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Capital Stock and Earnings Per Share | 9 Months Ended
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Nov. 02, 2013
Capital Stock and Earnings Per Share | Note C. Capital Stock and Earnings Per Share Capital Stock: During the quarter ended November 2, 2013, TJX repurchased and retired 6.8 million shares of its common stock at a cost of $375.0 million. For the nine months ended November 2, 2013, TJX repurchased and retired 19.7 million shares of its common stock at a cost of $1,000.0 million. TJX reflects stock repurchases in its financial statements on a “settlement” basis. TJX had cash expenditures under its stock repurchase programs of $998.1 million for the nine months ended November 2, 2013 and $1,004.4 million for the nine months ended October 27, 2012. In October 2013, TJX completed the $2 billion stock repurchase program authorized in February 2012 under which TJX purchased 43.1 million shares of common stock. In February 2013, the Company’s Board of Directors approved a stock repurchase program that authorized the repurchase of up to $1.5 billion of TJX common stock from time to time. Under this program, on a “trade date” basis through November 2, 2013, TJX repurchased 1.3 million shares of common stock at a cost of $75.3 million and $1,424.7 million remained available under this plan. All shares repurchased under the stock repurchase programs have been retired. TJX has five million shares of authorized but unissued preferred stock, $1 par value. Earnings per share: The following schedule presents the calculation of basic and diluted earnings per share (“EPS”) for net income:
|  | Thirteen Weeks Ended |
In thousands, except per share data |  | November 2, 2013 |  |  | October 27, 2012 |
Basic earnings per share |  |  |  |  |  |  |  |
Net income |  | $ | 622,655 |  |  | $ | 461,551 |
Weighted average common shares outstanding for basic EPS |  |  | 711,595 |  |  |  | 731,575 |
Basic earnings per share |  | $ | 0.88 |  |  | $ | 0.63 |
Diluted earnings per share |  |  |  |  |  |  |  |
Net income |  | $ | 622,655 |  |  | $ | 461,551 |
Shares for basic and diluted earnings per share calculations: |  |  |  |  |  |  |  |
Weighted average common shares outstanding for basic EPS |  |  | 711,595 |  |  |  | 731,575 |
Assumed exercise/vesting of: |  |  |  |  |  |  |  |
Stock options and awards |  |  | 12,513 |  |  |  | 14,166 |
Weighted average common shares outstanding for diluted EPS |  |  | 724,108 |  |  |  | 745,741 |
Diluted earnings per share |  | $ | 0.86 |  |  | $ | 0.62 |
|  | Thirty-Nine Weeks Ended |
In thousands, except per share data |  | November 2, 2013 |  |  | October 27, 2012 |
Basic earnings per share |  |  |  |  |  |  |  |
Net income |  | $ | 1,555,104 |  |  | $ | 1,301,843 |
Weighted average common shares outstanding for basic EPS |  |  | 715,657 |  |  |  | 736,846 |
Basic earnings per share |  | $ | 2.17 |  |  | $ | 1.77 |
Diluted earnings per share |  |  |  |  |  |  |  |
Net income |  | $ | 1,555,104 |  |  | $ | 1,301,843 |
Shares for basic and diluted earnings per share calculations: |  |  |  |  |  |  |  |
Weighted average common shares outstanding for basic EPS |  |  | 715,657 |  |  |  | 736,846 |
Assumed exercise/vesting of: |  |  |  |  |  |  |  |
Stock options and awards |  |  | 12,626 |  |  |  | 14,188 |
Weighted average common shares outstanding for diluted EPS |  |  | 728,283 |  |  |  | 751,034 |
Diluted earnings per share |  | $ | 2.14 |  |  | $ | 1.73 |
The weighted average common shares for the diluted earnings per share calculation excludes the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the related fiscal period’s average price of TJX’s common stock. Such options are excluded because they would have an antidilutive effect. There were 4.7 million options excluded for each of the thirteen weeks and the thirty-nine weeks ended November 2, 2013. There were 4.9 million options excluded for each of the thirteen weeks and the thirty-nine weeks ended October 27, 2012.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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