Fresh Market, Inc. (TFM) [Rocket]

In millions, except per share items	Jan-31-16	Jan-25-15	Jan-26-14	Jan-27-13	Jan-29-12	Dec-31-10	Dec-31-09	Dec-31-08
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Sales	1,857.0	1,753.2	1,511.7	1,329.1	1,108.0	974.2	861.9	797.8
Sales growth	5.9%	16.0%	13.7%	20.0%		13.0%	8.0%	9.5%
Cost of goods sold (exclusive of depreciation shown separately)	1,224.8	1,158.5	996.3	877.4	741.2	655.0	585.4	555.0
Gross profit	632.2	594.6	515.4	451.7	366.9	319.2	276.6
Gross margin	34.0%	33.9%	34.1%	34.0%	33.1%	32.8%	32.1%

Operating expenses:
Selling, general and administrative expenses	441.7	406.5	349.8	303.5	247.0	244.4	191.3
Impairments and store closure costs	13.4	22.6	27.5	1.0	0.4
Depreciation	68.7	62.0	54.7	45.7	36.5	33.1	27.9
Income from operations	108.5	103.6	83.4	101.5	82.9	40.9	53.1
Operating margin	5.8%	5.9%	5.5%	7.6%	7.5%	4.2%	6.2%

Other expenses (income):
Interest expense	4.0	4.4	3.8	1.5	1.9	2.4	3.8
Income before provision for income taxes	104.4	99.2	79.6	100.0	81.0	38.7	49.5	63.8
Tax provision	39.0	36.2	28.8	35.9	29.6	-3.3	0.3
Tax rate	37.3%	36.5%	36.2%	35.9%	36.6%		0.6%	0.0%
Net income and comprehensive income	65.5	63.0	50.8	64.1	51.4	22.9	49.2

Net income per share:
Basic (in dollars per share)	$1.37	$1.30	$1.05	$1.33	$1.07	$0.48	$1.03
Diluted (in dollars per share)	$1.36	$1.30	$1.05	$1.33	$1.07	$0.48	$1.03

Weighted average common shares outstanding:
Basic (in shares)	48.0	48.3	48.2	48.1	48.0	48.0	48.0
Diluted (in shares)	48.1	48.5	48.4	48.3	48.1	48.1	48.0