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Summary of Quarterly Results
12 Months Ended
Apr. 28, 2012
Summary of Quarterly Results

16. Quarterly Results (unaudited)

Quarterly results are determined in accordance with the accounting policies used for annual data and include certain items based upon estimates for the entire year. All fiscal quarters include results for 13 weeks, except for the quarter ended July 31, 2011, which included 14 weeks. The following table summarizes results for fiscal 2012 and 2011.

 

     Quarter Ended  
     Apr. 28,
2012
     Jan. 28,
2012
     Oct. 29,
2011
     July 30,
2011
 

Net sales

   $ 936,334       $ 895,030       $ 856,875       $ 847,422   

Gross profit

     313,721         289,534         280,983         278,276   

Operating income

     102,851         89,906         83,259         81,993   

Net income

     62,143         53,108         48,954         48,610   

Earnings per share—basic

   $ 0.59       $ 0.50       $ 0.43       $ 0.42   

Earnings per share—diluted

   $ 0.58       $ 0.50       $ 0.43       $ 0.42   

 

     Quarter Ended  
     Apr. 30,
2011
     Jan. 29,
2011
     Oct. 30,
2010
     July 31,
2010
 

Net sales

   $ 883,819       $ 824,650       $ 857,414       $ 849,787   

Gross profit

     303,949         280,875         279,201         280,200   

Operating income

     104,125         92,707         90,152         89,024   

Net income

     62,707         55,396         53,357         53,925   

Earnings per share—basic

   $ 0.52       $ 0.47       $ 0.45       $ 0.45   

Earnings per share—diluted

   $ 0.52       $ 0.47       $ 0.45       $ 0.45