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Michaels Companies, Inc.$18.83$.02.11%

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Income Statement for Michaels Companies, Inc.
(Amounts are in millions) 1/2018 1/2017 1/2016
Press Release Press Release Press Release
Net Sales or Revenues $5,361.96 $5,197.29 $4,912.78
Cost of Goods Sold $3,233.17 $3,169.48 $2,944.43
Gross Profit $2,128.79 $2,027.82 $1,968.35
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $1,393.40 $1,312.54 $1,247.75
Income Before Depreciation $735.39 $715.28 $720.60
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($0.53) ($7.24) ($9.08)
Interest Expense $129.12 $126.27 $139.41
Pretax Income $605.74 $581.77 $572.12
       
Provision for Income Taxes $215.24 $203.61 $209.21
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 $390.50 $378.16 $362.91
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $390.50 $378.16 $362.91
       
Basic Earnings Per Share $2.11 $1.84 $1.75
Diluted Earnings Per Share $2.10 $1.82 $1.72
       
Weighted Average Basic Shares Outstanding 184.28 204.74 206.85
Weighted Average Diluted Shares Outstanding 185.57 206.35 209.35
       
Income Before Non-Recurring Items $405.06 $389.61 $362.91
Income From Non-Recurring Items ($14.56) ($11.46) $0.00
Diluted Earnings Per Share before extras $2.17 $1.88 $1.72
       
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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