XML 140 R35.htm IDEA: XBRL DOCUMENT v3.20.1
QUARTERLY INFORMATION (unaudited) (Tables)
 12 Months Ended
Feb. 29, 2020
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
The summarized quarterly financial data presented below reflects all adjustments, which in the opinion of management, are of a normal and recurring nature and are necessary for a fair statement of the results for the interim periods presented (in millions):
                                         
 
Fiscal 2019
 
 
53
Weeks
 
  
Last 13
Weeks
 
  
Third 12
Weeks
 
  
Second 12
Weeks
 
  
First 16
Weeks
 
Net sales and other revenue
  $
62,455.1
     $
15,436.8
     $
14,103.2
     $
14,176.7
     $
18,738.4
  
Gross profit
   
17,594.2
      
4,418.0
      
3,995.1
      
3,941.5
      
5,239.6
  
Operating income
   
1,437.1
      
326.6
      
206.6
      
582.4
      
321.5
  
Income before income taxes
   
599.2
      
90.1
      
67.7
      
376.7
      
64.7
  
Income tax expense
   
132.8
      
22.3
      
12.9
      
81.9
      
15.7
  
                                         
Net income
  $
466.4
     $
67.8
     $
54.8
     $
294.8
     $
49.0
  
                                         
Basic and diluted net income per common share
 
$
1.67
 
 
$
0.24
 
 
$
0.20
 
 
$
1.05
 
 
$
0.18
 
 
 
 
 
 
 
 
                                         
 
Fiscal 2018
 
 
52
Weeks
 
  
Last 12
Weeks
 
  
Third 12
Weeks
 
  
Second 12
Weeks
 
  
First 16
Weeks
 
Net sales and other revenue
  $
60,534.5
     $
14,016.6
     $
13,840.4
     $
14,024.1
     $
18,653.4
  
Gross profit
   
16,894.6
      
4,058.7
      
3,852.4
      
3,812.8
      
5,170.7
  
Operating income
   
787.3
      
288.4
      
174.4
      
131.4
      
193.1
  
Income (loss) before income taxes
   
52.2
      
137.0
      
(19.8
 )    
(44.3
 )    
(20.7
 )
Income tax (benefit) expense
   
(78.9
 )    
1.4
      
(65.4
 )    
(11.9
 )    
(3.0
 )
                                         
Net income (loss)
  $
131.1
     $
135.6
     $
45.6
     $
(32.4
 )   $
(17.7
 )
                                         
Basic and diluted net income (loss) per common share
 
$
0.47
 
 
$
0.49
 
 
$
0.16
 
 
$
(0.12
)
 
$
(0.06
)