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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 30, 2016
Nov. 01, 2015
Oct. 30, 2016
Nov. 01, 2015
Net revenues [1] $ 1,245,385 $ 1,232,082 $ 3,502,231 $ 3,389,786
Cost of goods sold 787,162 780,894 2,240,952 2,153,132
Gross profit 458,223 451,188 1,261,279 1,236,654
Selling, general and administrative expenses 348,244 340,505 1,004,499 970,700
Operating income 109,979 [2] 110,683 256,780 [2] 265,954
Interest (income) expense, net 488 342 587 625
Earnings before income taxes 109,491 110,341 256,193 265,329
Income taxes 40,113 39,859 95,433 96,389
Net earnings $ 69,378 $ 70,482 $ 160,760 $ 168,940
Basic earnings per share $ 0.78 $ 0.78 $ 1.81 $ 1.85
Diluted earnings per share $ 0.78 $ 0.77 $ 1.79 $ 1.82
Shares used in calculation of earnings per share:        
Basic 88,382 90,437 88,906 91,129
Diluted 89,144 91,801 89,764 92,576
E-commerce        
Net revenues $ 648,743 $ 628,191 $ 1,824,660 $ 1,730,677
Retail        
Net revenues $ 596,642 $ 603,891 $ 1,677,571 $ 1,659,109
[1] Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $82.8 million and $80.0 million for the thirteen weeks ended October 30, 2016 and November 1, 2015, respectively, and $232.5 million and $201.7 million for the thirty-nine weeks ended October 30, 2016 and November 1, 2015, respectively.
[2] Includes $1.2 million and $14.4 million for the thirteen and thirty-nine weeks ended October 30, 2016, respectively, of severance-related reorganization charges due to a reduction of headcount, primarily in our corporate functions, which is recorded as selling, general and administrative expense within the unallocated segment.