XML 15 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 31, 2011
Aug. 01, 2010
Jul. 31, 2011
Aug. 01, 2010
Condensed Consolidated Statements of Income and Comprehensive Income [Abstract]        
Merchandise sales $ 1,300,473 $ 1,216,682 $ 2,614,822 $ 2,450,277
Services sales 177,945 165,305 345,041 318,592
Other revenue 9,135 8,553 18,056 16,824
Net sales 1,487,553 1,390,540 2,977,919 2,785,693
Cost of merchandise sales 916,736 869,226 1,836,212 1,739,068
Cost of services sales 124,698 116,466 245,252 229,214
Cost of other revenue 9,135 8,553 18,056 16,824
Total cost of sales 1,050,569 994,245 2,099,520 1,985,106
Gross profit 436,984 396,295 878,399 800,587
Operating, general and administrative expenses 326,708 304,288 646,440 605,319
Operating income 110,276 92,007 231,959 195,268
Interest expense, net (14,255) (14,590) (28,702) (29,933)
Income before income tax expense and equity in income from Banfield 96,021 77,417 203,257 165,335
Income tax expense (37,624) (31,150) (76,530) (64,914)
Equity in income from Banfield 2,783 2,119 5,358 3,557
Net income 61,180 48,386 132,085 103,978
Other comprehensive (loss) income, net of income tax:        
Foreign currency translation adjustments (194) (695) 2,572 1,722
Other 5 0 13 0
Comprehensive income $ 60,991 $ 47,691 $ 134,670 $ 105,700
Earnings per common share:        
Basic $ 0.54 $ 0.41 $ 1.17 $ 0.88
Diluted $ 0.54 $ 0.41 $ 1.15 $ 0.87
Weighted average shares outstanding:        
Basic 112,396 117,079 112,972 117,528
Diluted 114,341 119,423 115,039 119,917