Quarterly Financial Data (Unaudited)

12 Months Ended

Aug. 02, 2019

Quarterly Financial Data (Unaudited) [Abstract]

Quarterly Financial Data (Unaudited)

17. Quarterly Financial Data (Unaudited)

Quarterly financial data for 2019 and 2018 are summarized as follows:

	1st Quarter		2nd Quarter(a)		3rd Quarter		4th Quarter(b)
2019
Total revenue	$	733,543	$	811,707	$	739,603	$	787,098
Store operating income		100,613		112,935		102,210		119,912
Income before income taxes		57,329		72,534		60,974		75,519
Net income		47,207		60,755		50,414		65,025
Net income per share – basic		1.97		2.53		2.10		2.70
Net income per share – diluted		1.96		2.52		2.09		2.70
2018
Total revenue	$	710,368	$	787,771	$	721,413	$	810,893
Store operating income		107,731		112,686		98,718		118,213
Income before income taxes		67,220		72,994		59,715		78,494
Net income		46,380		91,139		48,747		61,354
Net income per share – basic		1.93		3.80		2.03		2.56
Net income per share – diluted		1.92		3.79		2.03		2.55

(a) The Company recorded a provisional tax benefit for the re-measurement of deferred tax liabilities of $27,032 and $2,500 for long-term and short-term liabilities in the second quarter of fiscal 2018 as a result of the Tax Act.

(b) The Company’s fourth quarter of fiscal 2018 consisted of 14 weeks.