Safeway 2009 Annual Report Download - page 86

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SAFEWAY INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
Note Q: Quarterly Information (Unaudited)
The summarized quarterly financial data presented below reflect all adjustments, which in the opinion of management,
are of a normal and recurring nature necessary to present fairly the results of operations for the periods presented.
(Rounding affects some totals. In millions, except per-share amounts.)
52 Weeks
Last 16
Weeks (1)
Third 12
Weeks
Second 12
Weeks
First 12
Weeks
2009
Sales and other revenue $ 40,850.7 $ 12,693.9 $ 9,458.3 $ 9,462.1 $ 9,236.4
Gross profit 11,693.5 3,635.0 2,674.1 2,731.5 2,652.9
Operating (loss) profit (628.7) (1,545.9) 278.1 357.6 281.5
(Loss) income before income taxes (953.3) (1,642.8) 201.3 283.7 204.5
Net (loss) income (1,097.5) (1,609.1) 128.8 238.6 144.2
Net (loss) income per share – basic $ (2.66) $ (4.06) $ 0.31 $ 0.57 $ 0.34
Net (loss) income per share – diluted (2.66) (4.06) 0.31 0.57 0.34
53 Weeks
Last 17
Weeks
Third 12
Weeks
Second 12
Weeks
First 12
Weeks
2008
Sales and other revenue $ 44,104.0 $ 13,815.9 $ 10,169.3 $ 10,120.0 $ 9,998.8
Gross profit 12,514.8 3,975.8 2,795.6 2,865.2 2,878.3
Operating profit 1,852.7 613.0 386.3 451.6 401.9
Income before income taxes 1,504.6 503.8 312.0 371.9 317.0
Net income 965.3 338.0 199.7 234.3 193.4
Net income per share – basic $ 2.23 $ 0.79 $ 0.46 $ 0.54 $ 0.44
Net income per share – diluted 2.21 0.79 0.46 0.53 0.44
(1) The last 16 weeks of 2009 includes a pre-tax goodwill impairment charge of $1,974.2 million. See Note B.
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