Question
Using the Income statement and balance sheet below,what is the earnings per share and price/earnings ratio. Please highlight what line item was used for calculation
Using the Income statement and balance sheet below,what is the earnings per share and price/earnings ratio. Please highlight what line item was used for calculation
As Reported Annual Income Statement Report Date 2/2/2020 Currency USD Audit Status Not Qualified Consolidated Yes Scale Thousands Net sales 110,225,000 Cost of sales 72,653,000 Gross profit 37,572,000 Selling, general & administrative expenses 19,740,000 Depreciation & amortization expenses 1,989,000 Impairment loss - Total operating expenses 21,729,000 Operating income 15,843,000 Interest & investment income 73,000 Interest expense 1,201,000 Other interest & other income (expense) - Interest & other income (expense), net -1,128,000 Earnings (loss) before provision for income taxes - U.S. 13,770,000 Earnings (loss) before provision for income taxes - foreign 945,000 Earnings (loss) before provision for income taxes 14,715,000 Current federal provision (benefit) for income taxes 2,370,000 Current state provision (benefit) for income taxes 572,000 Current foreign provision (benefit) for income taxes 340,000 Total current provision (benefit) for income taxes 3,282,000 Deferred federal provision (benefit) for income taxes 259,000 Deferred state provision (benefit) for income taxes -72,000 Deferred foreign provision (benefit) for income taxes 4,000 Total deferred provision (benefit) for income taxes 191,000 Provision (benefit) for income taxes 3,473,000 Net earnings 11,242,000 Weighted average shares outstanding - basic 1,093,000 Weighted average shares outstanding - diluted 1,097,000 Year end shares outstanding 1,077,000 Net earnings (loss) per share - basic 10 Net earnings (loss) per share - diluted 10 Dividends per common share 5 Total number of employees 415,700 Number of common stockholders 121,000 Number of beneficiary stockholders 3,043,000 Foreign currency translation adjustments 53,000
Currency USD Audit Status Not Qualified Consolidated Yes Scale Thousands Cash & cash equivalents 2133000 Receivables, net 2106000 Merchandise inventories 14531000 Other current assets 1040000 Total current assets 19810000 Land 8390000 Buildings 18432000 Furniture, fixtures & equipment 13666000 Leasehold improvements 1789000 Construction in progress 1005000 Finance leases 1578000 Property & equipment, at cost 44860000 Less: accumulated depreciation & amortization 22090000 Net property & equipment 22770000 Operating lease right-of-use assets 5595000 Goodwill 2254000 Other assets 807000 Total assets 51236000 Short-term debt 974000 Accounts payable 7787000 Accrued salaries & related expenses 1494000 Sales taxes payable 605000 Deferred revenue 2116000 Income taxes payable 55000 Current installments of long-term debt 1839000 Current operating lease liabilities 828000 Other accrued expenses 2677000 Total current liabilities 18375000 Senior notes 29344000 Finance lease obligations 1165000 Total debt 30509000 Less: current installments 1839000 Long-term debt, excluding current installments 28670000 Long-term operating lease liabilities 5066000 Deferred income taxes 706000 Other long-term liabilities 1535000 Total liabilities 54352000 Common stock 89000 Paid-in capital 11001000 Retained earnings 51729000 Accumulated other comprehensive income (loss) -739000 Treasury stock 65196000 Total stockholders' equity (deficit) -3116000
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