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Quarterly Summary
12 Months Ended
Aug. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Summary

Note S – Quarterly Summary (1)

(Unaudited)

 

     Twelve Weeks Ended      Seventeen
Weeks Ended
 

(in thousands, except per share data)

   November 17,
2012
     February 9,
2013
     May 4,
2013
     August 31,
2013 (2)
 

Net sales

   $ 1,991,040       $ 1,855,198       $ 2,205,878       $ 3,095,414   

Gross profit

     1,031,866         961,981         1,142,713         1,604,376   

Operating profit

     363,276         317,571         456,030         636,220   

Income before income taxes

     322,172         276,248         413,939         575,324   

Net income

     203,452         176,247         265,583         371,199   

Basic earnings per share

     5.52         4.86         7.39         10.59   

Diluted earnings per share

     5.41         4.78         7.27         10.42   

 

     Twelve Weeks Ended      Sixteen
Weeks Ended
 

(in thousands, except per share data)

   November 19,
2011
     February 11,
2012
     May 5,
2012
     August 25,
2012 (2)
 

Net sales

   $ 1,924,341       $ 1,804,069       $ 2,111,866       $ 2,763,585   

Gross profit

     983,627         926,215         1,089,799         1,432,394   

Operating profit

     340,934         300,651         427,250         560,056   

Income before income taxes

     301,840         261,728         387,507         501,911   

Net income

     191,125         166,930         248,586         323,733   

Basic earnings per share

     4.79         4.25         6.43         8.65   

Diluted earnings per share

     4.68         4.15         6.28         8.46   

 

(1) The sum of quarterly amounts may not equal the annual amounts reported due to rounding. In addition, the earnings per share amounts are computed independently for each quarter while the full year is based on the annual weighted average shares outstanding.
(2) The fourth quarter for fiscal 2013 is based on a 17-week period while fiscal 2012 is based on a 16-week period. All other quarters presented are based on a 12-week period.