Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Information (Unaudited)

v3.19.1
Selected Quarterly Financial Information (Unaudited)
12 Months Ended
Feb. 28, 2019
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED):

A summary of selected quarterly financial information is as follows:
 
QUARTER ENDED
 
 
 
May 31,
2018
 
August 31,
2018
 
November 30,
2018
 
February 28,
2019
 
Full Year
(in millions, except per share data)
 
 
 
 
 
 
 
 
 
Fiscal 2019
 
 
 
 
 
 
 
 
 
Net sales
$
2,047.1

 
$
2,299.1

 
$
1,972.6

 
$
1,797.2

 
$
8,116.0

Gross profit
$
1,048.6

 
$
1,168.2

 
$
970.0

 
$
893.5

 
$
4,080.3

Net income attributable to CBI (1)
$
743.8

 
$
1,149.5

 
$
303.1

 
$
1,239.5

 
$
3,435.9

Net income per common share attributable to CBI (1) (2):
 
 
 
 
 
 
 
 
 
Basic – Class A Common Stock
$
3.93

 
$
6.11

 
$
1.62

 
$
6.57

 
$
18.24

Basic – Class B Convertible Common Stock
$
3.57

 
$
5.55

 
$
1.47

 
$
5.97

 
$
16.57

Diluted – Class A Common Stock
$
3.77

 
$
5.87

 
$
1.56

 
$
6.37

 
$
17.57

Diluted – Class B Convertible Common Stock
$
3.48

 
$
5.41

 
$
1.45

 
$
5.87

 
$
16.21

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
QUARTER ENDED
 
 
 
May 31,
2017
 
August 31,
2017
 
November 30,
2017
 
February 28,
2018
 
Full Year
(in millions, except per share data)
 
 
 
 
 
 
 
 
 
Fiscal 2018
 
 
 
 
 
 
 
 
 
Net sales
$
1,928.5

 
$
2,087.9

 
$
1,801.9

 
$
1,762.0

 
$
7,580.3

Gross profit
$
988.3

 
$
1,068.7

 
$
910.3

 
$
845.2

 
$
3,812.5

Net income attributable to CBI (1)
$
398.5

 
$
501.6

 
$
492.8

 
$
910.5

 
$
2,303.4

Net income per common share attributable to CBI (1) (2):
 
 
 
 
 
 
 
 
 
Basic – Class A Common Stock
$
2.07

 
$
2.59

 
$
2.55

 
$
4.76

 
$
11.96

Basic – Class B Convertible Common Stock
$
1.88

 
$
2.36

 
$
2.32

 
$
4.32

 
$
10.86

Diluted – Class A Common Stock
$
1.98

 
$
2.49

 
$
2.45

 
$
4.56

 
$
11.47

Diluted – Class B Convertible Common Stock
$
1.83

 
$
2.30

 
$
2.26

 
$
4.21

 
$
10.59


(1) 
Includes the following:
QUARTER ENDED
 
(in millions, net of income tax effect)
May 31,
2018
 
August 31,
2018
 
November 30,
2018
 
February 28,
2019
 
Unrealized net gain (loss) on securities measured at fair value
$
224.1

 
$
595.1

 
$
(168.4
)
 
$
911.7

 
Net gain (loss) on sale of unconsolidated investment
$
99.5

 
$
(1.6
)
 
$

 
$

 
Impairment of intangible assets
$

 
$

 
$

 
$
(81.0
)
 
 
 
 
 
 
 
 
 
 
 
QUARTER ENDED
 
 
May 31,
2017
 
August 31,
2017
 
November 30,
2017
 
February 28,
2018
 
Unrealized net gain on securities measured at fair value
$

 
$

 
$
138.7

 
$
264.0

 
Net income tax benefit related to the TCJ Act
$

 
$

 
$

 
$
351.2

 
Impairment of intangible assets
$
(54.4
)
 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
(2) 
The sum of the quarterly net income per common share for Fiscal 2019 and Fiscal 2018 may not equal the total computed for the respective years as the net income per common share is computed independently for each of the quarters presented and for the full year.