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Quarterly Summary
12 Months Ended
Jan. 28, 2012
Quarterly Summary Disclosure [Abstract]  
Quarterly Summary
Quarterly Summary (Unaudited)
 
 
(In thousands, except per share amounts)
 
 
First
Quarter
 
Second
Quarter(1)
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year Ended January 28, 2012
 
 
 
 
 
 
 
 
Sales
 
$
6,172,938

 
$
5,819,612

 
$
6,569,927

 
$
6,459,715

Gross profit
 
1,636,393

 
1,540,380

 
1,832,781

 
1,732,274

Net income attributed to Staples, Inc.
 
198,245

 
176,438

 
326,380

 
283,593

Basic earnings per common share
 
$
0.28

 
$
0.25

 
$
0.47

 
$
0.41

Diluted earnings per share
 
$
0.28

 
$
0.25

 
$
0.47

 
$
0.41

 
 
 
First
Quarter(2)
 
Second
Quarter(3)
 
Third
Quarter(4)
 
Fourth
Quarter(5)
Fiscal Year Ended January 29, 2011
 
 
 
 
 
 
 
 
Sales
 
$
6,057,795

 
$
5,534,240

 
$
6,537,676

 
$
6,415,402

Gross profit
 
1,619,055

 
1,462,708

 
1,803,748

 
1,720,644

Net income attributed to Staples, Inc.
 
188,770

 
129,756

 
288,680

 
274,742

Basic earnings per common share
 
$
0.26

 
$
0.18

 
$
0.40

 
$
0.39

Diluted earnings per share
 
$
0.26

 
$
0.18

 
$
0.40

 
$
0.38


(1)
Results of operation for this period include a $20.8 million tax benefit related to a refund due to Corporate Express from the Italian government that was previously deemed uncollectible, which was recorded as a discrete item.
(2)
Results of operation for this period include a $13.1 million charge, net of taxes ($0.02 per diluted share) related to integration and restructuring costs.
(3)
Results of operation for this period include a $13.5 million charge, net of taxes ($0.02 per diluted share) related to integration and restructuring costs.
(4)
Results of operation for this period include a $5.6 million charge, net of taxes ($0.01 per diluted share) related to integration and restructuring costs.
(5)
Results of operation for this period include a $4.6 million charge, net of taxes ($0.01 per diluted share) related to integration and restructuring costs.