Quarterly Financial Information [Text Block] |
Note 17. Selected Quarterly Financial Information (Unaudited) A summary of quarterly financial information for Fiscal 2019 and Fiscal 2018 is as follows: | | | | | | | | | | | | | | | | | | | | | | Fiscal 2019 Quarterly Period Ended | | July 28, 2018 | | October 27, 2018 | | January 26, 2019 | | April 27, 2019 | | Fiscal Year 2019 | Sales | | $ | 337,484 |
| | $ | 814,766 |
| | $ | 548,008 |
| | $ | 334,385 |
| | $ | 2,034,643 |
| Gross profit | | $ | 66,610 |
| | $ | 210,760 |
| | $ | 132,953 |
| | $ | 117,403 |
| | $ | 527,726 |
| Net (loss) income | | $ | (38,622 | ) | | $ | 59,697 |
| | $ | 769 |
| | $ | (46,218 | ) | | $ | (24,374 | ) | Basic (loss) earnings per common share: | | | | | | | | | | | Net (loss) income | | $ | (0.82 | ) | | $ | 1.26 |
| | $ | 0.02 |
| | $ | (0.97 | ) | | $ | (0.52 | ) | Diluted (loss) earnings per common share: | | | | | | | | | | | Net (loss) income | | $ | (0.82 | ) | | $ | 1.25 |
| | $ | 0.02 |
| | $ | (0.97 | ) | | $ | (0.52 | ) |
| | | | | | | | | | | | | | | | | | | | | | Fiscal 2018 Quarterly Period Ended | | July 29, 2017 | | October 28, 2017 (a) | | January 27, 2018 | | April 28, 2018 | | Fiscal Year 2018 | Sales | | $ | 355,711 |
| | $ | 886,861 |
| | $ | 603,391 |
| | $ | 357,654 |
| | $ | 2,203,617 |
| Gross profit | | $ | 65,200 |
| | $ | 216,700 |
| | $ | 146,999 |
| | $ | 128,334 |
| | $ | 557,233 |
| Net (loss) income | | $ | (34,783 | ) | | $ | 48,395 |
| | $ | (283,235 | ) | | $ | 17,057 |
| | $ | (252,566 | ) | Basic (loss) earnings per common share: | | | | | | | | | | | Net (loss) income | | $ | (0.75 | ) | | $ | 1.04 |
| | $ | (6.04 | ) | | $ | 0.36 |
| | $ | (5.40 | ) | Diluted (loss) earnings per common share: | | | | | | | | | | | Net (loss) income | | $ | (0.75 | ) | | $ | 1.03 |
| | $ | (6.04 | ) | | $ | 0.36 |
| | $ | (5.40 | ) |
| | (a) | We acquired Student Brands, LLC on August 3, 2017. The consolidated financial statements for the 52 weeks ended April 28, 2018 include the financial results of Student Brands from the acquisition date, August 3, 2017, to April 28, 2018. |
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