Big lots inc (BIG)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Oct'09Jul'09
Net sales

1,606,982

1,167,988

1,252,414

1,295,796

1,598,551

1,149,402

1,222,169

1,267,983

1,640,611

1,109,184

1,219,597

1,294,970

1,572,767

1,105,498

1,203,155

1,312,575

1,583,967

1,116,474

1,209,686

1,280,455

1,593,349

1,107,095

1,195,363

1,281,271

1,571,912

1,104,918

1,180,905

1,267,020

1,565,595

1,134,205

1,218,037

1,294,481

1,626,554

1,138,286

1,167,135

1,227,274

1,518,943

1,055,830

1,142,309

1,235,162

1,035,269

1,086,567

Cost of sales (exclusive of depreciation expense shown separately below)

972,963

704,602

754,184

776,749

939,207

690,228

730,750

756,025

958,570

665,558

727,097

770,695

919,444

663,506

716,732

794,894

936,784

676,467

733,852

776,339

943,420

676,153

725,836

787,715

962,281

673,490

716,790

764,825

933,783

701,615

740,202

782,032

962,530

693,926

706,599

733,145

898,979

627,723

679,884

733,207

617,278

652,184

Gross margin

634,019

463,386

498,230

519,047

659,344

459,174

491,419

511,958

682,041

443,626

492,500

524,275

653,323

441,992

486,423

517,681

647,183

440,007

475,834

504,116

649,929

430,942

469,527

493,556

609,631

431,428

464,115

502,195

631,812

432,590

477,835

512,449

664,024

444,360

460,536

494,129

619,964

428,107

462,425

501,955

417,991

434,383

Selling and administrative expenses

471,064

436,714

455,026

460,605

476,893

436,826

426,605

438,092

484,556

408,314

415,154

415,972

479,112

409,695

416,746

425,403

461,954

411,994

414,305

420,246

465,344

404,732

412,142

417,546

444,762

405,279

400,088

413,902

396,539

412,692

412,220

418,319

450,123

412,581

379,347

387,167

421,726

381,620

380,374

392,780

365,194

367,781

Depreciation expense

37,428

34,752

30,023

32,797

34,064

31,911

30,496

28,529

29,611

29,508

29,386

28,595

29,690

30,294

30,757

29,719

30,466

30,171

30,992

31,225

31,167

30,267

29,443

28,825

29,835

29,014

27,534

26,845

24,997

26,590

26,271

25,288

25,170

22,873

21,428

20,664

21,074

19,584

18,848

19,100

18,184

18,949

Gain on sale of distribution center

-

178,534

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,964

-

Operating profit

125,546

170,454

13,181

25,645

148,417

-9,563

34,318

45,337

167,881

5,804

47,960

79,708

144,521

2,003

38,920

62,559

154,763

-2,158

30,537

52,645

153,418

-4,057

27,942

47,185

135,034

-2,865

36,493

61,448

210,276

-6,692

39,344

68,842

188,731

8,906

59,761

86,298

177,164

26,903

63,203

90,075

47,577

47,653

Interest expense

3,170

5,359

4,565

3,733

3,217

3,138

2,407

1,576

2,006

2,077

1,619

1,009

1,298

1,665

1,494

634

946

1,272

969

496

972

756

510

350

803

1,034

730

726

1,462

1,491

895

336

773

922

1,334

501

808

756

503

506

507

506

Other income (expense)

-250

-322

-789

910

-1,274

59

149

508

389

405

435

-517

356

673

-406

764

-2,867

-673

-1,742

28

0

0

0

0

-1

0

-11

0

-43

46

-38

37

-120

-219

54

112

-

51

177

-

-

-

Interest and investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

14

19

Income before income taxes

122,126

164,773

7,827

22,822

143,926

-12,642

32,060

44,269

166,264

4,132

46,776

78,182

143,579

1,011

37,020

62,689

150,950

-4,103

27,826

52,177

152,446

-4,813

27,432

46,835

134,230

-3,899

35,752

60,722

208,771

-8,137

38,411

68,543

187,838

7,765

58,481

85,909

176,397

26,198

62,877

89,912

47,084

47,166

Income tax expense

28,362

37,791

1,649

7,282

35,879

-6,086

7,896

13,030

61,436

-240

17,656

26,670

53,501

-365

14,305

24,030

56,393

-2,400

10,115

19,869

58,463

-1,698

10,220

18,254

50,001

-1,951

13,808

23,657

75,136

-2,149

16,321

27,763

74,166

3,524

22,767

33,378

66,372

8,453

24,098

33,914

16,828

18,550

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,703

17,711

32,308

93,983

-3,115

17,212

28,581

84,229

-1,948

21,944

37,065

133,635

-5,988

22,090

40,780

113,672

4,241

35,714

52,531

110,025

17,745

38,779

55,998

30,256

28,616

Income (loss) from discontinued operations, net of tax (expense) benefit of $(14), $(135), and $13,852, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

195

-75

-95

448

-326

2,726

-25,233

124

-7,569

-3,818

-4,732

-13,348

1

-15

-34

1,048

-51

-31

-60

30

-51

98

-100

73

-173

Net income and comprehensive income

93,764

126,982

6,178

15,540

108,047

-6,556

24,164

31,239

104,828

4,372

29,120

51,512

90,078

1,376

22,715

38,659

94,532

-1,508

17,636

32,213

94,431

-3,441

19,938

3,348

84,353

-9,517

18,126

32,333

120,287

-5,987

22,075

40,746

114,720

4,190

35,683

52,471

110,055

17,694

38,877

55,898

30,329

28,443

Earnings per common share
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.35

0.61

1.74

-0.06

0.31

0.50

1.46

-0.03

0.38

0.65

2.27

-0.10

0.37

0.64

1.73

0.07

0.51

0.71

1.45

0.24

0.49

0.69

0.37

0.35

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

-0.01

0.05

-0.44

0.00

-0.13

-0.07

-0.08

-0.22

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Earnings per common share - basic (in dollars per share)

2.38

3.25

0.16

0.39

2.67

-0.16

0.59

0.74

2.49

0.10

0.68

1.16

2.03

0.03

0.51

0.80

1.90

-0.03

0.35

0.61

1.72

-0.06

0.36

0.06

1.47

-0.17

0.32

0.56

2.05

-0.10

0.37

0.64

1.75

0.06

0.51

0.71

1.46

0.23

0.49

0.69

0.37

0.35

Earnings per common share - diluted
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.35

0.60

1.71

-0.06

0.31

0.50

1.45

-0.03

0.38

0.64

2.26

-0.10

0.36

0.63

1.71

0.06

0.50

0.70

1.44

0.23

0.48

0.68

0.37

0.35

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

-0.01

0.05

-0.44

0.00

-0.13

-0.07

-0.08

-0.22

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Earnings per common share - diluted (in dollars per share)

2.36

3.25

0.16

0.39

2.66

-0.16

0.59

0.74

2.46

0.10

0.67

1.15

2.00

0.03

0.50

0.79

1.89

-0.03

0.34

0.60

1.70

-0.06

0.36

0.06

1.46

-0.17

0.31

0.56

2.04

-0.10

0.36

0.63

1.72

0.06

0.50

0.70

1.44

0.23

0.48

0.68

0.37

0.34

Weighted-average common shares outstanding:
Basic

-

39,017

39,000

39,922

-

40,021

41,061

42,113

-

41,967

43,136

44,361

-

44,165

44,402

48,466

-

49,057

50,831

53,087

-

54,850

54,991

57,010

-

57,461

57,382

57,305

-

57,756

60,466

64,119

-

64,949

70,130

74,047

-

75,481

79,467

80

81,674

81,623

Dilutive effect of share-based awards

-

77

77

80

-

0

220

105

-

557

428

367

-

761

612

422

-

0

505

570

-

0

698

526

-

0

542

538

-

0

531

1,046

-

982

919

1,219

-

888

866

1

1,059

893

Diluted

-

39,094

39,077

40,002

-

40,021

41,281

42,218

-

42,524

43,564

44,728

-

44,926

45,014

48,888

-

49,057

51,336

53,657

-

54,850

55,689

57,536

-

57,461

57,924

57,843

-

57,756

60,997

65,165

-

65,931

71,049

75,266

-

76,369

80,333

82

82,733

82,516

Cash dividends declared per common share

-

0.30

0.30

0.30

-

0.30

0.30

0.30

-

0.25

0.25

0.25

-

0.21

0.21

0.21

0.19

0.19

0.19

0.19

0.17

0.17

0.17

0.00

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Tax Effect of Discontinued Operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,955

-

-

-

-170

-

-

-

-22

-

-

-

-

-

-

-

-

-

-