XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 01, 2020
Nov. 03, 2019
Nov. 01, 2020
Nov. 03, 2019
Net revenues [1] $ 1,764,536 $ 1,442,472 $ 4,490,516 $ 4,054,418
Cost of goods sold 1,058,953 924,300 2,819,471 2,608,054
Gross profit 705,583 518,172 1,671,045 1,446,364
Selling, general and administrative expenses 430,979 416,281 1,162,435 1,184,176
Operating income 274,604 101,891 508,610 262,188
Interest expense, net 5,344 2,564 13,967 7,486
Earnings before income taxes 269,260 99,327 494,643 254,702
Income taxes 67,488 24,614 122,884 64,685
Net earnings $ 201,772 $ 74,713 $ 371,759 $ 190,017
Basic earnings per share $ 2.60 $ 0.96 $ 4.80 $ 2.43
Diluted earnings per share $ 2.54 $ 0.94 $ 4.71 $ 2.39
Shares used in calculation of earnings per share:        
Basic 77,487 77,897 77,511 78,356
Diluted 79,332 79,191 79,012 79,465
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $87.1 million and $86.2 million for the thirteen weeks ended November 1, 2020 and November 3, 2019, respectively, and approximately $219.8 million and $260.5 million for the thirty-nine weeks ended November 1, 2020 and November 3, 2019, respectively.