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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 29, 2017
Jan. 31, 2016
Feb. 01, 2015
Net revenues [1] $ 5,083,812 $ 4,976,090 $ 4,698,719
Cost of goods sold 3,200,502 3,131,876 2,898,215
Gross profit 1,883,310 1,844,214 1,800,504
Selling, general and administrative expenses 1,410,711 1,355,580 1,298,239
Operating income 472,599 [2] 488,634 502,265
Interest (income) expense, net 688 627 62
Earnings before income taxes 471,911 488,007 502,203
Income taxes 166,524 177,939 193,349
Net earnings $ 305,387 $ 310,068 $ 308,854
Basic earnings per share $ 3.45 $ 3.42 $ 3.30
Diluted earnings per share $ 3.41 $ 3.37 $ 3.24
Shares used in calculation of earnings per share:      
Basic 88,594 90,787 93,634
Diluted 89,462 92,102 95,200
E-commerce      
Net revenues $ 2,633,602 $ 2,522,580 $ 2,370,694
Retail      
Net revenues $ 2,450,210 $ 2,453,510 $ 2,328,025
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $321.2 million, $298.9 million and $235.8 million in fiscal 2016, fiscal 2015 and fiscal 2014, respectively.
[2] Includes approximately $14.4 million in fiscal 2016 for severance related reorganization charges due to headcount reduction, primarily in our corporate functions, which is recorded in selling, general and administrative expenses within the unallocated segment.