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Selected Quarterly Financial Data
12 Months Ended
Sep. 28, 2013
Selected Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data

12. Selected Quarterly Financial Data (Unaudited)

 

The following is a summary of unaudited financial data regarding the Company’s quarterly results of operations. Each of the quarters in the two fiscal years presented contains thirteen weeks, except for the fourth quarter of fiscal year 2012 which contains fourteen weeks.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1st

 

2nd

 

3rd

 

4th

 

 

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Total

 

 

(amounts in thousands except earnings per common share)

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

934,977 

 

$

920,694 

 

$

934,015 

 

$

948,854 

 

$

3,738,540 

Gross profit

 

 

208,205 

 

 

198,646 

 

 

210,652 

 

 

210,307 

 

 

827,810 

Net income

 

 

11,568 

 

 

8,090 

 

 

(14,424)

 

 

15,562 

 

 

20,796 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Class A

 

 

0.50 

 

 

0.35 

 

 

(0.62)

 

 

0.71 

 

 

0.89 

   Class B

 

 

0.45 

 

 

0.32 

 

 

(0.56)

 

 

0.65 

 

 

0.85 

Diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Class A

 

 

0.48 

 

 

0.33 

 

 

(0.62)

 

 

0.68 

 

 

0.87 

   Class B

 

 

0.45 

 

 

0.32 

 

 

(0.56)

 

 

0.65 

 

 

0.85 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

920,531 

 

$

883,803 

 

$

920,085 

 

$

993,896 

 

$

3,718,315 

Gross profit

 

 

202,156 

 

 

192,802 

 

 

206,467 

 

 

219,355 

 

 

820,780 

Net income

 

 

10,597 

 

 

6,512 

 

 

13,059 

 

 

13,276 

 

 

43,444 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Class A

 

 

0.45 

 

 

0.28 

 

 

0.56 

 

 

0.58 

 

 

1.87 

   Class B

 

 

0.41 

 

 

0.26 

 

 

0.51 

 

 

0.52 

 

 

1.70 

Diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Class A

 

 

0.43 

 

 

0.27 

 

 

0.54 

 

 

0.55 

 

 

1.79 

   Class B

 

 

0.41 

 

 

0.26 

 

 

0.51 

 

 

0.52 

 

 

1.70 

 

 

Net loss for the third quarter of fiscal year 2013 includes pre-tax debt extinguishment costs totaling $43.1 million (pre-tax).