Business Segments (Tables)

9 Months Ended

Oct. 28, 2017

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 28, 2017:
Net sales from external customers	$	1,313,150	$	41,770		$	1,354,920
Gross profit	463,034		1,810			464,844
Depreciation and amortization	56,878		162			57,040
Interest and debt expense (income), net	14,988		(8		)	14,980
Income before income taxes and income on and equity in earnings of joint ventures	21,073		239			21,312
Income on and equity in earnings of joint ventures	12		—			12
Total assets	4,097,385		37,949			4,135,334

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

Nine Months Ended October 28, 2017:
Net sales from external customers	$	4,083,223	$	117,018		$	4,200,241
Gross profit	1,428,025		5,001			1,433,026
Depreciation and amortization	176,422		497			176,919
Interest and debt expense (income), net	46,508		(48		)	46,460
Income before income taxes and income on and equity in earnings of joint ventures	95,750		982			96,732
Income on and equity in earnings of joint ventures	34		—			34
Total assets	4,097,385		37,949			4,135,334

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