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INCOME STATEMENT 2004 2005 2006 CS % Ch.

REVENUE
Net Sales $47,148,627 $51,879,070 $58,963,180 100.00% 13.66%
Membership Fees 961,280 1,073,156 1,188,047 2.01% 10.71%
Total Revenue 48,109,907 52,952,226 60,151,227 102.01% 13.60%
OPERATING EXPENSES
Merchandise Costs 42,092,016 46,346,961 52,745,497 89.45% 13.81%
SG&A 4,600,792 5,061,339 5,732,141 9.72% 13.25%
Website expense - - - 0.00% #DIV/0!
Preopening Expenses 30,451 53,230 42,504 0.07% -20.15%
Impared Assets and Closing Costs 1,000 16,393 5,453 0.01% -66.74%
Total Operating Expenses 46,724,259 51,477,923 58,525,595 99.26% 13.69%
Operating Income 1,385,648 1,474,303 1,625,632 2.76% 10.26%
OTHER INCOME (EXPENSE)
Interest Expense (36,651) (34,437) (12,570) -0.02% -63.50%
Interest Income and Other 51,627 109,096 138,355 0.23% 26.82%
IBIT 1,400,624 1,548,962 1,751,457 2.97% 13.07%
Provisions For Income Taxes 518,231 485,870 648,202 1.10% 33.41%
NET INCOME 882,393 1,063,092 1,103,215 1.87% 3.77%
2007 CS % Ch. 2008 CS % Ch. 2009 CS
$66,900,400 100.00% 13.46% $78,146,500 100.00% 16.81% $88,915,800 100.00%
1,330,613 1.99% 12.00% 1,490,286 1.91% 12.00% 1,669,120 1.88%
68,231,013 101.99% 13.43% 79,636,786 101.91% 16.72% 90,584,920 101.88%

59,845,735 89.45% 13.46% 69,905,931 89.45% 16.81% 79,539,605 89.45%


6,503,763 9.72% 13.46% 7,597,059 9.72% 16.81% 8,644,003 9.72%
47 0.00% 2.4 0.00% -94.94% 2.4 0.00%
37,957 0.06% -10.70% 30,385 0.04% -19.95% 32,171 0.04%
5,016 0.01% -8.01% 0.00% -100.00% - 0.00%
66,392,518 99.24% 13.44% 77,533,377 99.22% 16.78% 88,215,782 99.21%
1,838,495 2.75% 13.09% 2,103,409 2.69% 14.41% 2,369,139 2.66%

-14,262 -0.02% 13.46% (16,659) -0.02% 16.81% (18,955) -0.02%


109,096 0.16% -21.15% 138,355 0.18% 26.82% 109,096 0.12%
1,933,329 2.89% 10.38% 2,225,104 2.85% 15.09% 2,459,280 2.77%
715,332 1.07% 10.36% 823,289 1.05% 15.09% 909,933 1.02%
1,217,997 1.82% 10.40% 1,401,816 1.79% 15.09% 1,549,346 1.74%
% Ch
14%
12%
14%

14%
14%
0%
6%
#DIV/0!
14%
13%

14%
-21%
11%
11%
11%
INCOME STATEMENT 2004 2005
REVENUE
Net Sales $47,148,627 100.00% $51,879,070
Membership Fees 961,280 2.04% 1,073,156
Total Revenue 48,109,907 52,952,226
OPERATING EXPENSES
Merchandise Costs 42,092,016 89.28% 46,346,961
SG&A 4,600,792 9.76% 5,061,339
Website expense - -
Preopening Expenses 30,451 0.06% 53,230
Impared Assets and Closing Costs 1,000 0.00% 16,393
Operating Income 1,385,648 2.94% 1,474,303
Gross Profit 5,056,611 10.72% 5,532,109
OTHER INCOME (EXPENSE)
Interest Expense (36,651) -0.08% (34,437)
Interest Income and Other 51,627 0.11% 109,096
IBIT 6,457,235 13.70% 7,081,071
Provisions For Income Taxes 518,231 1.10% 485,870
NET INCOME 5,939,004 12.60% 6,595,201

NET INCOME PER COMMON SHARE


Basic 12.84 13.96
Diluted 1.85 2.18
Shares Used In Calculations (000's)
Basic 459,223 473,945
Diluted 482,459 492,035
Dividends Per Share $0.49 0.43

0.14 0.16

2004 2005
Amount of Shares Outstanding 462,673 472,480
2006 2007 2008
100.00% $58,963,180 100.00% $66,900,400 100.00% $78,146,500 100.00%
2.07% 1,188,047 2.01% 1,366,254 2.04% 1,571,192 2.01%
60,151,227 68,266,654 79,717,692

89.34% 52,745,497 89.45% 59,845,735 89.45% 69,905,931 89.45%


9.76% 5,732,141 9.72% 6,504,365 9.72% 7,598,364 9.72%
0.00% - 52.4 0.00% 2.4 0.00%
0.10% 42,504 0.07% 37,957 0.06% 30,385 0.04%
0.03% 5,453 0.01% 5,016 0.01% 5,417 0.01%
2.84% 1,625,632 2.76% 1,873,529 2.80% 2,177,592 2.79%
10.66% 6,217,683 10.55% 7,054,665 10.55% 8,240,569 10.55%

-0.07% (12,570) -0.02% (14,262) -0.02% (16,660) -0.02%


0.21% 138,355 0.23% 109,096 0.16% 138,355 0.18%
13.65% 7,969,100 13.52% 9,023,028 13.49% 10,539,857 13.49%
0.94% 648,202 1.10% 733,928 1.10% 857,306 1.10%
12.71% 7,320,898 12.42% 8,289,100 12.39% 9,682,551 12.39%

15.84 16.34 18.54


2.3 2.35 2.40

469,718.00 470,188 470,658


480,341 487,065.77 493,884.69
0.49 0.50 0.50
income tax %
0.15 0.08

2006 2007 2008


462,279 470,000 470,000
2009
$88,915,800 100.00%
1,806,871 2.03%
90,722,671

79,539,605 89.45%
8,646,090 9.72%
2.4 0.00%
32,171 0.04%
5,851 0.01%
2,498,952 2.81%
9,376,195 10.55%

(18,955) -0.02%
109,096 0.12%
11,965,287 13.46%
973,250 1.09%
10,992,037 12.36%

19.72
2.42

471,129
500,799.08
0.51

2009
470,000
INCOME STATEMENT 2004 2005 2006
REVENUE
Net Sales 47148627 51879070 58963180
Membership Fees 961280 1073156 1188047
Total Revenue 48109907 52952226 60151227
OPERATING EXPENSES
Merchandise Costs 42092016 46346961 52745497
SG&A 4600792 5061339 5732141
Preopening Expenses 30451 53230 42504
Impared Assets and Closing Costs 1000 16393 5453
Operating Income 1385648 1474303 1625632
Gross Profit 5056611 5532109 6217683
OTHER INCOME (EXPENSE)
Interest Expense -36651 -34437 -12570
Interest Income and Other 51627 109096 138355
IBIT 6457235 7081071 7969100
Provisions For Income Taxes 518231 485870 648202
NET INCOME 5939004 6595201 7320898
NET INCOME PER COMMON SHARE
Basic 12.84 13.96 15.84
Diluted 1.85 2.18 2.3
Shares Used In Calculations (000's)
Basic 459223 473945 469718
Diluted 482459 492035 480341
Dividends Per Share 0.49 0.43 0.49

2004 2005 2006


Amount of Shares Outstanding 462673 472480 462279
2007 2008 2009
67807657 ### ###
### ### ###
### ### ###

### ### ###


### ### ###
50154.72 59182.57 69835.43
5889.24 6360.38 6869.21
### ### ###
### ### 13569307

-12821.4 -13077.83 -13339.38


109096 138355 109096
### ### ###
864770.07 ### ###
### ### ###

#NUM! #NUM! #NUM!

2007 2008 2009