Interest expense was $100 million in the 2012 39-week period, a decrease of $64 million from the 2011 period. This decrease was due to lower average outstanding long-term obligations, resulting from repurchases of debt in 2012 and 2011 and lower all-in interest rates.Other (income) expense in the 2012 period included pretax losses totaling $29.0 million resulting from the repurchase of the Company’s 11.875%/12.125% senior subordinated notes, a $2.5 million pretax gain resulting from the settlement of interest rate swaps, the $1.7 million debt amendment fees which were reimbursed by Buck Holdings, L.P. and a pretax loss of $1.6 million resulting from the amendment of the Company’s senior secured revolving credit facility. Other (income) expense in the 2011 period includes pretax losses totaling $60.3 million resulting from the repurchase of the Company’s 10.625% senior notes.
Dollar General Corporation Reports Record Third Quarter 2012 Sales And Earnings
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