Ross 2009 Annual Report Download - page 36

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— 34 —
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Consolidated Statements of Earnings
Year ended Year ended Year ended
($000, except per share data) January 30, 2010 January 31, 2009 February 2, 2008
Sales $ 7,184,213 $ 6,486,139 $ 5,975,212
Costs and Expenses
Costs of goods sold 5,327,278 4,956,576 4,618,220
Selling, general and administrative 1,130,813 1,034,357 935,901
Interest expense (income), net 7,593 (157) (4,029)
Total costs and expenses 6,465,684 5,990,776 5,550,092
Earnings before taxes 718,529 495,363 425,120
Provision for taxes on earnings 275,772 189,922 164,069
Net earnings $ 442,757 $ 305,441 $ 261,051
Earnings per share
Basic $ 3.60 $ 2.36 $ 1.93
Diluted $ 3.54 $ 2.33 $ 1.90
Weighted average shares outstanding (000)
Basic 122,887 129,235 135,093
Diluted 125,014 131,315 137,142
Dividends
Cash dividends declared per share $ 0.490 $ 0.395 $ 0.320
The accompanying notes are an integral part of these consolidated financial statements.