Weighted average common shares for diluted earnings per share calculation (in thousands) (3)
1,259,252
1,292,209
1,328,864
1,366,502
1,407,090
Diluted earnings per share(3)
$
2.43
$
2.02
$
1.73
$
1.67
$
1.57
Cash dividends declared per share(3)
$
0.78
$
0.625
$
0.52
$
0.42
$
0.35
Balance sheet data:
Cash and cash equivalents
$
3,030
$
2,758
$
2,930
$
2,095
$
2,494
Working capital
$
2,938
$
3,360
$
2,993
$
2,370
$
2,648
Total assets
$
14,326
$
14,058
$
12,884
$
11,490
$
10,978
Capital expenditures
$
1,125
$
1,058
$
1,025
$
889
$
912
Long-term obligations(4)
$
2,234
$
2,231
$
2,228
$
1,615
$
1,613
Shareholders’ equity
$
5,049
$
5,148
$
4,511
$
4,307
$
4,264
Other financial data:
After-tax return on average shareholders’ equity
60.1
%
54.0
%
52.1
%
53.1
%
52.2
%
Total debt as a percentage of total capitalization(5)
30.7
%
30.2
%
33.1
%
27.3
%
27.4
%
Stores in operation
4,306
4,070
3,812
3,614
3,395
Selling square footage (in thousands)
91,075
87,548
83,798
80,480
76,537
(1)
Fiscal 2019 and Fiscal 2017 include a pension settlement charge and Fiscal 2017 includes a loss on early extinguishment of debt.
(2)
Fiscal 2018 includes an impairment charge of $99.3 million and a net benefit from the enactment of the 2017 Tax Act described in Item 7 under “Tax Cuts and Jobs Act of 2017.”
(3)
Fiscal 2018 and prior periods have been restated to reflect the two-for-one stock split completed in November 2018.
(4)
Defined as long-term debt, exclusive of current installments.
(5)
Defined as shareholders’ equity, short-term debt, and long-term debt including current maturities.
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