Sysco 2011 Annual Report Download - page 3

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1
F H
Fiscal Year Ended Percent Change
July 2, 2011 July 3, 2010 June 27, 2009 2011–10 201009
(52 weeks) (53 weeks) (52 weeks)
Sales $ 39,323,489 $ 37,243,495 $ 36,853,330 6% 1%
Operating income $ 1,931,502 $ 1,975,868 $ 1,872,2 1 1 (2) 6
Earnings before income taxes $ 1, 827,454 $ 1,849,589 $ 1,770,834 (1) 4
Net earnings $ 1,152,030 $ 1,179,983 $ 1,055,948 (2) 12
Diluted earnings per share $ 1.96 $ 1.99 $ 1.77 (2) 12
Dividends declared per share $ 1.03 $ 0.99 $ 0.94 4 5
Shareholders’ equity per share $ 7.95 $ 6.50 $ 5.85 22 11
Capital expenditures $ 636,442 $ 594,604 $ 464,561 7 28
Return on invested capital 17% 19% 19% (11)
Diluted average shares outstanding 588,691,546 593,590,042 596,069,204 (1) (0)
Number of shares repurchased 10,000,000 6,000,000 16,95 1,200 67 (65)
Number of employees 46,000 46,000 47,000 (2)
Our financial results are impacted by accounting changes and the adoption of various accounting standards. Information regarding these changes is available in our
Annual Report on Form 10-K for fiscal 2011, which is included in this Annual Report.
( Dollars in thousands,
except for per share data)
Diluted Earnings
Per Share
in dollars
2011: $1.96
1.60
07
1.81
08
1.77
09
1.99
10
1.96
11
Operating
Income
in billions of dollars
2011: $1.9
1.7
07
1.9
08
1.9
09
2.0
10
1.9
11
Sales
in billions of dollars
2011: $39.3
35.0
07
37.5
08
36.9
09
37.2
10
39.3
11
Return on
Invested Capital
equity plus
long-term debt
2011: 17%
20%
07
21%
08
19%
09
19%
10
17%
11