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Michaels Companies, Inc.$19.18$.191.00%

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Income Statement for Michaels Companies, Inc.
(Amounts are in millions) 1/2017 1/2016 1/2015
Press Release Press Release Press Release
Net Sales or Revenues $5,197.29 $4,912.78 $4,738.00
Cost of Goods Sold $3,169.48 $2,944.43 $2,837.00
Gross Profit $2,027.82 $1,968.35 $1,901.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $1,312.54 $1,247.75 $1,274.00
Income Before Depreciation $715.28 $720.60 $627.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($7.24) ($9.08) ($77.00)
Interest Expense $126.27 $139.41 $199.00
Pretax Income $581.77 $572.12 $351.00
       
Provision for Income Taxes $203.61 $209.21 $134.00
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $378.16 $362.91 $217.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $378.16 $362.91 $217.00
       
Basic Earnings Per Share $1.84 $1.75 $1.07
Diluted Earnings Per Share $1.82 $1.72 $1.05
       
Weighted Average Basic Shares Outstanding 204.74 206.85 203.00
Weighted Average Diluted Shares Outstanding 206.35 209.35 207.00
       
Income Before Non-Recurring Items $389.61 $362.91 $303.00
Income From Non-Recurring Items ($11.46) $0.00 ($86.00)
Diluted Earnings Per Share before extras $1.88 $1.72 $1.46
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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