Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada. It also operates Circle K shops in the United States. CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) Revenues 2019 $21,000.0 Cost of sales 17,759.7 Gross profit 3,240.3 2018 $20,590.0 17,612.7 2,977.3 2017 $17,310.0 14,441.7 2,868.3 Operating, selling, administrative, and general expenses Restructuring costs 2,461.2 2,330.8 2,165.5 11.3 57.9 9.1 (Gain) loss on disposal of property and equipment and other assets (21.5) (17.9) 8.1 Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 239.4 226.5 188.7 Total operating expenses 2,690.4 2,597.3 2,371.4 Operating income 549.9 380.0 496.9 Share of earnings of joint ventures and associated companies accounted for using the equity method 50.4 78.2 12.2 Net financial expenses 100.2 110.2 72.7 Earnings before income taxes 500.1 348.0 436.4 Income taxes Net earnings 151.2 88.5 70.1 $ 348.9 259.5 $ 366.3