Henry Schein, Inc
(NASDAQ:HSIC)

Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practices, government, institutional health care clinics, and other alternate care clinics worldwide. It operates in two segments, Health Care Distribution, and Technology and Value-Adde...

Website: http://www.henryschein.com

Founded: 1932

Full Time Employees: 19,000

Sector: Healthcare

Industry: Medical Distribution

Dental Healthcare

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Quarterly

Annual

Unit: USD	2021-12-25	2021-09-25	2021-06-26	2020-09-26	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-30	2018-12-29	2018-09-30	2018-09-29	2018-08-06	2018-07-01	2018-05-08	2018-02-21	2017-11-06	2017-09-24	2017-08-08	2017-06-25	2017-05-09	2017-04-01	2016-11-02	2016-08-04	2016-06-27	2016-03-26	2015-12-26	2015-09-26	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2014-03-29	2013-12-28	2013-09-28	2013-06-29	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-09-24	2011-06-25	2011-03-26	2010-12-25	2010-09-25	2010-06-26	2010-03-27	2009-12-26	2009-09-26	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-09-24	2005-06-25	2005-03-26	2004-12-25	2004-09-25	2004-06-26	2004-03-27	2003-12-27

net sales	3,330,522,000	3,178,315,000	2,967,223,000	2,840,146,000	1,684,399,000	2,428,871,000	2,668,941,000	2,508,767,000	2,447,827,000																				1,944,700,250	2,685,835,000	2,629,320,000	2,463,646,000	1,917,323,500	2,623,729,000	2,615,406,000	2,430,159,000	2,526,370,000	2,348,956,000	2,391,810,000	2,293,511,000	2,408,438,000	2,231,058,000	2,201,452,000	2,099,019,000	2,340,148,000	2,111,693,000	2,130,640,000	1,947,761,000	2,023,568,000	1,893,511,000	1,849,401,000	1,760,310,000	1,786,081,000	1,659,433,000	1,611,006,000	1,488,605,000	1,573,507,000	1,650,771,000	1,644,977,000	1,525,619,000	1,717,470,000	1,505,575,000	1,387,017,000	1,334,143,000	1,498,936,000	1,272,020,000	1,220,360,000	1,161,781,000	1,343,141,000	1,125,363,000	1,141,620,000	1,101,410,000	1,194,320,000	1,033,625,000	945,690,000	886,631,000
yoy	97.73%	30.86%	11.18%	13.21%	-31.19%																								1.43%	2.37%	0.53%	1.38%	-24.11%	11.70%	9.35%	5.96%	4.90%	5.28%	8.65%	9.27%	2.92%	5.65%	3.32%	7.77%	15.64%	11.52%	15.21%	10.65%	13.30%	14.11%	14.80%	18.25%	13.51%	0.52%	-2.07%	-2.43%	-8.38%	9.64%	18.60%	14.35%	14.58%	18.36%	13.66%	14.84%	11.60%	13.03%	6.90%	5.48%	12.46%	8.88%	20.72%	24.22%
qoq	4.79%	7.11%	4.47%	68.61%	-30.65%	-8.99%	6.38%	2.49%																					-27.59%	2.15%	6.72%	28.49%	-26.92%	0.32%	7.62%	-3.81%	7.55%	-1.79%	4.29%	-4.77%	7.95%	1.34%	4.88%	-10.30%	10.82%	-0.89%	9.39%	-3.75%	6.87%	2.39%	5.06%	-1.44%	7.63%	3.01%	8.22%	-5.40%	-4.68%	0.35%	7.82%	-11.17%	14.07%	8.55%	3.96%	-10.99%	17.84%	4.23%	5.04%	-13.50%	19.35%	-1.42%	3.65%	-7.78%	15.55%	9.30%	6.66%
cost of sales	2,351,018,000	2,266,170,000	2,077,472,000	2,085,847,000	1,230,105,000	1,682,832,000	1,858,343,000	1,747,600,000	1,680,396,000																				1,391,455,000	1,936,927,000	1,878,642,000	1,750,251,000	1,380,610,750	1,902,063,000	1,886,934,000	1,733,446,000	1,269,445,750	1,709,309,000	1,721,954,000	1,646,520,000	1,744,943,000	1,622,014,000	1,577,057,000	1,488,440,000	1,687,559,000	1,524,273,000	1,518,416,000	1,381,939,000	1,448,825,000	1,356,055,000	1,303,757,000	1,247,277,000	1,259,809,000	1,183,166,000	1,132,494,000	1,047,595,000	1,107,198,000	1,172,190,000	1,156,562,000	1,074,386,000	1,233,339,000	1,076,245,000	973,240,000	941,170,000	1,076,949,000	911,014,000	860,900,000	824,179,000	965,666,000	808,632,000	817,208,000	795,223,000	874,484,000	759,597,000	693,975,000	655,804,000
operating expenses:
selling, general and administrative	774,364,000	701,499,000	678,801,000	559,636,000	445,793,000	567,387,000	615,323,000	574,771,000	593,218,000																				414,295,000	551,588,000	560,426,000	545,166,000	408,662,750	547,578,000	547,628,000	539,445,000	366,580,750	479,170,000	493,791,000	493,362,000	482,153,000	459,422,000	466,333,000	465,452,000	489,216,000	444,159,000	461,009,000	441,522,000	432,745,000	400,088,000	407,638,000	396,989,000	389,653,000	362,382,000	356,202,000	346,080,000	337,328,000	363,303,000	375,058,000	366,006,000	359,145,000	332,630,000	322,925,000	319,074,000	317,431,000	298,331,000	282,712,000	276,684,000	288,240,000	253,593,000	253,948,000	248,982,000	269,789,000	220,873,000	188,130,000	184,527,000
restructuring costs	4,579,000	-175,000	604,000	6,992,000	15,934,000	4,787,000	-1,059,000	-802,000	11,925,000																				5,630,500	8,438,000	7,222,000	6,862,000											3,360,000	11,832,000								12,285,000	-1,023,000			4,043,000
other income:
interest income	1,702,000	1,409,000	1,357,000	2,294,000	1,997,000	3,190,000	3,389,000	3,943,000	3,654,000																				2,460,250	3,129,000	3,257,000	3,455,000	2,580,750	3,452,000	3,416,000	3,455,000	2,436,000	3,236,000	3,303,000	3,205,000	3,172,000	3,283,000	3,609,000	3,330,000	3,638,000	3,830,000	4,192,000	3,933,000	3,780,000	3,422,000	3,508,000	3,388,000	2,305,000	2,387,000	2,486,000	2,801,000	3,054,250	4,260,000	3,974,000	3,983,000	3,765,000	4,378,000	4,269,000	4,138,000	4,412,000	3,503,000	3,969,000	4,556,000	2,846,000	1,941,000	1,980,000	2,028,000	1,683,000	1,684,000	2,451,000	2,216,000
interest expense	-8,189,000	-6,550,000	-6,376,000	-11,111,000	-10,486,000	-7,812,000	-9,333,000	-12,373,000	-12,785,000																				-4,712,500	-6,297,000	-6,290,000	-6,263,000	-4,302,000	-6,280,000	-5,670,000	-5,258,000	-5,667,000	-5,051,000	-4,890,000	-12,727,000	-8,243,000	-7,308,000	-7,711,000	-7,640,000	-7,577,000	-6,813,000	-7,902,000	-8,085,000	-7,545,000	-7,824,000	-9,185,000	-9,087,000	-5,041,000	-5,171,000	-6,467,000	-6,814,000	-5,760,000	-7,933,000	-8,205,000	-6,902,000	-6,796,000	-6,216,000	-6,223,000	-6,004,000	-6,563,000	-6,541,000	-7,302,000	-7,394,000	-7,222,000	-6,977,000	-5,227,000	-6,371,000	-5,748,000	-6,251,000	-3,114,000	-3,002,000
other	-1,025,000	403,000	354,000	-1,699,000	-291,000	-220,000	-907,000	-177,000	-1,416,000																				-83,500	-277,000	-177,000	120,000	1,032,000	-484,000	1,032,000	3,580,000	214,750	1,263,000	-34,000	-370,000	392,000	988,000	830,000	525,000	629,000	232,000	758,000	323,000	59,000	29,000	474,000	-115,000	431,000	1,938,000	-272,000	-17,000	-1,366,250	-4,791,000	-291,000	-383,000	288,000	3,917,000	547,000	-117,000	-115,000	2,298,000	-339,000	221,000	744,000	1,028,000	-228,000	-341,000	-83,000	120,000	180,000	151,000
income taxes	-43,361,000	-49,276,000		-29,005,000		-37,910,000	-42,189,000	-41,964,000	-35,880,000																				-38,035,750	-49,232,000	-53,784,000	-49,127,000	-39,061,750	-51,302,000	-55,322,000	-49,623,000	-55,604,000	-34,660,000	-54,775,000	-45,852,000	-54,108,000	-44,709,000	-47,201,000	-41,840,000	-49,458,000	-44,261,000	-47,340,000	-39,153,000	-44,184,000	-42,226,000	-41,435,000	-32,224,000	-44,119,000	-15,864,000	-38,841,000	-28,922,000	-24,925,750	-34,713,000	-37,135,000	-27,855,000	-39,974,000	-33,682,000	-30,636,000	-25,530,000	-35,904,000	-21,715,000	-26,379,000	-21,222,000
equity in earnings of affiliates	2,459,000	5,349,000	6,323,000	3,663,000	1,411,000	2,734,000	3,129,000	6,585,000	5,556,000																				2,697,750	5,191,000	3,572,000	2,028,000	2,071,250	4,762,000	2,817,000	706,000	3,985,000	3,642,000	1,766,000	801,000	-840,000	3,434,000	3,073,000	1,391,000	5,216,000	4,559,000	4,133,000	1,653,000	3,118,000	3,721,000	1,795,000	1,531,000	1,466,000	1,200,000	1,212,000	1,365,000			908,000	1,510,000	-171,750	-182,000		23,000	254,000	246,000	227,000	108,000	313,000	79,000	248,000	187,000	368,000	746,000	300,000	285,000
gain on sale of equity investment	1,829,500	7,318,000
net income from continuing operations	152,147,000	169,474,000	163,977,000	151,813,000	-13,852,000	133,847,000	337,192,000	143,212,000	121,417,000																																																																29,550,000	31,504,000
income from discontinued operations, net of tax				-29,000	585,000																																																678,750	2,373,000
net income	152,147,000	169,474,000	163,977,000	151,784,000	-13,267,000	133,565,000	336,445,000	148,853,000	119,196,000																				95,646,000	141,396,000	129,608,000	111,580,000	90,370,250	124,236,000	127,117,000	110,128,000	134,969,000	116,372,000	121,435,000	98,686,000	121,715,000	105,310,000	107,302,000	89,061,000	115,821,000	100,808,000	105,056,000	82,971,000	97,226,000	94,490,000	93,163,000	67,252,000	92,684,000	100,748,000	80,428,000	59,300,000	56,911,000	68,425,000	65,477,000	52,330,000	78,269,000	59,573,000	33,837,000	43,494,000	62,997,000	39,285,000	45,218,000	16,259,000	51,700,000	26,427,000	39,974,000	33,225,000	29,550,000	31,504,000	38,736,000	28,393,000
yoy	-1246.81%	26.89%	-51.26%	1.97%	-111.13%																								5.84%	13.81%	1.96%	1.32%	-33.04%	6.76%	4.68%	11.59%	10.89%	10.50%	13.17%	10.81%	5.09%	4.47%	2.14%	7.34%	19.13%	6.69%	12.77%	23.37%	4.90%	-6.21%	15.83%	13.41%	62.86%	47.24%	22.83%	13.32%	-27.29%	14.86%	93.51%	20.32%	24.24%	51.64%	-25.17%	167.51%	21.85%	48.65%	13.12%	-51.06%	74.96%	-16.12%	3.20%	17.02%
qoq	-10.22%	3.35%	8.03%	-1244.07%	-109.93%	-60.30%	126.03%	24.88%																					-32.36%	9.10%	16.16%	23.47%	-27.26%	-2.27%	15.43%	-18.40%	15.98%	-4.17%	23.05%	-18.92%	15.58%	-1.86%	20.48%	-23.10%	14.89%	-4.04%	26.62%	-14.66%	2.90%	1.42%	38.53%	-27.44%	-8.00%	25.26%	35.63%	4.20%	-16.83%	4.50%	25.12%	-33.14%	31.38%	76.06%	-22.20%	-30.96%	60.36%	-13.12%	178.11%	-68.55%	95.63%	-33.89%	20.31%	12.44%	-6.20%	-18.67%	36.43%
net income margin %	4.57%	5.33%	5.53%	5.34%	-0.79%	5.50%	12.61%	5.93%	4.87%	NaN%		NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	4.92%	5.26%	4.93%	4.53%	4.71%	4.74%	4.86%	4.53%	5.34%	4.95%	5.08%	4.30%	5.05%	4.72%	4.87%	4.24%	4.95%	4.77%	4.93%	4.26%	4.80%	4.99%	5.04%	3.82%	5.19%	6.07%	4.99%	3.98%	3.62%	4.15%	3.98%	3.43%	4.56%	3.96%	2.44%	3.26%	4.20%	3.09%	3.71%	1.40%	3.85%	2.35%	3.50%	3.02%	2.47%	3.05%	4.10%	3.20%
less: net income attributable to noncontrolling interests	-4,914,000	-7,188,000		-10,087,000		-3,304,000	-6,583,000	-8,296,000	-4,664,000																				-8,368,500	-13,661,000	-11,680,000	-8,133,000	-7,092,500	-9,460,000	-10,881,000	-8,029,000	-7,301,750	-8,994,000	-13,005,000	-7,208,000	-9,248,000	-8,539,000	-9,216,000	-8,309,000	-11,091,000	-8,847,000	-10,581,000	-6,476,000	-4,231,000	-6,597,000	-9,162,000	-6,352,000	-6,276,000	-4,327,000	-6,955,000	-4,449,000
net income attributable to henry schein, inc.	147,233,000	162,286,000	155,716,000	141,697,000	-10,797,000	130,261,000	329,862,000	140,557,000	114,532,000																				87,277,500	127,735,000	117,928,000	103,447,000	83,277,750	114,776,000	116,236,000	102,099,000	124,268,000	107,378,000	108,430,000	91,478,000	112,467,000	96,771,000	98,086,000	80,752,000	104,730,000	91,961,000	94,475,000	76,495,000	92,995,000	87,893,000	84,001,000	60,900,000	86,408,000	96,421,000	73,473,000	54,851,000
amounts attributable to henry schein inc.:
continuing operations	147,233,000	162,286,000	155,716,000	141,726,000	-11,382,000	130,543,000	330,609,000	134,916,000	116,753,000
discontinued operations				-29,000	585,000	-282,000	-747,000	5,641,000	-2,221,000
earnings per share from continuing operations attributable to henry schein, inc.:
basic	1.07	1.16	1.11	1	-0.08	0.91	2.21	0.92	0.79																				1.05	1.54	1.42	1.24	0.985	1.36	1.37	1.2	0.89	1.25	1.26	1.06	1.3	1.11	1.11	0.92	0.725	1.02	1.04	0.84									0.523	0.77	0.73	0.59	0.88	0.67		0.49	0.71	0.44	0.51	0.19	0.59	0.3	0.46	0.38
diluted	1.05	1.15	1.1	0.99	-0.08	0.91	2.18	0.91	0.78																				1.035	1.52	1.4	1.22	0.97	1.34	1.35	1.18	0.873	1.23	1.23	1.03	1.26	1.08	1.08	0.89	0.705	0.99	1.01	0.82									0.508	0.75	0.71	0.57	0.85	0.65		0.48	0.69	0.44	0.5	0.18	0.58	0.29	0.45	0.37
earnings per share from discontinued operations attributable to henry schein, inc.:
earnings per share attributable to henry schein, inc.:
weighted-average common shares outstanding:
basic	140,091	139,377	140,358	142,362	142,350	142,967	147,817	147,136	148,148																					82,858	83,053	83,230		84,095	84,620	84,808	85,926	85,646	86,370	86,654	87,499	87,465	88,490	88,216	90,120	90,251	90,766	90,615	90,097	90,326	90,021	89,508	88,872	88,796	88,815	88,731		88,930	89,587	89,223	88,559	88,790	88,390	87,911	87,952	88,291	88,381	87,310	87,006	87,232	86,927	86,679	87,253	43,520,000	43,914,000	43,786,000
diluted	141,773	141,079	141,657	143,091	142,350	143,095	149,257	148,575	149,423																					84,084	84,249	84,715		85,450	85,980	86,518	87,622	87,404	87,968	88,792	89,823	89,647	90,553	90,666	92,620	92,869	93,446	93,161	93,268	93,270	93,352	92,721	90,556	91,513	90,534	89,589		91,376	92,012	92,259	91,163	91,399	90,591	89,984	89,820	90,015	89,823	89,242	89,187	89,571	89,115	88,800	89,462	44,495,000	45,040,000	45,110,000
income tax benefit			-48,027,000		950,000																																																								-1,058,000	647,000	12,098,000					12,911,000	514,000	6,916,000
less: net loss attributable to noncontrolling interests			-8,261,000		2,470,000
plus: net loss attributable to noncontrolling interests
loss per share from discontinued operations attributable to henry schein, inc.:
basic
diluted
loss from discontinued operations, net of tax						-282,000
litigation settlements
income from discontinued operations							-747,000	5,641,000	-2,221,000																																																				1,824,000	-1,095,000	-20,602,000
net sales .....................................................................................................................................................................................										2,360,268,000
cost of sales ................................................................................................................................................................................										1,608,578,000
selling, general and administrative ................................................................................................................................................										574,608,000		827,232,000	622,506,000	622,506,000	628,511,000	628,511,000		444,895,750	581,584,000	581,584,000			628,952,000	628,952,000	551,588,000	560,426,000	560,426,000	599,053,000
restructuring costs .....................................................................................................................................................................										4,641,000
interest income .........................................................................................................................................................................										4,771,000		8,032,000	4,793,000	4,793,000	4,107,000	4,107,000		2,511,250	3,141,000	3,141,000			4,304,000	4,304,000	3,129,000	3,257,000	3,257,000	3,348,000
interest expense ........................................................................................................................................................................										-16,301,000		-41,730,000	-13,428,000	-13,428,000	-12,198,000	-12,198,000	-17,538,000	-31,672,000	-7,488,000	-7,488,000	-7,367,000	-7,367,000	-11,430,000	-11,430,000	-6,297,000	-6,290,000	-6,290,000	-7,127,000
other, net .................................................................................................................................................................................										-419,000		-643,000	-194,000	-194,000	728,000	728,000	-338,000	-3,626,000	-199,000	-199,000	268,000	268,000	-45,000	-45,000	-277,000	-177,000	-177,000	3,137,000
income taxes ...............................................................................................................................................................................										-39,482,000											-48,965,000	-48,965,000	-38,630,000	-38,630,000				-53,533,000
equity in earnings of affiliates ........................................................................................................................................................										2,630,000		3,061,000	5,569,000	5,569,000
net income from continuing operations.............................................................................................................................................										123,640,000
income from discontinued operations.......................................................................................................................................										-8,996,000
net income..................................................................................................................................................................................										114,644,000
less: net income attributable to noncontrolling interests ...................................................................................................................										-5,227,000		9,704,000	-12,917,000	-12,917,000	-13,527,000	-13,527,000	-8,413,000	-17,634,000	-11,578,000	-11,578,000	-13,001,000	-13,001,000	-9,505,000	-9,505,000	-13,661,000	-11,680,000	-11,680,000	-10,781,000
net income attributable to henry schein, inc. ....................................................................................................................................										109,783,000
amounts attributable to henry schein inc:........................................................................................................................................
continuing operations....................................................................................................................................................................										118,413,000
discontinued operations.................................................................................................................................................................										-8,630,000
net income attributable to henry schein, inc......................................................................................................................................										109,783,000
earnings per share from continuing operations attributable to henry schein, inc.:
basic .......................................................................................................................................................................................										0.79		0.87	0.88	0.88			0.92				1.47	1.47
diluted ....................................................................................................................................................................................										0.78		0.88	0.87	0.87	0.86	0.86	0.91	0.34	0.82	0.82	1.46	1.46	1.76	1.76	1.52	1.4	1.4	1.37
weighted-average common shares outstanding:
net sales ....................................................................................................................................................................................												2,285,872,250	3,161,083,000	3,161,083,000	3,059,458,000	3,059,458,000		2,112,683,500	2,865,148,000	2,865,148,000	2,872,630,000	2,872,630,000			2,685,835,000	2,629,320,000	2,629,320,000
cost of sales ...............................................................................................................................................................................												1,661,335,500	2,325,029,000	2,325,029,000	2,220,285,000	2,220,285,000		1,520,937,000	2,077,473,000	2,077,473,000	2,071,161,000	2,071,161,000			1,936,927,000	1,878,642,000	1,878,642,000
litigation settlements .................................................................................................................................................................												1,331,250
transaction costs related to animal health spin-off.........................................................................................................................
income taxes ..............................................................................................................................................................................												-39,069,000	-59,340,000	-59,340,000	-58,306,000	-58,306,000		-39,774,750	-56,601,000	-56,601,000					-49,232,000	-53,784,000	-53,784,000
net income .................................................................................................................................................................................												112,695,750	150,948,000	150,948,000	149,582,000	149,582,000		100,730,500	145,291,000	145,291,000	133,098,000	133,098,000			141,396,000	129,608,000	129,608,000
net income attributable to henry schein, inc. ...................................................................................................................................												103,708,500	138,031,000	138,031,000	136,055,000	136,055,000		91,890,500	133,713,000	133,713,000					127,735,000	117,928,000	117,928,000
restructuring costs ....................................................................................................................................................................																	3,762,000	7,452,750	5,370,000	5,370,000	20,383,000	20,383,000			8,438,000	7,222,000	7,222,000	4,058,000
equity in earnings of affiliates .......................................................................................................................................................															4,589,000	4,589,000		3,290,000	5,717,000	5,717,000					5,191,000	3,572,000	3,572,000
basic ......................................................................................................................................................................................															0.86	0.86		0.565	0.83	0.83			1.78	1.78	1.54	1.42	1.42	1.39
net sales ......................................................................................................................................................................................																	3,220,439,000						2,922,948,000	2,922,948,000				2,712,956,000
cost of sales .................................................................................................................................................................................																	2,324,847,000						2,100,028,000	2,100,028,000				1,933,651,000
selling, general and administrative .................................................................................................................................................																	685,688,000				600,409,000	600,409,000
interest income ..........................................................................................................................................................................																	5,158,000				3,556,000	3,556,000
income taxes .................................................................................................................................................................................																	-47,764,000
equity in earnings of affiliates ..........................................................................................................................................................																	2,971,000
net income ...................................................................................................................................................................................																	148,631,000
net income attributable to henry schein, inc. ......................................................................................................................................																	140,218,000
equity in earnings of affiliates .........................................................................................................................................................																					4,929,000	4,929,000	2,086,000	2,086,000				2,514,000
net income attributable to henry schein, inc. .....................................................................................................................................																					120,097,000	120,097,000	140,748,000	140,748,000				113,752,000
net income ..................................................................................................................................................................................																							150,253,000	150,253,000				124,533,000
gross profit																													553,245,250	748,908,000	750,678,000		536,712,750	721,666,000	728,472,000	696,713,000	699,520,000	639,647,000	669,856,000	646,991,000	663,495,000	609,044,000	624,395,000	610,579,000	652,589,000	587,420,000	612,224,000	565,822,000	574,743,000	537,456,000	545,644,000	513,033,000	526,272,000	476,267,000	478,512,000	441,010,000	466,309,000	478,581,000	488,415,000	451,233,000	484,131,000	429,330,000	413,777,000	392,973,000	421,987,000	361,006,000	359,460,000	337,602,000	377,475,000	316,731,000	324,412,000	306,187,000	319,836,000	274,028,000	251,715,000	230,827,000
yoy																													3.08%	3.77%	3.05%		-23.27%	12.82%	8.75%	7.69%	5.43%	5.02%	7.28%	5.96%	1.67%	3.68%	1.99%	7.91%	13.54%	9.30%	12.20%	10.29%	9.21%	12.85%	14.03%	16.33%	12.86%	-0.48%	-2.03%	-2.27%	-3.68%	11.47%	18.04%	14.83%	14.73%	18.93%	15.11%	16.40%	11.79%	13.98%	10.80%	10.26%	18.02%	15.58%	28.88%	32.65%
qoq																													-26.13%	-0.24%			-25.63%	-0.93%	4.56%	-0.40%	9.36%	-4.51%	3.53%	-2.49%	8.94%	-2.46%	2.26%	-6.44%	11.09%	-4.05%	8.20%	-1.55%	6.94%	-1.50%	6.36%	-2.52%	10.50%	-0.47%	8.50%	-5.43%	-2.56%	-2.01%	8.24%	-6.80%	12.76%	3.76%	5.29%	-6.88%	16.89%	0.43%	6.47%	-10.56%	19.18%	-2.37%	5.95%	-4.27%	16.72%	8.86%	9.05%
gross margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%		NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	28.45%	27.88%	28.55%	0%	27.99%	27.51%	27.85%	28.67%	27.69%	27.23%	28.01%	28.21%	27.55%	27.30%	28.36%	29.09%	27.89%	27.82%	28.73%	29.05%	28.40%	28.38%	29.50%	29.14%	29.47%	28.70%	29.70%	29.63%	29.64%	28.99%	29.69%	29.58%	28.19%	28.52%	29.83%	29.46%	28.15%	28.38%	29.46%	29.06%	28.10%	28.14%	28.42%	27.80%	26.78%	26.51%	26.62%	26.03%
operating income																													133,319,750	188,882,000	183,030,000		128,050,000	174,088,000	180,844,000	157,268,000	186,883,000	160,477,000	176,065,000	153,629,000	181,342,000	149,622,000	154,702,000	133,295,000	163,373,000	143,261,000	151,215,000	124,300,000	141,998,000	137,368,000	138,006,000	103,759,000	137,642,000	113,885,000	122,310,000	90,887,000	105,741,000	115,278,000	113,357,000	85,227,000	124,986,000	96,700,000	90,852,000	73,899,000	104,556,000	62,675,000	76,748,000	60,918,000	89,235,000	63,138,000	70,464,000	57,205,000	50,047,000	53,155,000	63,585,000	46,300,000
yoy																													4.12%	8.50%	1.21%		-31.48%	8.48%	2.71%	2.37%	3.06%	7.25%	13.81%	15.25%	11.00%	4.44%	2.31%	7.24%	15.05%	4.29%	9.57%	19.80%	3.16%	20.62%	12.83%	14.16%	30.17%	-1.21%	7.90%	6.64%	-15.40%	19.21%	24.77%	15.33%	19.54%	54.29%	18.38%	21.31%	17.17%	-0.73%	8.92%	6.49%	78.30%	18.78%	10.82%	23.55%
qoq																													-29.42%	3.20%			-26.45%	-3.74%	14.99%	-15.85%	16.45%	-8.85%	14.60%	-15.28%	21.20%	-3.28%	16.06%	-18.41%	14.04%	-5.26%	21.65%	-12.46%	3.37%	-0.46%	33.01%	-24.62%	20.86%	-6.89%	34.57%	-14.05%	-8.27%	1.69%	33.01%	-31.81%	29.25%	6.44%	22.94%	-29.32%	66.82%	-18.34%	25.99%	-31.73%	41.33%	-10.40%	23.18%	14.30%	-5.85%	-16.40%	37.33%
operating margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%		NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	6.86%	7.03%	6.96%	0%	6.68%	6.64%	6.91%	6.47%	7.40%	6.83%	7.36%	6.70%	7.53%	6.71%	7.03%	6.35%	6.98%	6.78%	7.10%	6.38%	7.02%	7.25%	7.46%	5.89%	7.71%	6.86%	7.59%	6.11%	6.72%	6.98%	6.89%	5.59%	7.28%	6.42%	6.55%	5.54%	6.98%	4.93%	6.29%	5.24%	6.64%	5.61%	6.17%	5.19%	4.19%	5.14%	6.72%	5.22%
income before taxes and equity in earnings
of affiliates																													130,984,000	185,437,000	179,820,000		127,360,750	170,776,000	179,622,000		119,526,500	159,925,000	174,444,000		106,881,250	146,585,000	151,430,000
earnings per share attributable to henry schein, inc.:
basic	1.07	1.16	1.11	1	-0.08	0.91	2.21	0.92	0.79																				1.05	1.54	1.42	1.24	0.985	1.36	1.37	1.2	0.89	1.25	1.26	1.06	1.3	1.11	1.11	0.92	0.725	1.02	1.04	0.84									0.523	0.77	0.73	0.59	0.88	0.67		0.49	0.71	0.44	0.51	0.19	0.59	0.3	0.46	0.38
diluted	1.05	1.15	1.1	0.99	-0.08	0.91	2.18	0.91	0.78																				1.035	1.52	1.4	1.22	0.97	1.34	1.35	1.18	0.873	1.23	1.23	1.03	1.26	1.08	1.08	0.89	0.705	0.99	1.01	0.82									0.508	0.75	0.71	0.57	0.85	0.65		0.48	0.69	0.44	0.5	0.18	0.58	0.29	0.45	0.37
loss on sale of equity investment																																						-12,535,000
income before taxes and equity in earnings of affiliates																																				159,045,000				143,737,000				129,510,000
income before taxes, equity in earnings of affiliates
and noncontrolling interests																																													102,311,000	140,510,000
income before taxes, equity in earnings of affiliates and
noncontrolling interests																																															148,263,000	120,471,000					135,337,000	113,039,000
income from continuing operations before taxes, equity in
earnings of affiliates and noncontrolling interests																																																	90,935,750	132,995,000	132,803,000	97,945,000
income from continuing operations																																																	97,226,000	94,490,000	93,163,000	67,252,000	92,684,000	98,375,000	80,428,000	59,300,000	64,779,000	68,425,000	65,477,000	52,330,000	76,445,000	60,668,000	54,439,000	43,494,000	62,997,000	39,285,000	45,218,000	35,627,000	52,454,000	36,380,000
income from discontinued operation, net of tax
amounts attributable to henry schein, inc.:
from continuing operations:
basic																																																	1.03	0.97	0.93	0.68	0.97	1.06	0.83	0.62
diluted																																																	0.99	0.94	0.9	0.66	0.96	1.03	0.81	0.61
from discontinued operation:
basic																																																						0.03
diluted																																																						0.02
from net income:
basic																																																	1.03	0.97	0.93	0.68	0.97	1.09	0.83	0.62
diluted																																																	0.99	0.94	0.9	0.66	0.96	1.05	0.81	0.61
income from continuing operations before
taxes, equity in earnings of affiliates and
from discontinued operations:
basic																																																						0.03
diluted																																																						0.02
taxes, noncontrolling interest and equity in
earnings of affiliates																																																							118,057,000	86,857,000			108,835,000	81,925,000
taxes, minority interest and equity in
earnings (losses) of affiliates																																																									74,393,500	106,814,000
minority interest in net income of subsidiaries																																																									-3,914,750	-5,278,000	-7,131,000	-3,250,000	-6,438,000	-4,247,000	-3,842,000	-2,915,000	-3,643,000	-1,181,000	-1,706,000	-1,560,000			-2,476,000	-51,000			-1,254,000	-525,000
equity in earnings (losses) of affiliates																																																									1,005,000	1,602,000					-528,000
discontinued operations:
income from operations of discontinued
components (including write-down of long-lived
assets of 32.7 million and a loss on sale of
discontinued operation of 1.5 million)
earnings from continuing operations per share:
basic																																																									0.523	0.77	0.73	0.59	0.86	0.68		0.49	0.71	0.44	0.51	0.41	0.61	0.42			-2,258.53	720
diluted																																																									0.508	0.75	0.71	0.57	0.83	0.66		0.48	0.7	0.44	0.5	0.4	0.59	0.41			-2,198.57	710
income from discontinued operations per share:
basic
diluted
earnings per share:
basic	1.07	1.16	1.11	1	-0.08	0.91	2.21	0.92	0.79																				1.05	1.54	1.42	1.24	0.985	1.36	1.37	1.2	0.89	1.25	1.26	1.06	1.3	1.11	1.11	0.92	0.725	1.02	1.04	0.84									0.523	0.77	0.73	0.59	0.88	0.67		0.49	0.71	0.44	0.51	0.19	0.59	0.3	0.46	0.38
diluted	1.05	1.15	1.1	0.99	-0.08	0.91	2.18	0.91	0.78																				1.035	1.52	1.4	1.22	0.97	1.34	1.35	1.18	0.873	1.23	1.23	1.03	1.26	1.08	1.08	0.89	0.705	0.99	1.01	0.82									0.508	0.75	0.71	0.57	0.85	0.65		0.48	0.69	0.44	0.5	0.18	0.58	0.29	0.45	0.37
loss from operations of discontinued
assets of 32.7 million)
loss from discontinued operations
loss from discontinued operations per share:
basic																																																													-0.06	-0.01			-0.055
diluted																																																													-0.06	-0.01			-0.053
income from operations of discontinued components																																																													-8,575,500	-1,742,000	-32,700,000					-32,279,000
income tax expense
income from continuing operations before taxes, minority interest and equity in earnings of affiliates																																																													65,000,000	98,779,000		71,916,000	102,290,000	61,935,000	73,076,000	58,301,000	85,603,000	59,130,000
income from continuing operations before taxes, minority interest and equity in earnings (losses) of affiliates																																																															89,445,000
loss from operations of discontinued components																																																																	-8,069,750
loss on discontinued operations																																																																	-4,842,000
income on discontinued operations																																																																				-19,368,000
earnings from discontinued operations per share:
basic																																																																				-0.22	-0.02	-0.12
diluted																																																																				-0.22	-0.01	-0.12
taxes on income																																																																					-16,438,750	-21,580,000	-24,787,000	-19,432,000			-23,412,000	-17,032,000
minority interest in net loss of subsidiaries																																																																					-944,000	-1,249,000			-426,750	72,000
discontinued operation:
income from operations of discontinued component																																																																					-4,295,000	-16,869,000
income on discontinued operation																																																																					-2,577,000	-9,953,000
earnings from discontinued operation per share:
basic																																																																				-0.22	-0.02	-0.12
diluted																																																																				-0.22	-0.01	-0.12
income before taxes, minority interest and equity in earnings of affiliates																																																																							66,989,000					45,665,000
income before taxes on income, minority interest and equity in earnings of affiliates																																																																								52,521,000			63,102,000
income before taxes on income, minority interest, equity in earnings of affiliates and loss on sale of discontinued operation																																																																									39,368,750	48,708,000
taxes on income from continuing operations																																																																									-16,938,000	-18,022,000
loss on sale of discontinued operation, net of tax
earnings from continuing operations per common share:
basic																																																									0.523	0.77	0.73	0.59	0.86	0.68		0.49	0.71	0.44	0.51	0.41	0.61	0.42			-2,258.53	720
diluted																																																									0.508	0.75	0.71	0.57	0.83	0.66		0.48	0.7	0.44	0.5	0.4	0.59	0.41			-2,198.57	710
loss on sale of discontinued operation, net of tax per common share:
basic
diluted
earnings per common share:
basic																																																																									565	720	880
diluted																																																																									550	710	860
net income per common share:
basic																																																																												650
diluted																																																																												630

Balance Sheets:

Quarterly

Annual

Unit: USD	2021-12-25	2021-09-25	2021-06-26	2020-09-26	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-29	2018-09-29	2018-08-06	2018-06-30	2018-03-31	2018-02-21	2017-12-30	2017-11-06	2017-09-30	2017-08-08	2017-07-01	2017-05-09	2017-04-01	2016-11-02	2016-09-24	2016-08-04	2016-06-25	2016-03-26	2015-12-26	2015-09-26	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2014-03-29	2013-12-28	2013-09-28	2013-06-29	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-09-24	2011-06-25	2011-03-26	2010-12-25	2010-09-25	2010-06-26	2010-03-27	2009-12-26	2009-09-26	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-09-24	2005-06-25	2005-03-26	2004-12-25	2004-09-25	2004-06-26	2004-03-27	2003-12-27

assets
current assets:
cash and cash equivalents	117,965,000	119,133,000	167,228,000	533,495,000	296,110,000	617,368,000	106,097,000	75,256,000	84,924,000																				72,086,000	60,481,000	47,068,000	59,202,000	89,474,000	76,542,000	89,698,000	129,115,000	188,616,000	69,915,000	78,839,000	90,562,000	122,080,000	89,336,000	87,896,000	101,813,000	147,284,000	106,872,000	161,789,000	116,712,000	150,348,000	203,730,000	321,116,000	355,388,000	471,154,000	317,607,000	393,873,000	308,156,000	369,570,000	288,364,000	271,432,000	203,036,000	247,590,000	207,458,000	190,971,000	154,456,000	248,647,000	176,070,000	138,334,000	159,890,000	254,498,000	220,077,000	187,108,000	114,741,000	186,621,000	72,971,000	106,337,000	73,086,000	157,351,000
accounts receivable	1,451,829,000	1,551,946,000	1,356,881,000	1,407,676,000	1,101,201,000	1,198,743,000	1,246,246,000	1,278,939,000	1,203,925,000	1,193,054,000	1,603,711,000	1,627,640,000	1,561,097,000	1,561,097,000	1,576,390,000	1,470,047,000	1,470,047,000	1,544,582,000	1,544,582,000	1,409,060,000	1,409,060,000	1,362,832,000	1,362,832,000	1,367,604,000	1,367,604,000	1,296,225,000	1,296,225,000	1,274,950,000	1,229,816,000	1,223,636,000	1,164,380,000	1,099,273,000	1,127,517,000	1,179,171,000	1,188,143,000	1,116,502,000	1,055,216,000	1,103,272,000	1,039,914,000	1,028,163,000	1,015,194,000	1,035,529,000	972,292,000	957,470,000	888,248,000	983,060,000	963,073,000	934,952,000	885,784,000	923,026,000	829,917,000	803,044,000	725,397,000	764,285,000	730,996,000	677,193,000	734,027,000	767,304,000	731,499,000	702,519,000	708,307,000	764,590,000	637,229,000	617,427,000	610,020,000	605,058,000	579,766,000	546,414,000	582,617,000	612,040,000	580,699,000	550,262,000	554,666,000	542,523,000	518,808,000	472,927,000	467,085,000
inventories	1,861,138,000	1,784,050,000	1,688,210,000	1,463,434,000	1,406,719,000	1,328,405,000	1,428,799,000	1,356,897,000	1,367,516,000																				1,509,957,000	1,424,923,000	1,314,220,000	1,297,825,000	1,327,796,000	1,283,698,000	1,257,235,000	1,246,873,000	1,250,403,000	1,123,107,000	1,099,012,000	1,136,043,000	1,203,507,000	1,070,854,000	976,996,000	975,797,000	947,849,000	923,687,000	926,722,000	930,341,000	870,206,000	849,541,000	797,603,000	806,115,000	775,199,000	770,370,000	737,956,000	740,947,000	731,654,000	731,514,000	693,556,000	701,767,000	666,786,000	676,557,000	579,474,000	583,236,000	584,103,000	572,569,000	551,552,000	511,949,000	505,542,000	483,281,000	494,323,000	495,574,000	486,494,000	449,844,000	444,979,000	408,073,000	385,846,000
prepaid expenses and other	413,103,000	457,232,000	529,929,000	464,645,000	605,176,000	474,589,000	445,360,000	404,650,000	452,349,000																				361,082,000	356,794,000	322,134,000	293,335,000	311,788,000	319,354,000	310,496,000	307,028,000	276,565,000	272,360,000	292,416,000	265,576,000	299,547,000	257,031,000	233,267,000	217,377,000	234,157,000	249,405,000	243,248,000	228,143,000	214,013,000	230,617,000	205,986,000	183,400,000	183,782,000	186,744,000	187,798,000	176,634,000	194,047,000	194,740,000	186,508,000	192,727,000	192,292,000	145,372,000	123,846,000	119,169,000	125,839,000	134,324,000	124,113,000	164,970,000	126,052,000	129,256,000	127,101,000	137,169,000	174,167,000	166,219,000	146,442,000	101,190,000	112,631,000
property and equipment	366,456,000	355,675,000	358,224,000	334,954,000	335,898,000	328,033,000	329,645,000	311,123,000	315,422,000																				318,476,000	311,891,000	310,333,000	292,044,000	311,496,000	303,157,000	292,972,000	285,528,000	275,888,000	265,273,000	256,775,000	262,825,000	273,458,000	258,683,000	255,715,000	259,760,000	262,088,000	262,502,000	270,021,000	271,750,000	252,573,000	254,004,000	248,233,000	249,720,000	259,576,000	257,602,000	254,008,000	242,175,000	247,835,000	247,345,000	254,110,000	255,765,000	247,671,000	236,309,000	223,227,000	221,234,000	225,038,000	218,154,000	209,876,000	194,258,000	190,746,000	180,878,000	184,287,000	175,315,000	176,103,000	171,683,000	158,036,000	151,496,000	154,205,000
operating lease right-of-use assets	324,950,000	329,886,000	301,440,000	249,895,000	211,473,000	215,122,000	231,662,000	240,126,000	236,113,000
goodwill	2,854,150,000	2,779,234,000	2,722,974,000	2,488,962,000	2,471,108,000	2,470,603,000	2,462,495,000	2,441,175,000	2,431,103,000																				1,907,593,000	1,901,520,000	1,871,844,000	1,855,714,000	1,884,123,000	1,886,281,000	1,832,377,000	1,802,905,000	1,635,005,000	1,634,480,000	1,607,731,000	1,610,996,000	1,601,046,000	1,591,482,000	1,523,446,000	1,483,094,000	1,497,108,000	1,495,256,000	1,512,702,000	1,499,689,000	1,424,794,000	1,425,651,000	1,368,106,000	1,258,722,000	986,395,000	977,054,000	948,862,000	899,884,000	922,952,000	917,258,000	954,203,000	947,885,000	917,194,000	887,285,000	771,834,000	787,018,000	773,801,000	751,664,000	717,734,000	682,482,000	626,869,000	630,719,000	629,096,000	633,965,000	627,215,000	564,236,000	570,420,000	401,318,000	398,888,000
other intangibles	667,626,000	645,832,000	604,515,000	510,395,000	527,875,000	554,747,000	572,878,000	603,172,000	631,337,000																				592,971,000	615,258,000	601,118,000	601,472,000	643,736,000	654,070,000	594,358,000	587,202,000	417,133,000	431,504,000	435,412,000	453,502,000	462,182,000	471,143,000	425,038,000	409,142,000	409,612,000	426,061,000	447,501,000	458,480,000	405,468,000	413,701,000	406,828,000	349,657,000	204,445,000	212,042,000	206,429,000	203,163,000	214,093,000	174,772,000	191,039,000	193,150,000	192,420,000	203,389,000	155,623,000	157,874,000	161,542,000	161,423,000	140,270,000	133,936,000	123,204,000	124,680,000	131,784,000	133,307,000	129,285,000	134,620,000	99,861,000	38,883,000	37,551,000
investments and other	423,874,000	397,764,000	394,665,000	356,439,000	362,565,000	331,590,000	327,919,000	385,744,000	389,648,000																				454,600,000	422,716,000	416,994,000	387,780,000	386,286,000	358,886,000	360,044,000	327,569,000	461,945,000	311,412,000	291,322,000	292,948,000	292,934,000	278,045,000	299,913,000	300,627,000	298,828,000	297,345,000	304,525,000	303,564,000	295,334,000	263,329,000	181,953,000	185,160,000	182,036,000	176,888,000	146,901,000	147,006,000	148,482,000	152,937,000	139,040,000	118,367,000	107,900,000	103,041,000	97,110,000	97,487,000	75,917,000	69,729,000	59,433,000	62,762,000	57,892,000	62,792,000	74,857,000	68,908,000	70,324,000	81,479,000	125,282,000	154,861,000	72,242,000
liabilities and stockholders' equity
current liabilities:
accounts payable	1,053,934,000	1,057,127,000	903,859,000	1,006,958,000	734,957,000	780,853,000	880,266,000	854,658,000	745,621,000																				1,005,798,000	873,785,000	778,748,000	716,975,000	860,996,000	822,068,000	755,999,000	685,915,000	824,495,000	723,905,000	682,604,000	609,028,000	787,658,000	707,641,000	619,936,000	571,341,000	621,468,000	595,476,000	605,785,000	579,474,000	590,029,000	532,274,000	504,248,000	483,299,000	521,079,000	507,462,000	435,579,000	426,066,000	554,773,000	511,655,000	453,800,000	428,691,000	474,009,000	514,830,000	361,031,000	343,491,000	414,062,000	365,704,000	351,566,000	340,651,000	371,392,000	343,653,000	322,256,000	304,487,000	367,213,000	262,083,000	287,714,000	258,704,000	278,163,000
bank credit lines	50,530,000	59,394,000	72,105,000	507,372,000	503,178,000	381,899,000	23,975,000	107,841,000	242,787,000																				328,631,000	186,886,000	132,428,000	163,067,000	182,899,000	188,815,000	83,671,000	144,042,000	29,508,000	15,751,000	15,588,000	50,073,000	27,166,000	155,219,000	83,454,000	5,004,000	55,014,000	40,015,000	49,236,000	97,194,000	41,508,000	201,142,000	255,000	9,000	932,000	1,731,000	2,014,000	1,911,000	4,936,000	6,226,000	6,207,000	5,569,000	8,977,000	2,856,000	2,367,000	2,359,000	2,528,000	2,550,000	2,262,000	3,380,000	2,093,000	2,764,000	4,302,000	6,066,000	5,969,000	6,824,000	85,033,000	10,542,000	6,059,000
current maturities of long-term debt	10,640,000	9,638,000	9,839,000	110,015,000	109,587,000	109,507,000	109,849,000	109,188,000	9,136,000																				17,331,000	14,456,000	14,716,000	14,586,000	5,815,000	5,782,000	6,302,000	105,984,000	5,441,000	80,588,000	5,894,000	1,908,000	17,992,000	17,739,000	17,129,000	23,028,000	22,819,000	20,076,000	21,186,000	8,357,000	4,487,000	25,122,000	25,215,000	25,630,000	23,560,000	23,933,000	154,251,000	155,044,000	156,405,000	153,802,000	23,624,000	24,475,000	24,319,000	29,050,000	27,830,000	37,495,000	41,036,000	40,617,000	31,182,000	30,717,000	33,013,000	8,047,000	8,356,000	3,786,000	3,906,000	3,896,000	3,114,000	3,259,000	3,253,000
operating lease liabilities	76,393,000	77,383,000	75,008,000	62,914,000	61,710,000	63,150,000	65,349,000	67,374,000	68,288,000
accrued expenses:
long-term debt	811,346,000	705,540,000	706,487,000	515,357,000	515,802,000	865,821,000	622,908,000	872,229,000	973,147,000																				463,752,000	597,106,000	588,523,000	653,718,000	542,776,000	630,806,000	665,909,000	541,687,000	450,233,000	311,458,000	446,709,000	600,599,000	488,121,000	436,426,000	434,417,000	453,058,000	363,524,000	371,864,000	372,924,000	407,462,000	395,309,000	383,495,000	523,421,000	522,882,000	243,373,000	242,511,000	261,229,000	256,333,000	266,646,000	268,990,000	424,470,000	428,541,000	423,274,000	432,279,000	450,260,000	457,318,000	455,806,000	456,487,000	486,014,000	488,214,000	489,520,000	513,592,000	518,954,000	517,093,000	525,682,000	522,767,000	420,877,000	273,327,000	247,100,000
deferred income taxes	42,283,000	37,248,000	46,528,000	32,408,000	56,925,000	73,225,000	64,989,000	68,643,000	72,177,000																				58,159,000	54,339,000	57,535,000	52,619,000	56,591,000	69,472,000	66,431,000	77,388,000	63,865,000	66,766,000	63,085,000	65,071,000	64,049,000	59,429,000	60,693,000	54,553,000	54,970,000	54,108,000	54,178,000	51,363,000	48,951,000	40,860,000	42,934,000	44,445,000	48,001,000	40,747,000	38,667,000	37,386,000	36,974,000	32,340,000	36,203,000	37,328,000	32,827,000	31,742,000	29,338,000	29,992,000	28,240,000	28,629,000	27,868,000	30,108,000	35,505,000	29,474,000	30,633,000	30,901,000	28,795,000	28,696,000	30,108,000	30,754,000	30,559,000
other liabilities	376,672,000	388,211,000	423,416,000	370,745,000	374,045,000	333,421,000	331,173,000	322,378,000	329,568,000																				212,121,000	202,385,000	193,704,000	181,246,000	181,830,000	158,736,000	152,029,000	136,253,000	139,526,000	128,937,000	119,291,000	119,713,000	125,314,000	96,402,000	82,980,000	84,081,000	80,568,000	76,732,000	77,368,000	82,711,000	76,753,000	75,582,000	72,348,000	74,504,000	75,304,000	72,038,000	58,482,000	56,131,000	58,109,000	52,303,000	54,644,000	52,709,000	53,906,000	62,206,000	62,962,000	61,291,000	60,209,000	58,260,000	59,572,000	56,146,000	53,547,000	52,364,000	48,514,000	39,595,000	28,999,000	22,226,000	13,816,000	38,582,000	37,432,000
redeemable noncontrolling interests	613,312,000	612,582,000	604,081,000	294,700,000	279,225,000	272,126,000	287,258,000	283,325,000	287,714,000																				542,194,000	584,591,000	567,672,000	573,137,000	564,527,000	549,432,000	497,927,000	482,701,000	497,539,000	475,021,000	466,024,000	463,363,000	435,175,000	375,661,000	359,114,000	369,039,000	402,050,000	417,060,000	424,164,000	426,060,000	304,140,000	299,101,000	341,099,000	286,535,000	178,570,000	177,513,000
commitments and contingencies
stockholders' equity:
preferred stock, 0.01 par value...
common stock, 0.01 par value...
additional paid-in capital				11,044,000	16,475,000	17,565,000	47,768,000	65,641,000	65,356,000																				207,374,000	259,504,000	248,772,000	244,748,000	265,363,000	269,918,000	265,469,000	297,057,000	318,225,000	328,657,000	337,731,000	339,856,000	375,946,000	404,867,000	398,819,000	410,140,000	401,262,000	538,029,000	541,373,000	518,842,000	601,014,000	592,646,000	632,240,000	607,679,000	603,772,000	533,508,000	740,186,000	729,939,000	705,799,000	712,670,000	693,133,000	693,369,000	673,763,000	665,013,000	643,033,000	629,051,000	614,551,000	610,717,000	593,120,000	587,107,000	472,960,000	475,198,000	464,660,000	454,359,000	445,573,000	445,825,000	453,383,000	457,078,000	445,118,000
retained earnings	3,595,233,000	3,594,238,000	3,465,647,000	3,314,136,000	3,172,439,000	3,183,236,000	3,116,215,000	2,957,850,000	2,900,387,000																				2,895,997,000	2,878,696,000	2,779,521,000	2,689,620,000	2,642,523,000	2,564,882,000	2,505,721,000	2,445,536,000	2,398,267,000	2,328,174,000	2,275,516,000	2,223,037,000	2,183,905,000	2,130,476,000	2,076,060,000	2,061,263,000	2,007,477,000	1,950,593,000	1,928,138,000	1,837,229,000	1,779,178,000	1,722,146,000	1,637,508,000	1,553,507,000	1,492,607,000	1,406,199,000	1,309,778,000	1,236,305,000	1,195,771,000	1,156,950,000	1,103,206,000	1,057,385,000	1,005,055,000	926,786,000	867,213,000	833,376,000	808,164,000	754,010,000	716,100,000	684,217,000	735,079,000	698,868,000	676,105,000	639,016,000	615,265,000	590,536,000	575,123,000	552,191,000	533,654,000
accumulated other comprehensive loss	-171,478,000	-137,640,000	-106,779,000	-171,332,000	-199,251,000	-227,648,000	-167,373,000	-195,426,000	-139,944,000																				-219,939,000	-199,682,000	-165,737,000	-201,867,000
noncontrolling interests	638,066,000	647,625,000	646,415,000	636,994,000	630,458,000	631,215,000	632,093,000	629,782,000	618,937,000																				2,558,000	2,594,000	2,623,000	2,539,000	2,851,000	2,785,000	2,789,000	2,746,000	2,804,000	2,123,000	2,059,000	1,445,000	2,279,000	1,407,000	1,396,000	1,426,000	1,401,000	1,408,000	1,464,000	1,370,000	1,332,000					61,716,000
preferred stock, .01 par value...
common stock, .01 par value...																																																													896,000	895,000	891,000	888,000	885,000	886,000	882,000	883,000	871,000	874,000	871,000	868,000	867,000	434,000	437,000	440,000	438,000
assets of discontinued operations
liabilities of discontinued operations
redeemable noncontrolling interests from discontinued operations
cash and cash equivalents ..............................................................................................................................................................										88,115,000	80,209,000	119,740,000	111,321,000	111,321,000	99,235,000	174,658,000	174,658,000	79,879,000	79,879,000	74,654,000	74,654,000	62,888,000	62,888,000	76,192,000	76,192,000	63,560,000	63,560,000	71,614,000
inventories, net .............................................................................................................................................................................										1,370,376,000	1,970,742,000	1,932,855,000	1,930,202,000	1,930,202,000	2,015,069,000	1,933,803,000	1,933,803,000	1,692,256,000	1,692,256,000	1,567,159,000	1,567,159,000	1,623,983,000	1,623,983,000	1,468,312,000	1,468,312,000	1,482,507,000	1,482,507,000	1,500,369,000
prepaid expenses and other .............................................................................................................................................................										457,566,000	520,558,000	513,717,000	459,320,000	459,320,000	430,111,000	454,752,000	454,752,000	465,812,000	465,812,000	412,904,000	412,904,000	342,554,000	342,554,000	373,847,000	373,847,000	377,657,000	377,657,000	363,965,000
assets of discontinued operations......................................................................................................................................................
property and equipment, net ................................................................................................................................................................										315,393,000	382,398,000	374,051,000			377,002,000	375,001,000	375,001,000			351,381,000	351,381,000
operating lease right-of-use asset, net.....................................................................................................................................................										248,122,000
goodwill ..........................................................................................................................................................................................										2,413,566,000	2,820,295,000	2,685,681,000	2,255,932,000	2,255,932,000	2,317,873,000	2,301,331,000	2,301,331,000	2,224,657,000	2,224,657,000	2,172,563,000	2,172,563,000	2,058,687,000	2,058,687,000	1,975,566,000	1,975,566,000	1,954,584,000	1,954,584,000	1,925,111,000
other intangibles, net ..........................................................................................................................................................................										654,668,000	584,244,000	618,201,000
investments and other........................................................................................................................................................................										404,004,000
assets of discontinued operations..........................................................................................................................................................
accounts payable ..........................................................................................................................................................................										695,204,000	1,227,209,000	1,136,120,000
bank credit lines ............................................................................................................................................................................										299,914,000	951,458,000	1,144,881,000			954,140,000	741,653,000	741,653,000			577,477,000	577,477,000
current maturities of long-term debt .................................................................................................................................................										9,117,000	8,955,000	12,482,000	12,475,000	12,475,000				17,247,000	17,247,000			18,604,000	18,604,000	17,460,000	17,460,000	17,189,000	17,189,000	17,333,000
operating lease liabilities..................................................................................................................................................................										68,460,000
liabilities of discontinued operations.................................................................................................................................................
long-term debt .................................................................................................................................................................................										973,500,000		1,000,315,000	985,385,000	985,385,000	1,000,515,000			907,592,000	907,592,000	807,625,000	807,625,000	708,422,000	708,422,000	718,024,000	718,024,000	700,052,000	700,052,000	666,283,000
deferred income taxes ........................................................................................................................................................................										76,850,000	31,570,000	45,947,000
operating lease liabilities......................................................................................................................................................................										187,308,000
other liabilities ..................................................................................................................................................................................										327,057,000	392,313,000	415,045,000	407,458,000	407,458,000	421,684,000	420,285,000	420,285,000	292,179,000	292,179,000	288,478,000	288,478,000	256,875,000	256,875,000	257,755,000	257,755,000	250,018,000	250,018,000	242,675,000
liabilities of discontinued operations.....................................................................................................................................................
redeemable noncontrolling interests .....................................................................................................................................................										286,700,000	312,156,000	282,502,000	292,986,000	292,986,000	670,017,000	832,138,000	832,138,000	737,747,000	737,747,000	747,022,000	747,022,000	719,390,000	719,390,000	571,369,000	571,369,000	568,693,000	568,693,000	529,997,000
redeemable noncontrolling interests from discontinued operations.............................................................................................................
commitments and contingencies ..........................................................................................................................................................
additional paid-in capital ................................................................................................................................................................										86,128,000
retained earnings ..........................................................................................................................................................................										2,859,182,000	3,208,589,000	3,191,260,000	3,123,398,000	3,123,398,000	2,998,328,000	2,940,029,000	2,940,029,000	3,164,541,000	3,164,541,000	3,134,989,000	3,134,989,000	3,068,249,000	3,068,249,000	2,996,773,000	2,996,773,000	3,010,456,000	3,010,456,000	2,933,805,000
accumulated other comprehensive loss .............................................................................................................................................										-149,878,000	-248,771,000	-219,649,000	-211,392,000	-211,392,000	-97,888,000	-130,067,000	-130,067,000	-154,472,000	-154,472,000	-209,526,000	-209,526,000	-281,819,000	-281,819,000	-222,180,000	-222,180,000	-214,607,000	-214,607,000	-209,697,000
noncontrolling interests ..................................................................................................................................................................										617,751,000	580,456,000	443,581,000	9,371,000	9,371,000				8,571,000	8,571,000			8,169,000	8,169,000	7,861,000	7,861,000	7,890,000	7,890,000	2,536,000
investments and other ........................................................................................................................................................................											538,370,000	518,425,000			449,731,000	432,002,000	432,002,000			472,922,000	472,922,000
long-term debt, net ...........................................................................................................................................................................											1,003,873,000
property and equipment, net ...............................................................................................................................................................													368,604,000	368,604,000				361,708,000	361,708,000			336,465,000	336,465,000	324,108,000	324,108,000	320,098,000	320,098,000	324,283,000
other intangibles, net .........................................................................................................................................................................													612,857,000	612,857,000	649,465,000	669,641,000	669,641,000	666,997,000	666,997,000	636,813,000	636,813,000	599,183,000	599,183,000	593,260,000	593,260,000	593,919,000	593,919,000	603,249,000
investments and other .......................................................................................................................................................................													510,453,000	510,453,000				450,770,000	450,770,000			458,028,000	458,028,000	454,704,000	454,704,000	487,404,000	487,404,000	476,924,000
accounts payable .........................................................................................................................................................................													1,117,925,000	1,117,925,000	1,020,739,000	1,153,012,000	1,153,012,000	1,029,138,000	1,029,138,000	882,674,000	882,674,000	843,782,000	843,782,000	931,090,000	931,090,000	881,667,000	881,667,000	809,124,000
bank credit lines ...........................................................................................................................................................................													1,179,334,000	1,179,334,000				631,865,000	631,865,000			671,724,000	671,724,000	333,123,000	333,123,000	237,809,000	237,809,000	424,030,000
deferred income taxes .......................................................................................................................................................................													48,126,000	48,126,000				91,786,000	91,786,000			79,107,000	79,107,000	143,612,000	143,612,000	248,308,000	248,308,000	257,877,000
commitments and contingencies .........................................................................................................................................................
current maturities of long-term debt ..................................................................................................................................................															14,164,000	16,659,000	16,659,000			17,241,000	17,241,000
deferred income taxes .........................................................................................................................................................................															54,453,000	50,431,000	50,431,000			89,756,000	89,756,000
commitments and contingencies ...........................................................................................................................................................
noncontrolling interests .................................................................................................................................................................															9,936,000	12,911,000	12,911,000			8,375,000	8,375,000
long-term debt, net ............................................................................................................................................................................																907,756,000	907,756,000
additional paid-in capital ...............................................................................................................................................................																								119,918,000	119,918,000	151,056,000	151,056,000	188,769,000
deferred income taxes ...................................................................................................................................................................																										57,642,000	57,642,000	60,105,000
total current assets																													3,231,100,000	3,120,173,000	2,905,337,000	2,802,254,000	2,913,166,000	2,928,237,000	2,912,003,000	2,876,906,000	2,834,665,000	2,635,420,000	2,573,266,000	2,585,415,000	2,704,377,000	2,512,179,000	2,331,144,000	2,307,010,000	2,272,508,000	2,317,132,000	2,349,010,000	2,261,511,000	2,169,302,000	2,247,774,000	2,212,545,000	2,219,372,000	2,203,533,000	2,079,753,000	2,089,290,000	1,940,316,000	2,066,272,000	2,014,262,000	1,931,123,000	1,873,302,000	1,848,799,000	1,853,469,000	1,648,858,000	1,551,779,000	1,644,848,000	1,516,650,000	1,522,740,000	1,493,506,000	1,584,409,000	1,482,553,000	1,419,864,000	1,328,647,000	1,430,743,000	1,260,253,000	1,246,674,000	1,086,030,000	1,156,484,000
total assets																													6,504,740,000	6,371,558,000	6,105,626,000	5,939,264,000	6,138,807,000	6,130,631,000	5,991,754,000	5,880,110,000	5,624,636,000	5,278,089,000	5,164,506,000	5,205,686,000	5,333,997,000	5,111,532,000	4,835,256,000	4,759,633,000	4,740,144,000	4,798,296,000	4,883,759,000	4,794,994,000	4,547,471,000	4,604,459,000	4,417,665,000	4,262,631,000	3,835,985,000	3,703,339,000	3,645,490,000	3,432,544,000	3,599,634,000	3,506,574,000	3,469,515,000	3,388,469,000	3,313,984,000	3,283,493,000	2,896,652,000	2,815,392,000	2,881,146,000	2,717,620,000	2,650,053,000	2,566,944,000	2,583,120,000	2,481,622,000	2,439,888,000	2,340,142,000	2,433,670,000	2,212,271,000	2,200,273,000	1,832,588,000	1,819,370,000
payroll and related																													258,416,000	218,486,000	221,335,000	181,584,000	237,511,000	204,776,000	208,886,000	182,007,000	216,629,000	181,444,000	182,587,000	154,845,000	207,381,000	175,089,000	179,186,000	147,662,000	191,173,000	175,919,000	170,314,000	153,892,000	172,746,000	154,103,000	139,290,000	129,727,000	155,298,000	148,665,000	123,182,000	106,768,000	135,523,000	132,000,000	124,213,000	114,881,000	136,291,000	122,898,000	104,099,000	96,994,000	110,401,000	95,705,000	87,538,000	83,318,000	96,113,000	86,798,000	91,515,000	70,131,000	89,431,000	70,259,000	89,633,000	51,778,000
taxes																													161,760,000	167,333,000	155,420,000	152,310,000	151,162,000	171,870,000	158,363,000	165,814,000	145,161,000	156,945,000	139,605,000	137,114,000	132,774,000	130,576,000	126,703,000	131,811,000	121,234,000	127,337,000	125,721,000	131,387,000	91,581,000	107,040,000	91,721,000	97,379,000	86,034,000	83,951,000	91,091,000	84,304,000	69,792,000	81,577,000	87,359,000	92,910,000	73,278,000	77,882,000	56,303,000	52,720,000	59,007,000	54,345,000	41,414,000	44,532,000	65,070,000	57,721,000	56,884,000	57,764,000	70,970,000	57,234,000	58,565,000	48,385,000	45,969,000
other																													375,061,000	336,335,000	334,095,000	318,317,000	341,728,000	312,523,000	330,680,000	329,499,000	329,429,000	287,812,000	288,057,000	289,601,000	299,738,000	262,694,000	257,046,000	260,290,000	259,932,000	242,529,000	264,703,000	263,899,000	267,736,000	267,966,000	265,468,000	277,827,000	289,351,000	263,392,000	251,495,000	237,792,000	262,236,000	215,438,000	226,615,000	222,994,000	223,765,000	204,760,000	181,875,000	165,113,000	183,054,000	165,325,000	158,122,000	146,477,000	156,433,000	136,019,000	140,158,000	129,832,000	156,410,000	129,761,000	125,077,000	106,530,000
total current liabilities																													2,146,997,000	1,797,281,000	1,636,742,000	1,546,839,000	1,780,111,000	1,705,834,000	1,543,901,000	1,613,261,000	1,550,663,000	1,446,445,000	1,314,335,000	1,242,569,000	1,472,709,000	1,448,958,000	1,283,454,000	1,139,136,000	1,271,640,000	1,201,352,000	1,236,945,000	1,234,203,000	1,168,087,000	1,287,647,000	1,026,197,000	1,013,871,000	1,076,254,000	1,029,134,000	1,057,612,000	1,011,885,000	1,183,665,000	1,100,698,000	921,818,000	889,520,000	940,639,000	1,013,891,000	733,505,000	698,172,000	810,088,000	724,246,000	672,084,000	649,075,000	724,114,000	635,002,000	623,471,000	572,066,000	693,899,000	530,057,000	649,136,000	479,198,000	519,188,000
total liabilities																													3,075,732,000	2,845,021,000	2,671,938,000	2,630,248,000	2,757,835,000	2,760,060,000	2,640,295,000	2,578,352,000	2,339,096,000	2,092,103,000	2,081,044,000	2,162,649,000	2,282,958,000	2,162,763,000	1,986,098,000	1,863,119,000	1,904,471,000	1,840,674,000	1,884,775,000	1,920,734,000	1,830,374,000	1,937,289,000	1,809,568,000	1,784,526,000	1,495,907,000
none outstanding
82,415,320 outstanding on december 26, 2015 and
84,008,537 outstanding on december 27, 2014																													824,000	834,000	837,000	839,000
total henry schein, inc. stockholders' equity																													2,884,256,000	2,939,352,000	2,863,393,000	2,733,340,000	2,813,594,000	2,818,354,000	2,850,743,000	2,816,311,000	2,785,197,000	2,708,842,000	2,615,379,000	2,578,229,000	2,613,585,000	2,571,701,000	2,488,648,000	2,526,049,000	2,432,222,000	2,539,154,000	2,573,356,000	2,446,830,000	2,411,625,000	2,366,648,000	2,266,814,000	2,191,406,000	2,161,479,000	2,012,474,000	2,096,444,000	1,951,566,000
total stockholders' equity																													2,886,814,000	2,941,946,000	2,866,016,000	2,735,879,000	2,816,445,000	2,821,139,000	2,853,532,000	2,819,057,000	2,788,001,000	2,710,965,000	2,617,438,000	2,579,674,000	2,615,864,000	2,573,108,000	2,490,044,000	2,527,475,000	2,433,623,000	2,540,562,000	2,574,820,000	2,448,200,000	2,412,957,000	2,368,069,000	2,266,998,000	2,191,570,000	2,161,508,000	2,074,190,000	2,171,625,000	2,022,060,000	1,932,185,000	1,947,522,000	1,929,068,000
total liabilities, redeemable noncontrolling interests and stockholders' equity																													6,504,740,000	6,371,558,000	6,105,626,000	5,939,264,000	6,138,807,000	6,130,631,000	5,991,754,000	5,880,110,000	5,624,636,000	5,278,089,000	5,164,506,000	5,205,686,000	5,333,997,000	5,111,532,000	4,835,256,000	4,759,633,000	4,740,144,000	4,798,296,000	4,883,759,000	4,794,994,000	4,547,471,000	4,604,459,000	4,417,665,000	4,262,631,000	3,835,985,000
83,384,956 outstanding on september 26, 2015 and
83,654,154 outstanding on june 27, 2015 and
83,870,731 outstanding on march 28, 2015 and
84,008,537 outstanding on december 27, 2014 and
85,622,452 outstanding on december 28, 2013																																	840,000	845,000	850,000	856,000
accumulated other comprehensive income																																	-95,132,000	-17,291,000	78,703,000	72,862,000	67,849,000	51,151,000	1,265,000	14,462,000	52,855,000	35,475,000	12,880,000	53,744,000	22,584,000	49,623,000	102,921,000	89,836,000	30,514,000	50,932,000	-3,849,000	29,307,000	64,194,000	71,863,000	45,578,000	-15,580,000	29,721,000	77,003,000	131,831,000	134,141,000	100,268,000	80,861,000	56,144,000	45,819,000	47,363,000	41,164,000	44,746,000	26,670,000	21,059,000	24,773,000	21,136,000	34,622,000	44,785,000	22,980,000	20,125,000	19,833,000	24,999,000
84,459,689 outstanding on september 27, 2014 and
85,022,123 outstanding on june 28, 2014 and
85,563,353 outstanding on march 29, 2014 and
85,622,452 outstanding on december 28, 2013 and
87,850,671 outstanding on december 29, 2012																																					856,000	860,000	867,000	874,000
86,029,175 outstanding on september 28, 2013 and
86,726,281 outstanding on june 29, 2013 and
87,381,543 outstanding on march 30, 2013 and
87,850,671 outstanding on december 29, 2012 and
89,928,082 outstanding on december 31, 2011																																									879,000	883,000	889,000	902,000
88,264,853 outstanding on september 29, 2012 and
88,904,637 outstanding on june 30, 2012 and
90,179,606 outstanding on march 31, 2012 and
89,928,082 outstanding on december 31, 2011 and
91,939,477 outstanding on december 25, 2010																																													899,000	909,000	924,000	923,000
90,881,484 outstanding on september 24, 2011 and
92,384,610 outstanding on june 25, 2011 and
92,261,494 outstanding on march 26, 2011 and
91,939,477 outstanding on december 25, 2010 and
90,630,889 outstanding on december 26, 2009																																																	919,000	924,000	915,000	913,000
92,366,321 outstanding on september 25, 2010 and
noncontrolling interest																																																		1,421,000	184,000	164,000	29,000		75,181,000	70,494,000
available-for-sale securities																																																			14,989,000	26,980,000							11,925,000	35,925,000	997,000	27,750,000	88,000,000	47,499,000	47,999,000		101,107,000	80,175,000	80,195,000	8,425,000
91,514,440 outstanding on june 26, 2010 and
91,319,162 outstanding on march 27, 2010 and
90,630,889 outstanding on december 26, 2009 and
89,351,849 outstanding on december 27, 2008																																																					906,000	904,000	902,000	902,000
90,448,417 outstanding on september 26, 2009 and
total liabilities and stockholders' equity																																																						3,703,339,000	3,645,490,000	3,432,544,000	3,599,634,000	3,506,574,000	3,469,515,000
90,167,656 outstanding on june 27, 2009 and
90,150,568 outstanding on march 28, 2009 and
minority interest																																																									67,780,000	50,710,000	46,816,000	40,052,000	35,923,000	29,646,000	24,687,000	21,926,000	21,746,000	16,497,000	17,253,000	14,258,000	12,353,000	11,856,000	14,367,000	13,037,000	12,438,000	11,367,000	13,263,000	11,999,000	11,532,000
89,351,849 outstanding on december 27, 2008 and
89,603,660 outstanding on december 29, 2007																																																									894,000	899,000	898,000	902,000
89,909,757 outstanding on september 27, 2008 and
89,762,723 outstanding on june 28, 2008 and
liabilities and stockholders’ equity
stockholders’ equity:
90,218,436 outstanding on march 29, 2008 and
total stockholders’ equity																																																												1,885,797,000	1,779,982,000	1,673,555,000	1,567,281,000	1,509,134,000	1,470,963,000	1,406,777,000	1,354,848,000	1,298,877,000	1,229,544,000	1,199,349,000	1,162,384,000	1,128,452,000	1,106,053,000	1,059,314,000	1,048,554,000	1,029,482,000	1,004,118,000
total liabilities and stockholders’ equity																																																												3,388,469,000	3,313,984,000	3,283,493,000	2,896,652,000	2,815,392,000	2,881,146,000	2,717,620,000	2,650,053,000	2,566,944,000	2,583,120,000	2,481,622,000	2,439,888,000	2,340,142,000	2,433,670,000	2,212,271,000	2,200,273,000	1,832,588,000	1,819,370,000
henry schein, inc.
consolidated statements of income
net sales																																																												1,525,619,000
cost of sales																																																												1,074,386,000
gross profit																																																												451,233,000
operating expenses:
selling, general and administrative																																																												366,006,000
operating income																																																												85,227,000
other income:
interest income																																																												3,983,000
interest expense																																																												-6,902,000
income from continuing operations before
taxes, minority interest and equity in
earnings of affiliates																																																												81,925,000
income taxes																																																												-27,855,000
minority interest in net income of subsidiaries																																																												-3,250,000
equity in earnings of affiliates																																																												1,510,000
income from continuing operations																																																												52,330,000
discontinued operations:
income from operations of discontinued components
income tax expense
income from discontinued operations
net income																																																												52,330,000
earnings from continuing operations per share:
basic																																																												590
diluted																																																												570
income from discontinued operations per share:
earnings per share:
weighted-average common shares outstanding:
business acquisition																																																														61,615,000
deferred compensation																																																																					-425,000	-364,000	-388,000	-413,000	-437,000	-461,000	-514,000	-60,000	-91,000
marketable securities																																																																													3,012,000
accruals:
payroll and related expenses																																																																													68,214,000
other expenses																																																																													117,530,000
treasury stock

Cashflow Statements:

Quarterly

Annual

Unit: USD	2021-12-25	2021-09-25	2021-06-26	2020-09-26	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-29	2018-09-29	2018-06-30	2018-03-31	2017-12-30	2017-09-30	2017-07-01	2017-05-09	2017-04-01	2016-09-24	2016-06-25	2016-03-26	2015-09-26	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2014-03-29	2013-09-28	2013-06-29	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-09-24	2011-06-25	2011-03-26	2010-12-25	2010-09-25	2010-06-26	2010-03-27	2009-12-26	2009-09-26	2009-06-27	2009-03-28	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-09-24	2005-06-25	2005-03-26	2004-12-25	2004-09-25	2004-06-26	2004-03-27

cash flows from operating activities:
net income	152,147,000	169,474,000	66,823,000	272,082,000	-13,267,000	133,565,000	336,445,000	148,853,000															141,396,000	129,608,000	111,580,000	143,955,000	124,236,000	127,117,000	110,128,000	116,372,000	121,435,000	98,686,000	121,715,000	105,310,000	107,302,000	89,061,000	100,808,000	105,056,000	82,971,000	97,226,000	94,490,000	93,163,000	67,252,000	92,684,000	100,745,000			68,425,000	65,477,000	52,330,000	78,269,000	59,573,000	33,837,000	43,494,000	62,997,000	39,285,000	45,218,000	16,259,000	51,700,000	26,427,000	39,974,000	33,225,000	29,550,000	31,504,000	38,736,000	28,393,000
income from discontinued operations				274,000			-747,000	5,641,000
income from continuing operations	152,147,000	169,474,000	67,097,000	271,808,000	-13,852,000	133,847,000	337,192,000	143,212,000
adjustments to reconcile net income to net cash from operating activities:
net cash from operating activities from continuing operations	276,639,000	211,215,000	-26,688,000	248,414,000	-91,600,000	90,757,000	295,298,000	226,394,000
net cash from operating activities from discontinued operations				648,000	855,000	-282,000	-2,738,000	5,641,000
net cash from operating activities	276,639,000	211,215,000	-27,336,000	249,062,000	-90,745,000	90,475,000	292,560,000	232,035,000															107,428,000	207,756,000	-26,654,000	274,019,000	174,502,000	199,232,000	-55,249,000	152,796,000	274,798,000	-38,047,000	199,661,000	78,545,000	178,498,000	-48,605,000	81,349,000	137,713,000	47,579,000	212,049,000	47,837,000	107,313,000	21,675,000	178,513,000	138,802,000	106,703,000	-27,128,000	49,947,000	125,277,000	13,340,000	120,286,000	69,184,000	114,643,000	-33,902,000	170,691,000	64,009,000	38,617,000	-38,000,000	151,559,000	40,967,000	87,910,000	-15,295,000			81,045,000	-20,302,000
capital expenditures	0	0	0	0	0	0	0	0															0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0			0	0
free cash flows	276,639,000	211,215,000	-27,336,000	249,062,000	-90,745,000	90,475,000	292,560,000	232,035,000															107,428,000	207,756,000	-26,654,000	274,019,000	174,502,000	199,232,000	-55,249,000	152,796,000	274,798,000	-38,047,000	199,661,000	78,545,000	178,498,000	-48,605,000	81,349,000	137,713,000	47,579,000	212,049,000	47,837,000	107,313,000	21,675,000	178,513,000	138,802,000	106,703,000	-27,128,000	49,947,000	125,277,000	13,340,000	120,286,000	69,184,000	114,643,000	-33,902,000	170,691,000	64,009,000	38,617,000	-38,000,000	151,559,000	40,967,000	87,910,000	-15,295,000			81,045,000	-20,302,000
cash flows from investing activities:
purchases of fixed assets	-30,309,000	-16,894,000	5,987,000	-37,799,000	-7,580,000	-23,008,000	-27,263,000	-18,248,000															-18,734,000	-17,937,000	-15,493,000	-21,334,000	-22,806,000	-19,492,000	-18,484,000	-16,799,000	-10,072,000	-11,862,000	-18,303,000	-11,562,000	-9,149,000	-12,223,000	-11,783,000	-10,306,000	-10,458,000	-12,074,000	-9,384,000	-8,480,000	-9,062,000	-13,210,000	-10,014,000	-15,537,000	-12,866,000	-14,653,000	-9,723,000	-13,743,000	-23,798,000	-11,687,000	-12,403,000	-8,933,000	-17,073,000	-17,273,000	-21,486,000	-11,168,000	-14,625,000	-14,171,000	-13,895,000	-8,138,000	-13,150,000
payments related to equity investments and business
proceeds from sale of equity investment				12,000,000			296,751,000	0
proceeds from (repayments to) loan to affiliate				-1,451,000
other	-14,604,000	-7,073,000	2,864,000	-14,498,000	-5,812,000	-5,787,000	-1,927,000	-3,486,000															2,269,000	1,182,000	3,680,000	-18,901,000	6,751,000	13,480,000	1,973,000	8,789,000	2,076,000	3,291,000	3,705,000	6,629,000	958,000	2,901,000	786,000	407,000	1,835,000	-1,573,000	2,626,000	1,288,000	1,361,000	-162,000	1,044,000	-125,000	1,616,000	-815,000	-891,000	-426,000	-3,642,000	-2,300,000	151,000	-721,000	483,000	-2,137,000	701,000	-1,113,000	-1,299,000	1,058,000	-1,079,000	1,089,000	-2,514,000	3,945,000	-56,000	144,000
net cash from investing activities from continuing operations	-198,216,000	-137,882,000	-247,163,000	-93,956,000	-16,036,000	-65,605,000	269,040,000	-55,806,000
net cash from investing activities from discontinued operations							0	0
net cash from investing activities	-198,216,000	-137,882,000	-247,163,000	-93,956,000	-16,036,000	-65,605,000	269,040,000	-55,806,000															-105,564,000	-67,590,000	-30,315,000	-83,079,000	-166,230,000	-100,236,000	-167,094,000	-33,045,000	-16,424,000	-44,289,000	-32,304,000	-95,220,000	-109,976,000	-32,104,000	-3,382,000	-21,356,000	-140,664,000	-54,442,000	-91,564,000	-137,986,000	-144,412,000	28,417,000	-72,608,000	-25,377,000	-27,880,000	-2,999,000	-22,522,000	-60,084,000	-82,019,000	-40,646,000	-74,334,000	-45,048,000	-81,340,000	-5,968,000	-8,223,000	-84,830,000	-95,671,000	-4,038,000	-9,193,000	-53,964,000	5,564,000	18,866,000	-109,111,000	-87,871,000
cash flows from financing activities:
net change in bank borrowings	-5,280,000	-7,747,000	-489,520,000	484,139,000	121,063,000	358,639,000
proceeds from issuance of long-term debt	105,000,000	0	-301,421,000	501,421,000	251,421,000	250,000,000																								195,000,000	155,781,000	328,000,000	50,000,000	5,082,000	50,000	100,000,000	0	101,000	3,000,000	10,000,000											0	0	55,000	428,000									0
principal payments for long-term debt	-435,000	-1,509,000	490,131,000	-610,457,000	-601,102,000	-8,478,000	-250,692,000	-1,214,000															-1,342,000	-68,507,000	-736,000	-92,363,000	-35,178,000	-100,470,000	-396,000	-255,863,000	-305,095,000	-232,905,000	-2,505,000	-2,842,000	-24,725,000	-10,650,000	-740,000	-22,390,000	-1,526,000	-21,352,000	-241,501,000	-1,355,000	-1,843,000	-877,000	-150,840,000	-900,000	-1,712,000	-24,190,000	-4,976,000	-973,000	-5,374,000	-24,604,000	-17,468,000	-457,000	-3,860,000	-24,202,000	-3,830,000	-2,645,000	-3,005,000	-2,913,000
debt issuance costs	-880,000	-1,814,000	3,484,000	-3,683,000	-3,597,000	-58,000	0	0															0			-125,000				-8,000	-1,083,000	-236,000	-78,000	-1,191,000
debt extinguishment costs				-401,000
proceeds from issuance of stock upon exercise of stock options							0	0															767,000	3,281,000	7,577,000	7,376,000	2,838,000	4,827,000	16,450,000	3,184,000	7,653,000	11,799,000	28,712,000	3,058,000	10,676,000	30,039,000	2,312,000	9,124,000	18,814,000	13,087,000	4,314,000	5,756,000	15,280,000	2,181,000	5,761,000	3,551,000	377,000	12,346,000	5,523,000	7,172,000	2,740,000	9,099,000	12,929,000	10,691,000	2,722,000	7,300,000	8,492,000	17,108,000	4,222,000	6,225,000	8,109,000	10,944,000	2,172,000	1,375,000	5,195,000	12,683,000
payments for repurchases of common stock			-127,422,000	-73,789,000	0	-73,789,000	-200,000,000	-98,218,000															-37,656,000	-37,500,000	-75,707,000	-73,707,000	-74,839,000	-76,137,000	-75,306,000	-74,967,000	-78,062,000	-73,449,000	-84,194,000	-58,798,000	-118,326,000	-38,565,000	-100,377,000	-5,000,000	-27,098,000	-52,916,000								-23,298,000			0	0	0	-30,689,000	-14,563,000	-2,261,000			-25,159,000	-6,108,000	-4,699,000	-16,310,000	-11,547,000	-24,702,000	-34,910,000	-11,054,000
payments for taxes related to shares withheld for employee taxes	-99,000	-13,000	6,648,000	-14,007,000	-558,000	-13,155,000	-63,000	-224,000
distribution received related to animal health spin-off							0	0
proceeds related to animal health share sale							0	0
proceeds from (distributions to) noncontrolling shareholders				-3,995,000	198,000	-3,664,000
acquisitions of noncontrolling interests in subsidiaries	-9,948,000	-49,162,000	13,804,000	-14,934,000	-9,000	-14,925,000	0	-88,000															-313,000	-8,052,000	-205,000	0	-2,831,000	-18,759,000	-83,793,000	-132,000	-5,219,000	-535,000	-468,000	0	-13,647,000	-6,366,000	-11,833,000	-3,000,000	-366,000	3,034,000	-139,845,000	0	-10,000,000
proceeds from (payments) to henry schein animal health business
net cash from financing activities from continuing operations	-78,484,000	-115,078,000	-403,828,000	264,433,000	-229,558,000	491,608,000	-539,490,000	-184,147,000
net cash from financing activities from discontinued operations				-648,000	-855,000	282,000	2,738,000	-5,641,000
net cash from financing activities	-78,484,000	-115,078,000	-403,180,000	263,785,000	-230,413,000	491,890,000	-536,752,000	-189,788,000															18,730,000	-152,511,000	35,774,000	-166,137,000	-9,842,000	-140,365,000	161,697,000	-136,569,000	-268,744,000	56,073,000	-141,306,000	14,592,000	-74,796,000	30,909,000	-120,798,000	-73,454,000	53,129,000	-207,016,000	-81,845,000	-35,000	5,640,000	-50,777,000	-143,756,000	3,292,000	-6,434,000	-28,913,000	-33,422,000	5,285,000	3,732,000	-16,625,000	-3,062,000	-15,165,000	-12,909,000	-15,888,000	-14,902,000	22,425,000	-24,397,000	-7,323,000	-866,000	-6,280,000	-11,411,000	-48,833,000	61,176,000	25,438,000
effect of exchange rate changes on cash and cash equivalents from continuing operations	-1,107,000	-6,350,000	-3,676,000	8,507,000	15,936,000	-5,489,000
effect of exchange rate changes on cash and cash equivalents from discontinued operations
net change in cash and cash equivalents from continuing operations	-1,168,000	-48,095,000	-681,355,000	427,398,000	-321,258,000	511,271,000	30,841,000	-9,668,000
net change in cash and cash equivalents from discontinued operations							0	0
cash and cash equivalents, beginning of period	0	0	315,088,000	106,097,000	0	106,097,000	0	0															0	0	89,474,000	0	0	0	188,616,000	0	0	122,080,000	0	0	0	147,284,000	0	0	150,348,000		0	0	471,154,000		0	0	369,570,000	0	0	247,590,000		0	0	248,647,000		0	-43,815,000	254,498,000		0	0	186,621,000		0	0	157,351,000
cash and cash equivalents, end of period	-1,168,000	-48,095,000	-366,267,000	533,495,000	-321,258,000	617,368,000	30,841,000	-9,668,000															13,413,000	-12,134,000	59,202,000	12,932,000	-13,156,000	-39,417,000	129,115,000	-8,924,000	-11,723,000	90,562,000	32,744,000	1,440,000	-13,917,000	101,813,000	-54,917,000	45,077,000	116,712,000		-117,386,000	-34,272,000	355,388,000		-76,266,000	85,717,000	308,156,000	16,932,000	68,396,000	203,036,000		16,487,000	36,515,000	154,456,000		37,736,000	-21,556,000	159,890,000		32,969,000	72,367,000	114,741,000		-33,366,000	33,251,000	73,086,000
proceeds from sale of equity investments
payments for loan to affiliate		-3,959,000
payments for repurchases and retirement of common stock
distributions to noncontrolling shareholders		-4,833,000																					-7,635,000	-11,568,000	-3,113,000	-2,186,000	-5,111,000	-13,926,000	-3,763,000	-5,041,000	-10,216,000	-2,792,000	-9,703,000	-2,986,000	-6,514,000	-2,081,000	-1,461,000	-5,355,000	-1,062,000	-2,792,000	-2,003,000
proceeds from henry schein animal health business
proceeds from (payments to) henry schein animal health business				139,000
loss from discontinued operations						-282,000
repayments from loan to affiliate						1,137,000
payments to henry schein animal health business						-2,962,000	-2,738,000	46,400,000
repayments from (borrowings for) loan to affiliate
payments for equity investments and business
proceeds for loan to affiliate								580,000
proceeds from (repayments of) bank borrowings								-134,834,000																-30,103,000	-19,886,000	-5,643,000	105,045,000			90,000	-34,467,000	22,827,000	-130,246,000			-50,016,000	-9,272,000	-47,989,000	55,660,000	-159,695,000											5,766,000				-113,000
proceeds from issuance of debt								0															10,000,000	0	125,000,000		0	124,400,000	190,387,000
proceeds from (distributions to) noncontrolling stockholders								4,031,000
effect of exchange rate changes on cash and cash equivalents-continuing operations								3,891,000
effect of exchange rate changes on cash and cash equivalents-discontinued operations								0
net income .......................................................................................................................................................................................										114,644,000	139,010,000			148,631,000
income from discontinued operations............................................................................................................................................										-8,996,000
income from continuing operations.......................................................................................................................................................										123,640,000
adjustments to reconcile net income to net cash from
net cash from operating activities from continuing operations..............................................................................................										133,334,000
net cash from operating activities from discontinued operations..............................................................................................................										-167,073,000
net cash from operating activities ......................................................................................................................................................										-33,739,000				-70,944,000				-52,591,000	-52,591,000			-101,512,000
purchases of fixed assets ....................................................................................................................................................................										-15,918,000	-28,811,000	-23,106,000	-20,469,000	-18,251,000	-26,186,000	-18,350,000	-19,654,000	-17,311,000	-17,311,000	-18,345,000	-13,575,000	-12,605,000
proceeds from sale of equity investment.................................................................................................................................................										10,500,000
proceeds for loan to affiliate................................................................................................................................................										15,940,000
other ...............................................................................................................................................................................................										-3,076,000	21,159,000
net cash from investing activities from continuing operations..................................................................................................................										-596,527,000
net cash from investing activities from discontinued operations...............................................................................................................										-2,064,000
net cash from investing activities .......................................................................................................................................................										-598,591,000	-46,597,000	-71,717,000						-34,680,000	-34,680,000	-59,448,000	-49,390,000	-70,996,000
proceeds from (repayments of) bank borrowings .....................................................................................................................................										-652,117,000												95,111,000
proceeds from issuance of debt ............................................................................................................................................................										741,000				100,000,000								210,000,000
principal payments for long-term debt ...................................................................................................................................................										-7,376,000	-421,000	-640,000						-56,367,000	-56,367,000	-1,372,000	-367,000	-7,554,000
debt issuance costs.............................................................................................................................................................................
proceeds from issuance of stock upon exercise of stock options .................................................................................................................										34,000	0	54,000	0	3,022,000	325,000	240,000	749,000	3,952,000	3,952,000	695,000	2,661,000	6,398,000
payments for repurchases of common stock ..........................................................................................................................................										-150,000,000	-85,894,000	-60,751,000						-50,006,000	-50,006,000	-192,992,000	-57,012,000	-99,997,000
payments for taxes related to shares withheld for employee taxes...............................................................................................................										-9,671,000	-120,000	-238,000						-40,605,000	-40,605,000
distribution received related to animal health spin-off.............................................................................................................................										1,120,000,000
proceeds related to animal health share sale..........................................................................................................................................										361,090,000
proceeds from (distributions to) noncontrolling stockholders ......................................................................................................................										52,205,000
acquisitions of noncontrolling interests in subsidiaries ..............................................................................................................................										-6,057,000	-3,614,000	-12,173,000						-4,089,000	-4,089,000	-15,633,000	-2,921,000	-32,711,000
payments to henry schein animal health business..................................................................................................................................										-224,773,000
net cash from financing activities from continuing operations...........................................................................................................										484,076,000
net cash from financing activities from discontinued operations........................................................................................................										148,053,000
net cash from financing activities................................................................................................................................................										632,129,000
effect of exchange rate changes on cash & cash equivalents-continuing operations.......................................................................................										10,347,000
effect of exchange rate changes on cash & cash equivalents-discontinued operations....................................................................................										-2,240,000
net change in cash and cash equivalents from continuing operations...........................................................................................................										31,230,000
net change in cash and cash equivalents from discontinued operations........................................................................................................										-23,324,000
cash and cash equivalents, beginning of period .......................................................................................................................................										56,885,000	0	0	0	174,658,000	0	0	0	62,381,000	62,381,000	0	0	72,086,000
cash and cash equivalents, end of period ...............................................................................................................................................										88,115,000	-39,531,000	8,419,000	12,086,000	99,235,000	94,779,000	5,225,000	11,766,000	62,888,000	62,888,000	12,632,000	-8,054,000	71,614,000
net cash from operating activities ...............................................................................................................................................											293,952,000	173,868,000			238,014,000	131,362,000				178,081,000
proceeds from sale of equity investment ................................................................................................................................................
repayments from (borrowings for) loan to affiliate .................................................................................................................................
proceeds from bank borrowings ...........................................................................................................................................................											-193,357,000	-34,119,000						234,037,000	234,037,000
proceeds from issuance of long-term debt ..............................................................................................................................................											0	15,000,000								16,000,000
debt issuance costs ............................................................................................................................................................................											-106,000	-218,000								0	-175,000	-58,000
excess tax benefits related to stock-based compensation ..........................................................................................................................
distributions to noncontrolling stockholders ............................................................................................................................................											-1,748,000
net cash from financing activities ......................................................................................................................................................																				-105,766,000
effect of exchange rate changes on cash and cash equivalents ..................................................................................................................											-1,626,000	2,516,000						4,120,000	4,120,000	-235,000	1,420,000	2,943,000
net change in cash and cash equivalents ................................................................................................................................................											-39,531,000	8,419,000	12,086,000	-75,423,000	94,779,000	5,225,000	11,766,000	507,000	507,000	12,632,000	-8,054,000	-472,000
net cash from financing activities ...................................................................................................................................												-96,248,000				594,000
net income ......................................................................................................................................................................................																		150,253,000	150,253,000	145,291,000	133,098,000	124,533,000
other ..............................................................................................................................................................................................													-18,161,000	-8,212,000	544,000	-1,822,000	677,000	-5,549,000	-5,549,000	-7,001,000	4,064,000	-5,829,000
distributions to noncontrolling stockholders ...........................................................................................................................................
adjustments to reconcile net income to net cash provided by
adjustments to reconcile net income to net cash used in
net cash from investing activities ......................................................................................................................................................														-35,166,000
proceeds from bank borrowings ............................................................................................................................................................														212,055,000
debt issuance costs ...........................................................................................................................................................................														-30,000
principal payments for long-term debt ....................................................................................................................................................														-10,032,000
payments for repurchases of common stock ............................................................................................................................................
payments for taxes related to shares withheld for employee taxes.................................................................................................................														-15,012,000
distributions to noncontrolling stockholders ..........................................................................................................................................														-811,000
acquisitions of noncontrolling interests in subsidiaries ............................................................................................................................														-261,433,000
net cash from financing activities ................................................................................................................................................														27,759,000
effect of exchange rate changes on cash and cash equivalents ....................................................................................................................														2,928,000
proceeds from sale of equity investment .................................................................................................................................................
proceeds from sales of available-for-sale securities ...................................................................................................................................
proceeds from issuance of long-term debt ...............................................................................................................................................
excess tax benefits related to stock-based compensation ...........................................................................................................................
excess tax benefits related to stock-based compensation..........................................................................................................................
distributions to noncontrolling shareholders ...........................................................................................................................................																		-3,264,000	-3,264,000	-6,206,000	-18,064,000	-2,096,000
proceeds from (repayments of) bank borrowings ......................................................................................................................................
distributions to noncontrolling shareholders ..........................................................................................................................................
net cash from financing activities ...............................................................................................................................................																		83,658,000	83,658,000			169,093,000
proceeds from sales of available-for-sale securities ..................................................................................................................................
excess tax benefits related to stock-based compensation .........................................................................................................................
repayments of bank borrowings ..........................................................................................................................................................
operating activities:
depreciation and amortization																							42,716,000	39,026,000	37,149,000	39,570,000	39,179,000	37,353,000	36,136,000	31,845,000	31,843,000	32,393,000	33,333,000	30,600,000	30,969,000	30,420,000	28,571,000	29,121,000	28,348,000	25,704,000	25,166,000	25,772,000	24,572,000	20,563,000	20,196,000	20,813,000	19,921,000	19,475,000	20,270,000	19,438,000	20,915,000	17,794,000	17,670,000	17,557,000	18,039,000	16,733,000	15,806,000	14,352,000	17,798,000	14,199,000	15,111,000	13,237,000	18,095,000	13,247,000	10,342,000	9,642,000
stock-based compensation expense																							13,079,000	13,502,000	8,499,000	12,624,000	13,747,000	10,542,000	8,963,000	7,963,000	11,422,000	5,310,000	5,446,000	11,818,000	11,295,000	8,754,000	8,085,000	9,615,000	8,345,000	10,165,000	6,746,000	6,857,000	6,142,000	7,580,000	6,041,000	6,236,000	6,067,000	6,844,000	6,956,000	9,260,000	5,833,000	5,995,000	6,608,000	4,117,000	5,531,000	4,559,000	5,517,000	3,857,000
benefit from losses on trade and other accounts receivable																									1,251,000																	1,328,000	994,000		1,042,000	526,000	1,186,000
benefit from deferred income taxes																									17,226,000		-8,849,000			-28,349,000				-763,000	467,000	-8,182,000	-2,563,000			-3,983,000	3,763,000	-6,103,000	272,000	3,419,000	-23,712,000	-436,000	-5,485,000	1,600,000	448,000	-3,339,000	9,326,000	1,958,000													2,831,000	565,000
equity in earnings of affiliates																							-5,191,000	-3,572,000	-2,028,000	-3,449,000	-4,762,000	-2,817,000	-706,000	-3,642,000	-1,766,000	-801,000	840,000	-3,434,000	-3,073,000	-1,391,000
distributions from equity affiliates																							5,203,000	3,778,000	2,335,000	5,423,000	4,964,000	3,368,000	1,972,000	2,836,000	3,569,000	2,881,000	5,202,000	3,290,000	2,683,000	3,324,000
changes in unrecognized tax benefits																							4,244,000	3,029,000	1,268,000
changes in operating assets and liabilities, net of acquisitions:
accounts receivable																							-56,438,000	-45,591,000	-9,861,000	26,897,000	-22,139,000	-56,597,000	-29,602,000	-48,296,000	-19,763,000	-25,392,000	32,036,000	-46,632,000	-1,896,000	-57,433,000	-40,883,000	-20,892,000	10,990,000	28,590,000	-70,865,000	-26,460,000	-7,394,000	33,233,000	-27,231,000	-28,954,000	43,397,000	-59,999,000	-23,256,000	16,504,000	60,557,000	-65,765,000	-12,809,000	-3,947,000	-287,000	-6,395,000	-7,622,000	4,599,000	27,643,000	-36,579,000	-19,500,000	14,434,000	-2,023,000	-18,119,000	-8,118,000	-6,815,000
inventories																							-105,244,000	8,882,000	-11,906,000	-74,346,000	-46,103,000	6,991,000	41,559,000	-5,160,000	28,026,000	54,011,000	-108,558,000	-73,687,000	1,192,000	-12,532,000	-18,559,000	10,846,000	-6,944,000	-27,106,000	-26,465,000	17,782,000	14,482,000	-9,008,000	-23,482,000	34,287,000	-21,039,000	-63,118,000	16,023,000	-21,087,000	15,995,000	-47,387,000	11,510,000	3,936,000	-5,991,000	-4,212,000	-19,274,000	-12,481,000	-27,641,000	12,862,000	12,653,000	8,610,000	-18,338,000	10,874,000	1,959,000	-23,109,000
other current assets																							-37,136,000	-22,690,000	-3,659,000	1,521,000	-18,677,000	195,000	-23,446,000	24,047,000	-26,927,000	14,003,000	-35,602,000	-18,710,000	-20,482,000	12,404,000	-7,437,000	-9,969,000	-1,131,000	10,886,000	-19,115,000	-26,141,000	7,730,000	1,181,000	-3,276,000	-10,199,000	12,669,000	-14,449,000	8,452,000	2,503,000	-48,353,000	-14,310,000	-7,413,000	11,882,000	11,048,000	-770,000	5,003,000	3,143,000	-11,505,000	7,637,000	1,225,000	32,790,000	-18,522,000	-5,135,000	-8,600,000	18,338,000
accounts payable and accrued expenses																							106,895,000	84,454,000	-182,188,000	108,659,000	85,881,000	68,243,000	-219,293,000	32,533,000	114,390,000	-235,843,000	121,925,000	63,423,000	47,590,000	-117,075,000	10,388,000	20,161,000	-70,138,000	72,623,000	28,012,000	20,035,000	-93,753,000	26,979,000	84,207,000	3,839,000	-144,859,000	82,539,000	24,108,000	-64,720,000	-23,158,000	103,334,000	39,884,000	-106,488,000	70,994,000	19,381,000	-9,731,000	-92,527,000	90,463,000	-3,187,000	35,521,000	-121,356,000	115,635,000	-41,906,000	42,253,000	-48,109,000
acquisitions, net of cash acquired																							-80,762,000	-47,679,000	-13,637,000	-60,173,000	-141,253,000	-78,178,000	-144,679,000	-806,000	-1,349,000	-32,359,000	-13,977,000	-85,913,000	-101,368,000	-18,980,000	0	-10,022,000	-133,614,000	-46,270,000	-101,730,000	-142,629,000	-108,946,000	41,263,000	-71,422,000	-12,746,000	-13,743,000	-2,349,000	-15,057,000	-8,524,000
proceeds from sales of available-for-sale securities																							0										3,200,000	2,000,000	2,875,000	1,150,000	300,000	50,000	2,100,000	50,000	4,550,000	100,000	1,300,000	1,225,000	4,690,000	1,300,000	2,740,000	725,000	0	847,000	27,750,000	87,315,000	30,000,000	18,000,000	8,000,000	117,806,000	108,066,000	60,895,000
proceeds from maturities of available-for-sale securities																										1,250,000														0	14,988,000														2,000,000	0
proceeds from bank borrowings																													114,768,000
excess tax benefits related to stock-based compensation																							0	88,000	2,844,000	511,000	796,000	1,229,000	3,350,000	1,168,000	1,964,000	3,364,000	7,176,000	592,000	1,503,000	8,548,000	573,000	1,055,000	5,797,000	3,706,000	1,235,000	1,829,000	4,522,000	1,859,000	2,138,000	503,000	180,000	5,962,000	1,244,000	3,429,000	1,071,000	3,575,000	2,169,000	5,853,000				6,925,000
effect of exchange rate changes on cash and cash equivalents																							-7,181,000	211,000	-9,077,000	-11,871,000	-11,586,000	1,952,000	1,145,000	7,894,000	-1,353,000	-5,255,000	6,693,000	3,523,000	-7,643,000	4,329,000	-12,086,000	2,174,000	6,320,000	-3,973,000	8,186,000	-3,564,000	1,331,000	-2,606,000	1,296,000	1,099,000	28,000	-1,103,000	-937,000	-3,095,000	-1,867,000	4,574,000	-732,000	-76,000	-3,865,000	-4,417,000	6,767,000	5,797,000	2,930,000	3,363,000	-5,484,000	3,659,000	-13,923,000	-235,000	141,000	-1,530,000
net change in cash and cash equivalents																							13,413,000	-12,134,000	-30,272,000	12,932,000	-13,156,000	-39,417,000	-59,501,000	-16,818,000	-10,370,000	-26,263,000	26,051,000	-2,083,000	-6,274,000	-49,800,000	-42,831,000	42,903,000	-39,956,000	-49,409,000	-125,572,000	-30,708,000	-117,097,000	156,153,000	-77,562,000	84,618,000	-61,442,000	18,035,000	69,333,000	-41,459,000	41,999,000	11,913,000	37,247,000	-94,115,000	76,442,000	42,153,000	15,492,000	-100,405,000	31,491,000	29,606,000	77,851,000	-75,539,000	127,573,000	-33,131,000	33,110,000	-82,735,000
provision for losses on trade and other accounts receivable																										1,930,000			1,323,000			840,000	1,069,000			1,144,000		994,000	1,728,000	2,635,000									1,467,000	1,137,000				231,000	529,000								2,031,000
provision for deferred income taxes																													15,744,000			6,371,000							-6,772,000
accelerated amortization of deferred financing costs																														0	0	6,203,000
loss on sale of equity investment
payments related to sale of equity investment
amortization of bond discount																																								0	872,000	1,587,000	1,548,000	1,517,000	1,509,000	1,500,000	1,464,000
stock issued to 401(k) plan																																								0				0							0				0				0				0
purchases of available-for-sale securities																																								0	0	0	-26,984,000					0	0	-35,925,000	0	-27,065,000	-70,501,000	-17,500,000	-57,999,000	-16,697,000	-86,465,000	-60,875,000	-103,520,000
undistributed earnings of affiliates																																					-4,559,000	-4,133,000	-1,653,000	-3,118,000	-3,721,000	-1,795,000	-1,531,000		-1,200,000	-1,212,000	-1,365,000			-1,510,000				-23,000	-254,000	-246,000	-227,000	-108,000	-313,000	-79,000	-248,000	-187,000	-368,000	-746,000	-300,000	-285,000
distributions from equity investments
adjustments to reconcile net income to net cash provided
by operating activities:
gain on sale of discontinued operation, net of tax																																												0
impairment from write-down of long-lived assets of
discontinued operation
cash received from business divestiture																																																							0	0
net proceeds from foreign exchange forward contract
settlements
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
payments for equity investment and business
net proceeds from foreign exchange forward contract settlements
repayments of bank borrowings																																										263,000	-931,000		-436,000	-204,000	-3,189,000	722,000	-2,589,000	-3,919,000
undistributed losses of affiliates
net proceeds from (payments for) foreign exchange
forward contract settlements
cash received from business divestitures																																																			10,766,000
net proceeds from (payments for) foreign exchange forward contract settlements																																														-8,000	283,000								-5,633,000	-2,090,000			7,188,000	8,115,000
net income attributable to henry schein, inc.																																															54,851,000
adjustments to reconcile net income attributable to henry schein, inc. to net cash
provided by operating activities:
net income attributable to noncontrolling interests																																															4,449,000
adjustments to reconcile net income to net cash
loss on sales of discontinued operation, net of tax
impairment from write-down of long-lived assets of discontinued operations
undistributed (earnings) losses of affiliates
minority interest in net income of subsidiaries																																																5,278,000	7,131,000	3,250,000	6,438,000	4,247,000	3,842,000	2,915,000	3,643,000	1,181,000	1,706,000	1,560,000	2,215,000	1,249,000	2,476,000	51,000	-221,000	-72,000	1,254,000	525,000
net payments for foreign exchange forward contract settlements																																																	-3,048,000	-2,004,000		-5,367,000	-7,692,000	-3,921,000				-1,161,000				-4,478,000
from operating activities:
payments for equity investment and business acquisitions, net of cash acquired																																																			-81,884,000	-82,475,000	-14,391,000	-27,432,000
proceeds from settlement of note receivable																																																											2,616,000
payments for debt issuance costs																																																											0				-627,000
loss on sale of discontinued operation, net of tax																																																							0	0	0	19,363,000
impairment from write down of long-lived assets of discontinued operations																																																				0
undistributed earnings (losses) of affiliates
deferred income taxes																																																						-6,855,000	3,959,000	-8,599,000	959,000	4,978,000	1,609,000	-3,456,000	1,619,000	3,020,000	10,095,000
net proceeds from (repayments of) bank borrowings																																																						-255,000
impairment of long-lived asset
payments for business acquisitions, net of cash acquired																																																							-13,748,000	-80,945,000	-32,475,000	-72,712,000	-9,665,000	-3,796,000	-15,706,000	-39,046,000	19,654,000	-16,222,000	-131,406,000	-4,401,000
payments related to pending business acquisitions																																																															-3,950,000	42,952,000	29,590,000	-86,031,000
repayments of debt assumed in business acquisitions
impairment from write-down of long-lived asset
proceeds from excess tax benefits related to stock-based compensation																																																								3,362,000
provision for (recovery of) losses on trade and other accounts receivable																																																									561,000	118,000			158,000	-208,000
net payments on bank borrowings
payments for establishing a new credit facility
net proceeds from bank borrowings																																																										1,223,000				183,000
impairment from write-down of long-lived assets																																																											0
net payments for bank borrowings																																																											-637,000
proceeds from sales of marketable securities																																																															0	0	0	14,472,000
net proceeds from (payments for) bank borrowings
payments for establishing new credit facility
net proceeds from short-term bank borrowings
principal payments on long-term debt																																																														-696,000	-295,000	-1,354,000	-1,448,000	-262,000
cash flows from operating activities of continuing operations:
net income from continuing operations																																																															29,550,000
adjustments to reconcile net income to net cash from operating activities of continuing operations:
net cash from operating activities of continuing operations																																																															133,420,000
purchases of marketable securities
proceeds from maturities of marketable securities
other, including discontinued operation																																																															3,010,000
net (payments on) proceeds from bank borrowings
repayment of debt assumed in business acquisitions																																																															0
net proceeds from (payments on) bank borrowings																																																																		24,417,000
benefit from losses and allowances on trade receivables																																																																	744,000	409,000
changes in operating assets and liabilities, net of effect of acquisitions:
purchases of capital expenditures																																																																	-8,135,000	-5,654,000
net proceeds from (payments on) short-term bank borrowings
provision for losses and allowances on trade receivables
stock issued to esop trust
accounts payable and accruals
net (payments on) borrowing from banks

Henry Schein, Inc(NASDAQ:HSIC)

Henry Schein, Inc
(NASDAQ:HSIC)