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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Jul. 30, 2011
QUARTERLY FINANCIAL DATA (UNAUDITED)  
QUARTERLY FINANCIAL DATA (UNAUDITED)

(16) QUARTERLY FINANCIAL DATA (UNAUDITED)

        The following table sets forth certain key interim financial information for the years ended July 30, 2011 and July 31, 2010:

 
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  Full Year  
 
  (In thousands except per share data)
 

2011

                               

Net sales

  $ 1,052,967   $ 1,114,449   $ 1,203,983   $ 1,158,616   $ 4,530,015  

Gross profit

    192,332     198,632     218,544     215,302     824,810  

Income before income taxes

    28,531     30,703     38,937     28,264     126,435  

Net income

    17,404     18,729     23,362     17,178     76,673  

Per common share income

                               

Basic:

  $ 0.39   $ 0.39   $ 0.48   $ 0.36   $ 1.62  

Diluted:

  $ 0.39   $ 0.39   $ 0.48   $ 0.34   $ 1.60  

Weighted average basic

                               
 

Shares outstanding

    44,771     48,232     48,406     48,484     47,459  

Weighted average diluted

                               
 

Shares outstanding

    45,101     48,538     48,793     48,888     47,815  

Market Price

                               
 

High

  $ 37.48   $ 39.85   $ 46.05   $ 45.34   $ 46.05  
 

Low

  $ 32.65   $ 34.78   $ 37.06   $ 39.52   $ 32.65  

 

 
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  Full Year  
 
  (In thousands except per share data)
 

2010

                               

Net sales

  $ 884,768   $ 898,217   $ 985,694   $ 988,460   $ 3,757,139  

Gross profit

    164,601     166,606     182,407     183,317     696,931  

Income before income taxes

    25,888     26,099     32,480     27,535     112,002  

Net income

    15,533     15,660     19,488     17,640     68,321  

Per common share income

                               

Basic:

  $ 0.36   $ 0.36   $ 0.45   $ 0.41   $ 1.58  

Diluted:

  $ 0.36   $ 0.36   $ 0.45   $ 0.40   $ 1.57  

Weighted average basic

                               
 

Shares outstanding

    42,982     43,024     43,245     43,483     43,184  

Weighted average diluted

                               
 

Shares outstanding

    43,211     43,315     43,536     43,813     43,425  

Market Price

                               
 

High

  $ 28.28   $ 29.35   $ 31.35   $ 35.12   $ 35.12  
 

Low

  $ 23.03   $ 23.29   $ 24.71   $ 28.92   $ 23.03