XML 38 R3.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 01, 2019
Nov. 02, 2018
Nov. 01, 2019
Nov. 02, 2018
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 6,991,393 $ 6,417,462 $ 20,596,331 $ 18,975,234
Cost of goods sold 4,926,307 4,522,403 14,380,033 13,243,053
Gross profit 2,065,086 1,895,059 6,216,298 5,732,181
Selling, general and administrative expenses 1,573,669 1,452,916 4,634,869 4,254,378
Operating profit 491,417 442,143 1,581,429 1,477,803
Interest expense 24,264 24,586 75,007 74,810
Other (income) expense       1,019
Income before income taxes 467,153 417,557 1,506,422 1,401,974
Income tax expense 101,603 83,415 329,304 295,743
Net income $ 365,550 $ 334,142 $ 1,177,118 $ 1,106,231
Earnings per share:        
Basic (in dollars per share) $ 1.43 $ 1.26 $ 4.57 $ 4.15
Diluted (in dollars per share) $ 1.42 $ 1.26 $ 4.54 $ 4.14
Weighted average shares outstanding:        
Basic (in shares) 256,041 264,490 257,618 266,404
Diluted (in shares) 257,699 265,522 259,022 267,294
Dividends per share $ 0.32 $ 0.29 $ 0.96 $ 0.87