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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Aug. 27, 2016
Aug. 29, 2015
Aug. 27, 2016
Aug. 29, 2015
Net sales $ 2,988,235,000 $ 2,995,469,000 $ 5,726,319,000 $ 5,733,964,000
Cost of sales 1,871,342,000 1,854,519,000 3,585,834,000 3,548,881,000
Gross profit 1,116,893,000 1,140,950,000 2,140,485,000 2,185,083,000
Selling, general and administrative expenses 835,920,000 790,756,000 1,646,486,000 1,561,620,000
Operating profit 280,973,000 350,194,000 493,999,000 623,463,000
Interest expense, net 18,199,000 25,053,000 34,514,000 44,954,000
Earnings before provision for income taxes 262,774,000 325,141,000 459,485,000 578,509,000
Provision for income taxes 95,439,000 123,463,000 169,531,000 218,380,000
Net earnings $ 167,335,000 $ 201,678,000 $ 289,954,000 $ 360,129,000
Net earnings per share - Basic (in dollars per share) $ 1.12 $ 1.22 $ 1.92 $ 2.16
Net earnings per share - Diluted (in dollars per share) $ 1.11 $ 1.21 $ 1.91 $ 2.13
Weighted average shares outstanding - Basic (in shares) 149,725 165,024 150,941 166,898
Weighted average shares outstanding - Diluted (in shares) 150,515 166,633 152,133 168,883
Dividends declared per share (in dollars per share) $ 0.125 $ 0.25