ITEM 8 – Financial Statements and Supplementary Data
The Company’s consolidated financial statements at August 31, 2007 and 2006 and for each of the three years in the period ended August 31, 2007, and the Report of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm, are included in this Annual Report on Form 10-K in Item 15.
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following table sets forth certain unaudited quarterly consolidated financial information for each of the two years in the period ended August 31, 2007. Amounts are presented in thousands, except for earnings per share data.
| QUARTER ENDED: | NET SALES |
GROSS PROFIT |
NET INCOME |
DILUTED EARNINGS PER COMMON SHARE |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 30, 2005 | $ | 67,215 | $ | 32,314 | $ | 7,513 | $ | 0.45 | |||||||
| February 28, 2006 | 71,480 | 34,276 | 7,231 | 0.43 | |||||||||||
| May 31, 2006 | 73,052 | 35,419 | 7,046 | 0.42 | |||||||||||
| August 31, 2006 | 75,169 | 36,391 | 6,322 | 0.37 | |||||||||||
| $ | 286,916 | $ | 138,400 | $ | 28,112 | $ | 1.66 | (1) | |||||||
| November 30, 2006 | $ | 71,956 | $ | 34,473 | $ | 5,694 | $ | 0.33 | |||||||
| February 28, 2007 | 79,331 | 39,038 | 8,939 | 0.52 | |||||||||||
| May 31, 2007 | 77,581 | 36,867 | 7,644 | 0.44 | |||||||||||
| August 31, 2007 | 78,948 | 38,484 | 9,257 | 0.54 | |||||||||||
| $ | 307,816 | $ | 148,862 | $ | 31,534 | $ | 1.83 | ||||||||
(1) Amounts in table may not total due to rounding.