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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 27, 2017
May 28, 2016
Net sales $ 2,742,141 $ 2,738,084
Cost of sales 1,742,026 1,714,492
Gross profit 1,000,115 1,023,592
Selling, general and administrative expenses 853,104 810,566
Operating profit 147,011 213,026
Interest expense, net 16,580 16,315
Earnings before provision for income taxes 130,431 196,711
Provision for income taxes 55,148 74,092
Net earnings $ 75,283 $ 122,619
Net earnings per share - Basic (in dollars per share) $ 0.53 $ 0.81
Net earnings per share - Diluted (in dollars per share) $ 0.53 $ 0.80
Weighted average shares outstanding - Basic (in shares) 141,331 152,157
Weighted average shares outstanding - Diluted (in shares) 142,141 153,752
Dividends declared per share (in dollars per share) $ 0.15 $ 0.125