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Capital Stock and Earnings per Share (Tables)
3 Months Ended
Apr. 30, 2016
Earnings per Share

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

   April 30,
2016
     May 2,
2015
 

Basic earnings per share

     

Net income

   $ 508,346       $ 474,601   

Weighted average common shares outstanding for basic EPS

     661,515         681,369   

Basic earnings per share

   $ 0.77       $ 0.70   

Diluted earnings per share

     

Net income

   $ 508,346       $ 474,601   

Shares for basic and diluted earnings per share calculations:

     

Weighted average common shares outstanding for basic EPS

     661,515         681,369   

Assumed exercise/vesting of:

     

Stock options and awards

     8,873         9,837   
  

 

 

    

 

 

 

Weighted average common shares outstanding for diluted EPS

     670,388         691,206   
  

 

 

    

 

 

 

Diluted earnings per share

   $ 0.76       $ 0.69