Walmart 2004 Annual Report Download - page 54

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52
12 Quarterly Financial Data (Unaudited)
Quarters ended
(Amounts in millions except per share information) April 30, July 31, October 31, January 31,
2004
Net sales $ 56,718 $ 62,637 $ 62,480 $ 74,494
Cost of sales 43,918 48,298 48,292 58,239
Income from continuing operations 1,830 2,283 2,028 2,722
Income from discontinued operation 31 161 – –
Net income $ 1,861 $ 2,444 $ 2,028 $ 2,722
Net income per common share, basic
Income from continuing operations $ 0.41 $ 0.52 $ 0.46 $ 0.63
Income from discontinued operation 0.01 0.04 – –
Net income per common share, basic $ 0.42 $ 0.56 $ 0.46 $ 0.63
Net income per common share, diluted
Income from continuing operations $ 0.41 $ 0.52 $ 0.46 $ 0.63
Income from discontinued operation 0.01 0.04 – –
Net income per common share, diluted $ 0.42 $ 0.56 $ 0.46 $ 0.63
2003
Net sales $ 51,705 $ 56,271 $ 55,241 $ 66,400
Cost of sales 40,136 43,516 42,646 52,001
Income from continuing operations 1,596 1,990 1,780 2,452
Income from discontinued operation 35 29 17 56
Net income $ 1,631 $ 2,019 $ 1,797 $ 2,508
Net income per common share, basic
Income from continuing operations $ 0.36 $ 0.45 $ 0.40 $ 0.56
Income from discontinued operation 0.01 – 0.01 0.01
Net income per common share, basic $ 0.37 $ 0.45 $ 0.41 $ 0.57
Net income per common share, diluted
Income from continuing operations $ 0.36 $ 0.45 $ 0.40 $ 0.56
Income from discontinued operation 0.01 – 0.01 0.01
Net income per common share, diluted $ 0.37 $ 0.45 $ 0.41 $ 0.57
The sum of quarterly financial data will not agree to annual amounts due to rounding. Fiscal 2003 has been restated for the
adoption of FAS 123 for which the Company elected the retroactive restatement transition method and for the sale of McLane as a
discontinued operation.