Interim Financial Information

12 Months Ended

Jan. 31, 2012

Interim Financial Information [Abstract]

Interim Financial Information

NOTE 15 — INTERIM FINANCIAL INFORMATION (UNAUDITED)

Interim financial information for fiscal years 2012 and 2011 is as follows:

	Quarter ended
	April 30		July 31		October 31		January 31
	(In thousands, except per share amounts)
Fiscal year 2012:
Net sales	$	6,332,128	$	6,449,461	$	6,593,983	$	7,112,552
Gross profit	$	333,462	$	340,838	$	344,747	$	374,944
Consolidated net income	$	48,720	$	51,756	$	57,163	$	59,209
Net income attributable to shareholders of Tech Data Corporation	$	48,701	$	50,107	$	53,519	$	54,069
Net income per share attributable to shareholders of Tech Data Corporation:
Basic	$	1.04	$	1.11	$	1.27	$	1.31
Diluted	$	1.03	$	1.10	$	1.26	$	1.29

	Quarter ended
	April 30		July 31		October 31		January 31
	(In thousands, except per share amounts)
Fiscal year 2011:
Net sales	$	5,621,055	$	5,473,961	$	6,163,762	$	7,117,195
Gross profit	$	292,803	$	287,537	$	324,202	$	378,746
Consolidated net income	$	45,644	$	40,832	$	51,163	$	81,224
Net income attributable to shareholders of Tech Data Corporation	$	45,633	$	40,855	$	50,458	$	77,297
Net income per share attributable to shareholders of Tech Data Corporation:
Basic	$	0.89	$	0.82	$	1.08	$	1.66
Diluted	$	0.88	$	0.82	$	1.07	$	1.63

During the fourth quarter of fiscal 2012, the Company recorded a $28.3 million loss on disposal of subsidiaries related to the closure of the commercial operations in Brazil and Colombia, which decreased diluted earnings per share by $0.46 for the quarter ended January 31, 2012 (see also Note 6 – Loss on Disposal of Subsidiaries).