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Quarterly Financial Data (Unaudited)
12 Months Ended
Jan. 28, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
Summarized quarterly financial information for fiscal 2016 and 2015 is presented in the tables below.
Year ended January 28, 2017:
 
 
Quarter Ended
 
($000, except per share data)
 
April 30, 2016

 
July 30, 2016

 
October 29, 2016

 
January 28, 2017

Sales
 
$
3,088,995

 
$
3,180,917

 
$
3,086,687

 
$
3,510,158

 
 
 
 
 
 
 
 
 
 
 
Cost of goods sold
 
2,176,205

 
2,251,845

 
2,206,092

 
2,539,563

 
Selling, general and administrative
 
436,924

 
469,511

 
490,171

 
493,802

 
Interest expense, net
 
4,364

 
4,213

 
4,156

 
3,755

 
Total costs and expenses
 
2,617,493

 
2,725,569

 
2,700,419

 
3,037,120

 
Earnings before taxes
 
471,502

 
455,348

 
386,268

 
473,038

 
Provision for taxes on earnings
 
180,868

 
173,442

 
141,722

 
172,470

 
Net earnings
 
$
290,634

 
$
281,906

 
$
244,546

 
$
300,568

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share – basic1
 
$
0.73

 
$
0.72

 
$
0.63

 
$
0.77

 
Earnings per share – diluted1
 
$
0.73

 
$
0.71

 
$
0.62

 
$
0.77

 
Cash dividends declared per share
 
 
 
 
 
 
 
 
 
on common stock
 
$
0.1350

 
$
0.1350

 
$
0.1350

 
$
0.1350

 
Stock price
 
 
 
 
 
 
 
 
 
High
 
$
59.30

 
$
61.98

 
$
65.06

 
$
69.53

 
Low
 
$
52.56

 
$
52.34

 
$
60.68

 
$
61.28

 


1 EPS is computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding.



Year ended January 30, 2016:
 
 
Quarter Ended
 
($000, except per share data)
 
May 2, 2015

 
August 1, 2015

 
October 31, 2015

 
January 30, 2016

 
Sales
 
$
2,938,148

 
$
2,968,270

 
$
2,782,855

 
$
3,250,726

 
 
 
 
 
 
 
 
 
 
 
Cost of goods sold
 
2,067,455

 
2,119,480

 
2,003,347

 
2,386,591

 
Selling, general and administrative
 
409,298

 
435,226

 
443,354

 
450,877

 
Interest expense, net
 
2,003

 
1,652

 
4,427

 
4,530

 
Total costs and expenses
 
2,478,756

 
2,556,358

 
2,451,128

 
2,841,998

 
Earnings before taxes
 
459,392

 
411,912

 
331,727

 
408,728

 
Provision for taxes on earnings
 
177,187

 
153,273

 
116,071

 
144,567

 
Net earnings
 
$
282,205

 
$
258,639

 
$
215,656

 
$
264,161

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share – basic1,2
 
$
0.69

 
$
0.64

 
$
0.54

 
$
0.66

 
Earnings per share – diluted1,2
 
$
0.69

 
$
0.63

 
$
0.53

 
$
0.66

 
Cash dividends declared per share
 
 
 
 
 
 
 
 
 
on common stock2
 
$
0.1175

 
$
0.1175

 
$
0.1175

 
$
0.1175

 
Stock price2
 
 
 
 
 
 
 
 
 
High
 
$
53.73

 
$
53.28

 
$
56.53

 
$
56.26

 
Low
 
$
45.93

 
$
47.79

 
$
47.22

 
$
44.81

 

1 EPS is computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding.

2 All per share amounts have been adjusted for the two-for-one stock split effective June 11, 2015.