XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Jan. 28, 2018
Jan. 29, 2017
Jan. 31, 2016
Net revenues [1] $ 5,292,359 $ 5,083,812 $ 4,976,090
Cost of goods sold 3,360,648 3,200,502 3,131,876
Gross profit 1,931,711 1,883,310 1,844,214
Selling, general and administrative expenses 1,477,900 1,410,711 1,355,580
Operating income 453,811 [2],[3] 472,599 [3] 488,634
Interest (income) expense, net 1,372 688 627
Earnings before income taxes 452,439 471,911 488,007
Income taxes 192,894 166,524 177,939
Net earnings $ 259,545 $ 305,387 $ 310,068
Basic earnings per share $ 3.03 $ 3.45 $ 3.42
Diluted earnings per share $ 3.02 $ 3.41 $ 3.37
Shares used in calculation of earnings per share:      
Basic 85,592 88,594 90,787
Diluted 86,080 89,462 92,102
E-commerce      
Net revenues $ 2,778,457 $ 2,633,602 $ 2,522,580
Retail      
Net revenues $ 2,513,902 $ 2,450,210 $ 2,453,510
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $328.2 million, $321.2 million and $298.9 million in fiscal 2017, fiscal 2016 and fiscal 2015, respectively.
[2] Includes approximately $6.2 million in fiscal 2017 for costs related to the acquisition of Outward and its ongoing operations, which is primarily recorded in selling, general and administrative expenses.
[3] Includes approximately $8.6 million in fiscal 2017 and $14.4 million in fiscal 2016 for severance-related reorganization charges primarily in our corporate functions, which is recorded in selling, general and administrative expenses within the unallocated segment.