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Capital Stock and Earnings per Share (Tables)
3 Months Ended
Apr. 29, 2017
Earnings per Share

The following schedule presents the calculation of basic and diluted earnings per share (“EPS”) for net income:

 

     Thirteen Weeks Ended  
     April 29,      April 30,  

In thousands, except per share data

   2017      2016  

Basic earnings per share

     

Net income

   $ 536,279      $ 508,346  

Weighted average common shares outstanding for basic EPS

     644,425        661,515  

Basic earnings per share

   $ 0.83      $ 0.77  

Diluted earnings per share

     

Net income

   $ 536,279      $ 508,346  

Shares for basic and diluted earnings per share calculations:

     

Weighted average common shares outstanding for basic EPS

     644,425        661,515  

Assumed exercise/vesting of:

     

Stock options and awards

     10,374        8,873  
  

 

 

    

 

 

 

Weighted average common shares outstanding for diluted EPS

     654,799        670,388  
  

 

 

    

 

 

 

Diluted earnings per share

   $ 0.82      $ 0.76