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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 03, 2019
Oct. 28, 2018
Nov. 03, 2019
Oct. 28, 2018
Net revenues [1] $ 1,442,472 $ 1,356,983 $ 4,054,418 $ 3,835,157
Cost of goods sold 924,300 861,999 2,608,054 2,444,067
Gross profit 518,172 494,984 1,446,364 1,391,090
Selling, general and administrative expenses 416,281 400,600 1,184,176 1,155,990
Operating income 101,891 94,384 262,188 235,100
Interest (income) expense, net 2,564 2,288 7,486 5,073
Earnings before income taxes 99,327 92,096 254,702 230,027
Income taxes 24,614 10,631 64,685 51,681
Net earnings $ 74,713 $ 81,465 $ 190,017 $ 178,346
Basic earnings per share $ 0.96 $ 1.01 $ 2.43 $ 2.17
Diluted earnings per share $ 0.94 $ 1.00 $ 2.39 $ 2.15
Shares used in calculation of earnings per share:        
Basic 77,897 80,475 78,356 82,070
Diluted 79,191 81,641 79,465 82,951
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $86.2 million and $79.0 million for the thirteen weeks ended November 3, 2019 and October 28, 2018, respectively, and approximately $260.5 million and $239.1 million for the thirty-nine weeks ended November 3, 2019 and October 28, 2018, respectively.