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Capital Stock and Earnings Per Share (Tables)
3 Months Ended
May 05, 2018
Earnings Per Share

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

 

     Thirteen Weeks Ended  

In thousands, except per share data

   May 5,
2018
     April 29,
2017
 

Basic earnings per share

     

Net income

   $ 716,381      $ 536,279  

Weighted average common shares outstanding for basic EPS

     626,612        644,425  

Basic earnings per share

   $ 1.14      $ 0.83  

Diluted earnings per share

     

Net income

   $ 716,381      $ 536,279  

Shares for basic and diluted earnings per share calculations:

     

Weighted average common shares outstanding for basic EPS

     626,612        644,425  

Assumed exercise/vesting of:

     

Stock options and awards

     7,824        10,374  
  

 

 

    

 

 

 

Weighted average common shares outstanding for diluted EPS

     634,436        654,799  
  

 

 

    

 

 

 

Diluted earnings per share

   $ 1.13      $ 0.82