per share $.220 $ .178 $ .129
The accompanying notes are an integral part of these consolidated financial statements.