XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 5 Months Ended
Feb. 10, 2018
Feb. 11, 2017
Feb. 10, 2018
Feb. 11, 2017
Income Statement [Abstract]        
Net sales $ 2,413,026 $ 2,289,219 $ 5,002,156 $ 4,757,065
Cost of sales, including warehouse and delivery expenses 1,135,980 1,083,683 2,359,263 2,249,988
Gross profit 1,277,046 1,205,536 2,642,893 2,507,077
Operating, selling, general and administrative expenses 1,071,948 821,567 1,969,041 1,664,206
Operating profit 205,098 383,969 673,852 842,871
Interest expense, net 39,340 34,198 78,229 67,504
Income before income taxes 165,758 349,771 595,623 775,367
Income taxes (123,772) 112,626 25,090 260,097
Net income $ 289,530 $ 237,145 $ 570,533 $ 515,270
Weighted average shares for basic earnings per share 27,355 28,606 27,496 28,779
Effect of dilutive stock equivalents 527 734 493 743
Weighted average shares for diluted earnings per share 27,882 29,340 27,989 29,522
Basic earnings per share $ 10.58 $ 8.29 $ 20.75 $ 17.90
Diluted earnings per share $ 10.38 $ 8.08 $ 20.38 $ 17.45