Walmart 2010 Annual Report Download - page 53

Download and view the complete annual report

Please find page 53 of the 2010 Walmart annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 60

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60

17 Quarterly Financial Data (Unaudited)
Quarters Ended
(Amounts in millions except per share data) April 30, July 31, October 31, January 31,
Fiscal 2010
Net sales $93,471 $100,082 $98,667 $112,826
Cost of sales 70,388 75,153 73,805 85,311
Gross profit 23,083 24,929 24,862 27,515
Income from continuing operations $ 3,147 $ 3,556 $ 3,360 $ 4,864
Loss from discontinued operations, net of tax (8) (7) (7) (57)
Consolidated net income $ 3,139 $ 3,549 $ 3,353 $ 4,807
Less consolidated net income attributable to noncontrolling interest (117) (107) (114) (175)
Consolidated net income attributable to Walmart $ 3,022 $ 3,442 $ 3,239 $ 4,632
Income from continuing operations attributable to Walmart:
Income from continuing operations $ 3,147 $ 3,556 $ 3,360 $ 4,864
Less consolidated net income attributable to noncontrolling interest (117) (107) (114) (175)
Income from continuing operations attributable to Walmart $ 3,030 $ 3,449 $ 3,246 $ 4,689
Loss from discontinued operations, net of tax $ (8) $ (7) $ (7) $ (57)
Consolidated net income attributable to Walmart $ 3,022 $ 3,442 $ 3,239 $ 4,632
Basic net income per common share:
Basic income per common share from continuing operations attributable to Walmart $ 0.77 $ 0.89 $ 0.84 $ 1.23
Basic loss per common share from discontinued operations attributable to Walmart — (0.01) — (0.01)
Basic net income per common share attributable to Walmart $ 0.77 $ 0.88 $ 0.84 $ 1.22
Diluted net income per common share:
Diluted income per common share from continuing operations attributable to Walmart $ 0.77 $ 0.88 $ 0.84 $ 1.23
Diluted loss per common share from discontinued operations attributable to Walmart — — — (0.02)
Diluted net income per common share attributable to Walmart $ 0.77 $ 0.88 $ 0.84 $ 1.21
Fiscal 2009
Net sales $94,042 $101,546 $97,619 $107,880
Cost of sales 71,372 77,118 73,621 81,945
Gross profit 22,670 24,428 23,998 25,935
Income from continuing operations 3,151 3,531 3,146 3,926
Income (loss) from discontinued operations, net of tax (7) 48 105 —
Consolidated net income $ 3,144 $ 3,579 $ 3,251 $ 3,926
Less consolidated net income attributable to noncontrolling interest (122) (130) (113) (134)
Consolidated net income attributable to Walmart $ 3,022 $ 3,449 $ 3,138 $ 3,792
Income from continuing operations attributable to Walmart:
Income from continuing operations $ 3,151 $ 3,531 $ 3,146 $ 3,926
Less consolidated net income attributable to noncontrolling interest (122) (130) (113) (134)
Income from continuing operations attributable to Walmart $ 3,029 $ 3,401 $ 3,033 $ 3,792
Income (loss) from discontinued operations, net of tax $ (7) $ 48 $ 105 $ —
Consolidated net income attributable to Walmart $ 3,022 $ 3,449 $ 3,138 $ 3,792
Basic net income per common share:
Basic income per common share from continuing operations attributable to Walmart $ 0.77 $ 0.86 $ 0.77 $ 0.97
Basic income (loss) per common share from discontinued operations attributable to Walmart (0.01) 0.01 0.03 —
Basic net income per common share attributable to Walmart $ 0.76 $ 0.87 $ 0.80 $ 0.97
Diluted net income per common share:
Diluted income per common share from continuing operations attributable to Walmart $ 0.76 $ 0.86 $ 0.77 $ 0.96
Diluted income per common share from discontinued operations attributable to Walmart — 0.01 0.03 —
Diluted net income per common share attributable to Walmart $ 0.76 $ 0.87 $ 0.80 $ 0.96
The sum of quarterly financial data may not agree to annual amounts due to rounding.
Notes to Consolidated Financial Statements
Walmart 2010 Annual Report 51