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Quarterly Summary
12 Months Ended
Aug. 29, 2015
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 22,
2014
     February 14,
2015
     May 9,
2015
     August 29,
2015(2)
 

Net sales

   $ 2,260,264       $ 2,143,651       $ 2,493,021       $ 3,290,404   

Gross profit

     1,176,661         1,120,033         1,302,789         1,727,548   

Operating profit

     408,562         361,269         513,949         669,272   

Income before income taxes

     371,502         326,733         482,170         622,207   

Net income

     238,310         211,723         309,071         401,137   

Basic earnings per share

     7.42         6.64         9.77         13.02   

Diluted earnings per share

     7.27         6.51         9.57         12.75   

 

     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   

 

(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 2015 and fiscal 2014 are based on a 16-week period. All other quarters presented are based on a 12-week period.