28 unchanged sentences
$ 40.35 304,405 $ 100,000,000
−Removed: August 1, 2021 – August 28, 2021 201,692 (2) (3)
+Added: July 31, 2022 – August 27, 2022 73,001 (2) (3)
41.05 69,350 100,000,000
11 unchanged sentences
Selected Financial Data
−Removed: The following selected statement of operations and balance sheet data as of and for the five fiscal years in the period ended September 25, 2021 have been derived from our audited consolidated financial statements.
+Added: The following selected statement of operations and balance sheet data as of and for the five fiscal years ended September 24, 2022 have been derived from our audited consolidated financial statements.
The financial data set forth below should be read in conjunction with our consolidated financial statements and related notes thereto in “Item 8 – Financial Statements and Supplementary Data” and “Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere herein.
4 unchanged sentences
Net sales $ 3,338,588 $ 3,303,684 $ 2,695,509 $ 2,383,010 $ 2,215,362
−Removed: Cost of goods sold and occupancy 2,332,783 1,898,951 1,678,969 1,539,986 1,421,670
+Added: Cost of goods sold 2,346,283 2,332,783 1,898,951 1,678,969 1,539,986
Gross profit 992,305 970,901 796,558 704,041 675,376
20 unchanged sentences
Capital expenditures $ 115,205 $ 80,333 $ 43,055 $ 31,577 $ 37,845
−Removed: Cash provided by operating activities $ 250,844 $ 264,273 $ 204,974 $ 114,112 $ 114,309
+Added: Cash (used) provided by operating activities $ (34,030) $ 250,844 $ 264,273 $ 204,974 $ 114,112
Cash used in investing activities $ (142,983) $ (899,359) $ (48,106) $ (76,263) $ (140,882)
−Removed: Cash provided (used) by financing activities $ 420,475 $ (60,560) $ (110,765) $ 474,783 $ (10,392)
+Added: Cash (used) provided by financing activities $ (66,815) $ 420,475 $ (60,560) $ (110,765) $ 474,783
Fiscal Year Ended
2 unchanged sentences
Balance Sheet Data:
−Removed: Cash and short term investments $ 426,422 $ 652,712 $ 497,749 $ 482,106 $ 32,397
+Added: Cash and cash equivalents $ 177,442 $ 426,422 $ 652,712 $ 497,749 $ 482,106
Working capital $ 1,087,962 $ 1,021,338 $ 1,085,021 $ 1,028,668 $ 1,004,334
4 unchanged sentences
$ 1,334,712 $ 1,223,541 $ 1,077,674 $ 996,177 $ 952,834
−Removed: (1) Fiscal years 2018, 2019, 2020 and 2021 included 52 weeks.
−Removed: Fiscal year 2017 included 53 weeks.
+Added: (1) Fiscal years 2018 through 2022 included 52 weeks.
(2) During fiscal 2019, we recognized a non-cash charge of $2.5 million related to the impairment of a certain long-lived intangible asset in our Pet Segment.
4 unchanged sentences
During the third quarter of fiscal 2021, we issued $400 million aggregate principal amount of 4.125% senior notes due April 2031.
+Added: In December 2017, we issued $300 million aggregate principal amount of 5.125% senior notes due February 2028.
(4) During fiscal 2020, we recognized a non-cash impairment charge of $3.6 million for two private company investments.
−Removed: During fiscal 2016, we recognized a non-cash impairment charge of $16.6 million related to our investment in two joint ventures as a result of changes in marketplace conditions, which impacted expected cash flows and the recoverability of the investments.
(5) Income tax expense was impacted by a fiscal 2018 tax benefit of $21.5 million from the revaluation of our deferred tax assets and liabilities as a result of the Tax Reform Act.
(6) In the first quarter of fiscal 2020, we adopted lease accounting standard ASC 842, which required us to recognize lease Right-of-Use Assets of $111 million on our balance sheet at adoption.
−Removed: (7) In December 2017, we issued $300 million aggregate principal amount of 5.125% senior notes due February 2028.
(7) During the fourth quarter of fiscal 2018, we issued 5,550,000 shares of Class A common stock at a public offering price of $37.00 per share and received net proceeds of approximately $196 million.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.