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SUPPLEMENTAL INFORMATION (UNAUDITED)
12 Months Ended
Oct. 29, 2017
SUPPLEMENTAL INFORMATION (UNAUDITED)  
SUPPLEMENTAL INFORMATION (UNAUDITED)

29. SUPPLEMENTAL INFORMATION (UNAUDITED)

Common stock per share sales prices from New York Stock Exchange composite transactions quotations follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

 

 

  

Quarter

  

Quarter

  

Quarter

  

Quarter

 

2017 Market price

 

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

108.06

 

$

113.15

 

$

128.91

 

$

133.25

 

Low

 

$

88.06

 

$

107.05

 

$

110.79

 

$

115.44

 

2016 Market price

 

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

80.19

 

$

85.68

 

$

87.48

 

$

88.09

 

Low

 

$

71.78

 

$

74.58

 

$

77.71

 

$

76.83

 

 

At October 29, 2017, there were 21,242 holders of record of the company’s $1 par value common stock.

Quarterly information with respect to net sales and revenues and earnings is shown in the following schedule. The company’s fiscal year ends in October and its interim periods (quarters) end in January, April, and July. Such information is shown in millions of dollars except for per share amounts.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

 

 

  

Quarter

  

Quarter

  

Quarter

  

Quarter

 

2017*

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales and revenues

 

$

5,625

 

$

8,287

 

$

7,808

 

$

8,018

 

Net sales

 

 

4,698

 

 

7,260

 

 

6,833

 

 

7,094

 

Gross profit

 

 

901

 

 

1,815

 

 

1,568

 

 

1,668

 

Income before income taxes

 

 

328

 

 

1,169

 

 

890

 

 

767

 

Net income attributable to Deere & Company**

 

 

199

 

 

808

 

 

642

 

 

510

 

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic**

 

 

.63

 

 

2.53

 

 

2.00

 

 

1.59

 

Diluted**

 

 

.62

 

 

2.50

 

 

1.97

 

 

1.57

 

Dividends declared

 

 

.60

 

 

.60

 

 

.60

 

 

.60

 

Dividends paid

 

 

.60

 

 

.60

 

 

.60

 

 

.60

 

2016*

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales and revenues

 

$

5,525

 

$

7,875

 

$

6,724

 

$

6,520

 

Net sales

 

 

4,769

 

 

7,107

 

 

5,861

 

 

5,650

 

Gross profit

 

 

929

 

 

1,575

 

 

1,367

 

 

1,267

 

Income before income taxes

 

 

351

 

 

733

 

 

705

 

 

435

 

Net income attributable to Deere & Company

 

 

254

 

 

496

 

 

489

 

 

285

 

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

.80

 

 

1.57

 

 

1.55

 

 

.91

 

Diluted

 

 

.80

 

 

1.56

 

 

1.55

 

 

.90

 

Dividends declared

 

 

.60

 

 

.60

 

 

.60

 

 

.60

 

Dividends paid

 

 

.60

 

 

.60

 

 

.60

 

 

.60

 

Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year.

*    See Note 5 for “Special Items.”

**  Presents restated first and second quarter values for the adoption of FASB ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting. Net income attributable to Deere & Company was $194 million and $802 million, respectively. Adjustments to basic and diluted per share data were not significant.