XML 22 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 26, 2011
Nov. 27, 2010
Nov. 26, 2011
Nov. 27, 2010
Net sales $ 282,011 $ 260,935 $ 912,999 $ 844,403
Cost of sales (including occupancy costs) 191,002 179,056 602,393 568,785
Gross profit 91,009 81,879 310,606 275,618
Selling, general and administrative expenses 83,067 75,278 241,818 219,835
Store closing costs 368 87 965 87
Operating income 7,574 6,514 67,823 55,696
Interest income, net 109 151 390 370
Income from continuing operations before income taxes 7,683 6,665 68,213 56,066
Income tax expense 2,135 2,531 25,329 21,459
Income from continuing operations 5,548 4,134 42,884 34,607
Loss from discontinued operations, net of income taxes   (12)   (25)
Net income $ 5,548 $ 4,122 $ 42,884 $ 34,582
Income per basic share:        
Income from continuing operations $ 0.11 $ 0.08 $ 0.81 $ 0.64
Loss from discontinued operations            
Net income $ 0.11 $ 0.08 $ 0.81 $ 0.64
Basic weighted average shares 51,338 52,587 52,267 53,109
Income per diluted share:        
Income from continuing operations $ 0.11 $ 0.08 $ 0.80 $ 0.63
Loss from discontinued operations            
Net income $ 0.11 $ 0.08 $ 0.80 $ 0.63
Diluted weighted average shares 52,082 53,351 53,076 53,878
Dividends declared per share $ 0.05 $ 0.04 $ 0.15 $ 0.12