|
Note R — Quarterly Financial Data (Unaudited)
Summarized quarterly data was as follows.
| |
Three months ended |  |  |
|
(Dollar amounts in thousands, except per share data) |
May 31 |
August 31 |
November 30 |
February 28 (29) |  |
|
Year ended February 28, 2001 | | | | | | | | |
|
Revenue |
$ |
474,566 |
$ |
512,301 |
$ |
520,620 |
$ |
548,834 |
|
Expenses | |
343,641 | |
370,086 | |
370,993 | |
385,566 |
|
Provision for income taxes | |
47,466 | |
51,180 | |
54,214 | |
59,022 |
|
Net earnings |
$ |
83,459 |
$ |
91,035 |
$ |
95,413 |
$ |
104,246 |
|
Earnings per share(1) | | | | | | | | |
|
Basic |
$ |
0.73 |
$ |
0.80 |
$ |
0.83 |
$ |
0.89 |
|
Diluted |
$ |
0.72 |
$ |
0.77 |
$ |
0.80 |
$ |
0.85 | | | | | | | | | | |
|
Year ended February 29, 2000 | | | | | | | | |
|
Revenue |
$ |
492,867 |
$ |
491,074 |
$ |
443,061 |
$ |
443,871 |
|
Expenses | |
323,393 | |
316,479 | |
278,321 | |
321,482 |
|
Provision for income taxes | |
66,095 | |
68,092 | |
64,176 | |
22,592 |
|
Net earnings |
$ |
103,379 |
$ |
106,503 |
$ |
100,564 |
$ |
99,797 |
|
Earnings per share(1) | | | | | | | | |
|
Basic |
$ |
0.92 |
$ |
0.94 |
$ |
0.89 |
$ |
0.88 |
|
Diluted |
$ |
0.88 |
$ |
0.91 |
$ |
0.87 |
$ |
0.87 |
| | | | | | | | | |
(1) Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share amounts may not equal the annual amount. This is caused by rounding and the averaging effect of the number of share equivalents utilized throughout the year, which changes with the market price of the common stock.
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