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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 02, 2020
Aug. 04, 2019
Aug. 02, 2020
Aug. 04, 2019
Net revenues [1] $ 1,490,777 $ 1,370,814 $ 2,725,980 $ 2,611,946
Cost of goods sold 939,575 886,953 1,760,518 1,683,754
Gross profit 551,202 483,861 965,462 928,192
Selling, general and administrative expenses 365,841 397,696 731,456 767,895
Operating income 185,361 86,165 234,006 160,297
Interest expense, net 6,464 2,669 8,623 4,922
Earnings before income taxes 178,897 83,496 225,383 155,375
Income taxes 44,333 20,848 55,396 40,071
Net earnings $ 134,564 $ 62,648 $ 169,987 $ 115,304
Basic earnings per share $ 1.73 $ 0.80 $ 2.19 $ 1.47
Diluted earnings per share $ 1.70 $ 0.79 $ 2.16 $ 1.45
Shares used in calculation of earnings per share:        
Basic 77,783 78,488 77,522 78,586
Diluted 79,264 79,470 78,841 79,633
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $77.6 million and $87.7 million for the thirteen weeks ended August 2, 2020 and August 4, 2019, respectively, and approximately $132.7 million and $174.3 million for the twenty-six weeks ended August 2, 2020 and August 4, 2019, respectively.