Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Feb. 02, 2019

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Data

Summarized quarterly financial information for fiscal 2018 and 2017 is presented in the tables below.

Year ended February 2, 2019:

	Quarter Ended
($000, except per share data)	May 5, 2018			August 4, 2018			November 3, 2018			February 2, 2019
Sales	$	3,588,619		$	3,737,926		$	3,549,608		$	4,107,388
Cost of goods sold	2,522,219			2,666,983			2,547,331			2,989,744
Selling, general and administrative	524,423			554,581			561,577			575,969
Interest income, net	(503		)	(1,393		)	(2,953		)	(5,313		)
Total costs and expenses	3,046,139			3,220,171			3,105,955			3,560,400
Earnings before taxes	542,480			517,755			443,653			546,988
Provision for taxes on earnings	124,228			128,351			105,545			105,295
Net earnings	$	418,252		$	389,404		$	338,108		$	441,693
Earnings per share – basic1	$	1.12		$	1.05		$	0.92		$	1.21		²
Earnings per share – diluted1	$	1.11		$	1.04		$	0.91		$	1.20		²
Cash dividends declared per share
on common stock	$	0.225		$	0.225		$	0.225		$	0.225

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	Includes a per share benefit of approximately $0.07 from the favorable resolution of a tax matter.

Year ended February 3, 2018:

	Quarter Ended
($000, except per share data)	April 29, 2017		July 29, 2017		October 28, 2017		February 3, 2018
Sales	$	3,306,429	$	3,431,603	$	3,328,894	$	4,067,806
Cost of goods sold	2,329,966		2,420,942		2,369,148		2,922,582
Selling, general and administrative	474,819		498,276		517,297		553,306
Interest expense, net	3,169		2,341		1,780		386
Total costs and expenses	2,807,954		2,921,559		2,888,225		3,476,274
Earnings before taxes	498,475		510,044		440,669		591,532
Provision for taxes on earnings	177,457		193,505		166,220		140,785
Net earnings	$	321,018	$	316,539	$	274,449	$	450,747
Earnings per share – basic1	$	0.83	$	0.83	$	0.72	$	1.20	²
Earnings per share – diluted1	$	0.82	$	0.82	$	0.72	$	1.19	²
Cash dividends declared per share
on common stock	$	0.160	$	0.160	$	0.160	$	0.160

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	Includes a per share benefit of approximately $0.21 from tax reform legislation enacted in December 2017 and $0.10 from the 53rd week.