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Quarterly Summary
12 Months Ended
Aug. 30, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Summary

Note S – Quarterly Summary (1)

(Unaudited)

 

     Twelve Weeks Ended      Sixteen
Weeks Ended
 

(in thousands, except per share data)

   November 23,
2013
     February 15,
2014
     May 10,
2014
     August 30,
2014(2)
 

Net sales

   $ 2,093,578       $ 1,990,494       $ 2,341,545       $ 3,049,696   

Gross profit

     1,085,697         1,037,035         1,216,958         1,595,216   

Operating profit

     383,726         337,344         478,952         630,201   

Income before income taxes

     341,295         297,854         442,790         580,775   

Net income

     218,087         192,830         285,157         373,671   

Basic earnings per share

     6.39         5.73         8.62         11.50   

Diluted earnings per share

     6.29         5.63         8.46         11.28   

 

     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   

 

(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 2014 is based on a 16-week period while fiscal 2013 is based on a 17-week period. All other quarters presented are based on a 12-week period.