Business Segments (Tables)

9 Months Ended

Oct. 29, 2016

The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations:



(in thousands of dollars)	Retail Operations		Construction			Consolidated
Three Months Ended October 29, 2016:
Net sales from external customers	$	1,322,641	$	42,968		$	1,365,609
Gross profit	484,441		2,303			486,744
Depreciation and amortization	60,513		168			60,681
Interest and debt expense (income), net	15,637		(18		)	15,619
Income before income taxes and income on and equity in earnings of joint ventures	34,333		743			35,076
Income on and equity in earnings of joint ventures	12		—			12
Total assets	4,130,023		54,205			4,184,228

Three Months Ended October 31, 2015:
Net sales from external customers	$	1,381,821	$	52,833		$	1,434,654
Gross profit	520,033		1,701			521,734
Depreciation and amortization	65,437		163			65,600
Interest and debt expense (income), net	14,887		(15		)	14,872
Income before income taxes and income on and equity in earnings of joint ventures	69,734		609			70,343
Income on and equity in earnings of joint ventures	371		—			371
Total assets	4,318,160		60,240			4,378,400

Nine Months Ended October 29, 2016:
Net sales from external customers	$	4,175,439	$	145,857		$	4,321,296
Gross profit	1,503,895		6,598			1,510,493
Depreciation and amortization	181,421		512			181,933
Interest and debt expense (income), net	47,360		(48		)	47,312
Income before income taxes and income on and equity in earnings of joint ventures	171,032		2,226			173,258
Income on and equity in earnings of joint ventures	34		—			34
Total assets	4,130,023		54,205			4,184,228

Nine Months Ended October 31, 2015:
Net sales from external customers	$	4,367,890	$	154,035		$	4,521,925
Gross profit	1,622,672		5,583			1,628,255
Depreciation and amortization	186,915		338			187,253
Interest and debt expense (income), net	44,908		(44		)	44,864
Income before income taxes and income on and equity in earnings of joint ventures	280,934		2,057			282,991
Income on and equity in earnings of joint ventures	934		—			934
Total assets	4,318,160		60,240			4,378,400