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Michaels Companies, Inc.$9.49($.32)(3.26%)

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Income Statement for Michaels Companies, Inc.
(Amounts are in millions) 1/2019 1/2018 1/2017
Press Release Press Release Press Release
Net Sales or Revenues $5,271.94 $5,361.96 $5,197.29
Cost of Goods Sold $3,248.28 $3,233.17 $3,169.48
Gross Profit $2,023.67 $2,128.79 $2,027.82
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $1,460.06 $1,393.40 $1,312.54
Income Before Depreciation $563.61 $735.39 $715.28
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.53 ($0.53) ($7.24)
Interest Expense $147.09 $129.12 $126.27
Pretax Income $417.05 $605.74 $581.77
       
Provision for Income Taxes $97.51 $215.24 $203.61
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 $319.55 $390.50 $378.16
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $319.55 $390.50 $378.16
       
Basic Earnings Per Share $1.87 $2.11 $1.84
Diluted Earnings Per Share $1.86 $2.10 $1.82
       
Weighted Average Basic Shares Outstanding 170.61 184.28 204.74
Weighted Average Diluted Shares Outstanding 171.38 185.57 206.35
       
Income Before Non-Recurring Items $404.18 $405.06 $389.61
Income From Non-Recurring Items ($84.64) ($14.56) ($11.46)
Diluted Earnings Per Share before extras $2.35 $2.17 $1.88
       
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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