52 Weeks | Last 16 Weeks (2) | Third 12 Weeks | Second 12 Weeks | First 12 Weeks | |||||||||||
2013 | |||||||||||||||
Sales and other revenue | $ | 36,139.1 | $ | 11,306.1 | $ | 8,293.6 | $ | 8,362.5 | $ | 8,176.8 | |||||
Gross profit | 9,494.0 | 2,998.3 | 2,138.0 | 2,191.3 | 2,166.2 | ||||||||||
Operating profit | 635.4 | 284.5 | 91.6 | 144.8 | 114.4 | ||||||||||
Income before income taxes | 336.0 | 148.4 | 33.6 | 97.4 | 56.6 | ||||||||||
Income from continuing operations, net of tax | 246.3 | 100.0 | 24.8 | 61.7 | 59.8 | ||||||||||
Income (loss) from discontinued operations, net of tax (1) | 3,275.9 | 3,228.2 | 41.6 | (52.9 | ) | 59.1 | |||||||||
Net income attributable to Safeway Inc. | 3,507.5 | 3,314.4 | 65.8 | 8.4 | 118.9 | ||||||||||
Basic earnings per common share: | |||||||||||||||
Continuing operations | $ | 0.96 | $ | 0.35 | $ | 0.10 | $ | 0.25 | $ | 0.25 | |||||
Discontinued operations (1) | 13.57 | 13.30 | 0.17 | (0.22 | ) | 0.25 | |||||||||
Total | 14.53 | 13.65 | 0.27 | 0.03 | 0.50 | ||||||||||
Diluted earnings per common share: | |||||||||||||||
Continuing operations | $ | 0.95 | $ | 0.35 | $ | 0.10 | $ | 0.25 | $ | 0.25 | |||||
Discontinued operations (1) | 13.43 | 13.11 | 0.17 | (0.22 | ) | 0.24 | |||||||||
Total (1) | 14.38 | 13.46 | 0.27 | 0.03 | 0.49 | ||||||||||
52 Weeks | Last 16 Weeks (3) | Third 12 Weeks | Second 12 Weeks | First 12 Weeks | |||||||||||
2012 | |||||||||||||||
Sales and other revenue | $ | 36,068.3 | $11,220.8 | $ | 8,196.8 | $ | 8,489.2 | $ | 8,161.4 | ||||||
Gross profit | 9,462.4 | 2,952.8 | 2,142.5 | 2,196.9 | 2,170.2 | ||||||||||
Operating profit | 709.3 | 324.4 | 123.5 | 144.0 | 117.4 | ||||||||||
Income before income taxes | 436.4 | 246.2 | 63.2 | 74.9 | 52.1 | ||||||||||
Income from continuing operations, net of tax | 294.6 | 170.7 | 41.5 | 48.8 | 33.7 | ||||||||||
Income from discontinued operations, net of tax (1) | 303.5 | 74.7 | 115.5 | 74.1 | 39.3 | ||||||||||
Net income attributable to Safeway Inc. | 596.5 | 245.4 | 157.0 | 122.7 | 72.9 | ||||||||||
Basic earnings per common share: | |||||||||||||||
Continuing operations | $ | 1.18 | $ | 0.71 | $ | 0.17 | $ | 0.20 | $ | 0.12 | |||||
Discontinued operations (1) | 1.23 | 0.31 | 0.49 | 0.31 | 0.15 | ||||||||||
Total | 2.41 | 1.02 | 0.66 | 0.51 | 0.27 | ||||||||||
Diluted earnings per common share: | |||||||||||||||
Continuing operations | $ | 1.18 | $ | 0.71 | $ | 0.17 | $ | 0.20 | $ | 0.12 | |||||
Discontinued operations (1) | 1.22 | 0.31 | 0.49 | 0.31 | 0.15 | ||||||||||
Total | 2.40 | 1.02 | 0.66 | 0.51 | 0.27 |
(1) | See Note B, Discontinued Operations. |
(2) | In the fourth quarter of 2013, the Company recorded a loss on foreign currency translation of $57.4 million and an impairment of notes receivable of $30.0 million. Also the fourth quarter of 2013 included a tax expense of $19.8 million related to the Blackhawk IPO that should have been recorded in the second quarter of 2013. |
(3) | In the fourth quarter of 2012, Safeway results included a pre-tax gain from legal settlements of $46.5 million. |