Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
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(In thousands, except per share amounts)
Statement of Earnings Data
| Years ended April 30, | ||||||||||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||||||
| Total revenue | $ | 5,635,240 | $ | 4,637,087 | $ | 4,690,525 | $ | 4,843,259 | $ | 4,047,062 | ||||||||||||||||||||
| Cost of goods sold | 4,754,173 | 3,844,735 | 3,966,919 | 4,155,493 | 3,461,613 | |||||||||||||||||||||||||
| Gross profit | 881,067 | 792,352 | 723,606 | 687,766 | 585,449 | |||||||||||||||||||||||||
| Operating expenses | 607,628 | 526,291 | 504,449 | 476,211 | 414,904 | |||||||||||||||||||||||||
| Depreciation and amortization | 82,355 | 73,546 | 69,451 | 67,893 | 64,320 | |||||||||||||||||||||||||
| Interest, net | 28,497 | 10,933 | 10,626 | 9,792 | 11,184 | |||||||||||||||||||||||||
| Loss on early retirement of debt | 11,350 | -------- | -------- | -------- | -------- | |||||||||||||||||||||||||
| Earnings before income taxes | 151,237 | 181,582 | 139,080 | 133,870 | 95,041 | |||||||||||||||||||||||||
| Federal and state income taxes | 56,614 | 64,620 | 53,390 | 48,979 | 33,150 | |||||||||||||||||||||||||
| Net earnings | $ | 94,623 | $ | 116,962 | $ | 85,690 | $ | 84,891 | $ | 61,891 | ||||||||||||||||||||
| Basic earnings per common share | $ | 2.24 | $ | 2.30 | $ | 1.69 | $ | 1.68 | $ | 1.23 | ||||||||||||||||||||
| Diluted earnings per common share | $ | 2.22 | $ | 2.29 | $ | 1.68 | $ | 1.67 | $ | 1.22 | ||||||||||||||||||||
| Weighted average number of common shares outstanding—basic | 42,285 | 50,899 | 50,787 | 50,681 | 50,468 | |||||||||||||||||||||||||
| Weighted average number of common shares outstanding—diluted | 42,567 | 51,053 | 50,917 | 50,859 | 50,668 | |||||||||||||||||||||||||
| Dividends paid per common share | $ | 0.505 | $ | 0.34 | $ | 0.30 | $ | 0.26 | $ | 0.20 | ||||||||||||||||||||
| Balance Sheet Data | ||||||||||||||||||||||||||||||
| As of April 30, | ||||||||||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||||||
| Current assets | $ | 293,887 | $ | 310,085 | $ | 284,727 | $ | 313,256 | $ | 240,619 | ||||||||||||||||||||
| Total assets | 1,610,955 | 1,388,775 | 1,262,695 | 1,219,200 | 1,129,271 | |||||||||||||||||||||||||
| Current liabilities | 294,500 | 240,886 | 221,243 | 259,099 | 234,267 | |||||||||||||||||||||||||
| Long-term debt, net of current maturities | 678,680 | 154,754 | 167,887 | 181,443 | 199,504 | |||||||||||||||||||||||||
| Shareholders’ equity | 403,896 | 824,319 | 721,030 | 647,472 | 572,264 |
Table of Contents
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