Quarterly Results (unaudited)

12 Months Ended

Apr. 26, 2014

Quarterly Financial Information Disclosure [Abstract]

17. 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. The following table summarizes results for fiscal 2014 and 2013.


	Quarter Ended
	Apr. 26, 2014		Jan. 25, 2014		Oct. 27, 2013		July 28, 2013
Net sales	$	1,102,077	$	1,082,679	$	998,834	$	880,125
Gross profit		315,868		311,461		289,431		281,518
Operating income		92,601		96,651		75,223		81,281

Net income		55,671		57,021		42,028		45,892

Earnings per share – basic	$	0.56	$	0.56	$	0.42	$	0.45
Earnings per share – diluted	$	0.55	$	0.56	$	0.41	$	0.45


	Quarter Ended
	Apr. 27, 2013		Jan. 26, 2013		Oct. 27, 2012		July 28, 2012
Net sales	$	964,933	$	915,861	$	867,193	$	889,225
Gross profit		324,177		300,293		280,599		285,700
Operating income		104,456		89,538		77,869		82,592

Net income		63,562		53,630		45,542		47,538

Earnings per share – basic	$	0.63	$	0.53	$	0.44	$	0.45
Earnings per share – diluted	$	0.62	$	0.52	$	0.44	$	0.45

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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