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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Jan. 28, 2012
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized fiscal quarterly financial data for 2011 and 2010 is as follows:

Fiscal Year 2011
First
Second
Third
Fourth
Year
(In thousands, except per share amounts) (a)
 
 
 
 
Net sales
$
1,227,274

$
1,167,135

$
1,138,286

$
1,669,574

$
5,202,269

Gross margin
494,129

460,536

444,360

671,382

2,070,407

Income from continuing operations
52,531

35,714

4,241

114,749

207,235

Income (loss) from discontinued operations
(60
)
(31
)
(51
)
(29
)
(171
)
Net income
52,471

35,683

4,190

114,720

207,064

 
 
 
 
 
 
Earnings per share - basic:
 
 
 
 
 
Continuing operations
$
0.71

$
0.51

$
0.07

$
1.79

$
3.03

Discontinued operations





 
$
0.71

$
0.51

$
0.06

$
1.79

$
3.03

 
 
 
 
 
 
Earnings per share - diluted:
 
 
 
 
 
Continuing operations
$
0.70

$
0.50

$
0.06

$
1.75

$
2.99

Discontinued operations





 
$
0.70

$
0.50

$
0.06

$
1.75

$
2.98

 
 
 
 
 
 
Fiscal Year 2010
First
Second
Third
Fourth
Year
(In thousands, except per share amounts) (a)
 
 
 
 
Net sales
$
1,235,162

$
1,142,309

$
1,055,830

$
1,518,943

$
4,952,244

Gross margin
501,955

462,425

428,107

619,964

2,012,451

Income from continuing operations
55,998

38,779

17,745

110,025

222,547

Income (loss) from discontinued operations
(100
)
98

(51
)
30

(23
)
Net income
55,898

38,877

17,694

110,055

222,524

 
 
 
 
 
 
Earnings per share - basic:
 
 
 
 
 
Continuing operations
$
0.69

$
0.49

$
0.24

$
1.48

$
2.87

Discontinued operations





 
$
0.69

$
0.49

$
0.23

$
1.48

$
2.87

 
 
 
 
 
 
Earnings per share - diluted:
 
 
 
 
 
Continuing operations
$
0.68

$
0.48

$
0.23

$
1.46

$
2.83

Discontinued operations





 
$
0.68

$
0.48

$
0.23

$
1.46

$
2.83



(a)
Earnings per share calculations for each fiscal quarter are based on the applicable weighted-average shares outstanding for each period and the sum of the earnings per share for the four fiscal quarters may not necessarily be equal to the full year earnings per share amount.