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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jan. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

Selected unaudited financial data for each quarter of the prior two fiscal years was:

 

 

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

 

(in millions, except per share amounts)

 

Fiscal 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

977

 

 

$

952

 

 

$

1,004

 

 

$

952

 

Operating income

 

 

59

 

 

 

59

 

 

 

63

 

 

 

59

 

Net income

 

 

34

 

 

 

34

 

 

 

37

 

 

 

36

 

Basic EPS (1)

 

$

0.71

 

 

$

0.72

 

 

$

0.80

 

 

$

0.78

 

Diluted EPS (1)

 

$

0.69

 

 

$

0.70

 

 

$

0.77

 

 

$

0.75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

1,139

 

 

$

1,034

 

 

$

1,007

 

 

$

941

 

Operating income

 

 

52

 

 

 

38

 

 

 

37

 

 

 

56

 

Net income

 

 

33

 

 

 

25

 

 

 

22

 

 

 

33

 

Basic EPS (1)

 

$

0.69

 

 

$

0.51

 

 

$

0.45

 

 

$

0.68

 

Diluted EPS (1)

 

$

0.67

 

 

$

0.50

 

 

$

0.44

 

 

$

0.66

 

(1)

For periods prior to the separation, basic EPS was calculated using the number of shares of the Company’s common stock that were distributed to former Parent shareholders upon separation and diluted EPS was calculated using the number of diluted common share equivalents for stock options and other stock-based awards (consistent with the number calculated immediately following separation). See Note 2 for additional information related to the Company’s EPS calculations. For periods prior to the separation EPS amounts may differ from pro forma amounts previously disclosed which were calculated based on an estimated number of weighted average shares outstanding.