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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 28, 2012
Jul. 30, 2011
Jul. 28, 2012
Jul. 30, 2011
Net sales $ 1,437,041 $ 1,306,695 $ 2,718,745 $ 2,420,544
Cost of goods sold, including occupancy and distribution costs 989,261 905,620 1,876,358 1,689,026
GROSS PROFIT 447,780 401,075 842,387 731,518
Selling, general and administrative expenses 310,864 285,729 606,995 549,465
Pre-opening expenses 2,276 3,655 5,017 5,921
INCOME FROM OPERATIONS 134,640 111,691 230,375 176,132
Impairment of available-for-sale investments 32,370 0 32,370 0
Gain on sale of investment 0 (13,900) 0 (13,900)
Interest expense 1,000 3,480 4,449 6,964
Other expense (income) 54 517 (1,811) (591)
INCOME BEFORE INCOME TAXES 101,216 121,594 195,367 183,659
Provision for income taxes 47,553 47,746 84,547 72,313
NET INCOME $ 53,663 $ 73,848 $ 110,820 $ 111,346
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.45 $ 0.61 $ 0.92 $ 0.93
Diluted (in dollars per share) $ 0.43 $ 0.59 $ 0.88 $ 0.89
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 119,928 120,207 120,721 119,784
Diluted (in shares) 124,533 125,836 125,768 125,602
Cash dividend declared per share (in dollars per share) $ 0.125 $ 0.000 $ 0.250 $ 0.000