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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 04, 2019
Jul. 29, 2018
Aug. 04, 2019
Jul. 29, 2018
Net revenues [1] $ 1,370,814 $ 1,275,174 $ 2,611,946 $ 2,478,174
Cost of goods sold 886,953 811,232 1,683,754 1,582,068
Gross profit 483,861 463,942 928,192 896,106
Selling, general and administrative expenses 397,696 389,776 767,895 755,390
Operating income 86,165 74,166 160,297 140,716
Interest (income) expense, net 2,669 1,584 4,922 2,785
Earnings before income taxes 83,496 72,582 155,375 137,931
Income taxes 20,848 20,869 40,071 41,050
Net earnings $ 62,648 $ 51,713 $ 115,304 $ 96,881
Basic earnings per share $ 0.80 $ 0.63 $ 1.47 $ 1.17
Diluted earnings per share $ 0.79 $ 0.62 $ 1.45 $ 1.16
Shares used in calculation of earnings per share:        
Basic 78,488 82,342 78,586 82,867
Diluted 79,470 83,167 79,633 83,519
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $87.7 million and $80.7 million for the thirteen weeks ended August 4, 2019 and July 29, 2018, respectively, and approximately $174.3 million and $160.1 million for the twenty-six weeks ended August 4, 2019 and July 29, 2018, respectively.