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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2016
May. 02, 2015
Net sales $ 1,312,575 $ 1,280,455
Cost of sales (exclusive of depreciation expense shown separately below) 794,894 776,339
Gross margin 517,681 504,116
Selling and administrative expenses 425,412 420,246
Depreciation expense 29,699 31,225
Operating profit 62,570 52,645
Interest expense (634) (496)
Other income (expense) 679 28
Income from continuing operations before income taxes 62,615 52,177
Income tax expense 24,002 19,869
Income from continuing operations 38,613 32,308
Income (loss) from discontinued operations, net of tax (expense) benefit of $(28) and $60, respectively 46 (95)
Net income $ 38,659 $ 32,213
Earnings per common share - basic    
Continuing operations $ 0.80 $ 0.61
Discontinued operations 0.00 0.00
Earnings per common share - basic (in dollars per share) 0.80 0.61
Earnings per common share - diluted    
Continuing operations 0.79 0.60
Discontinued operations 0.00 0.00
Earnings per common share - diluted (in dollars per share) $ 0.79 $ 0.60
Weighted-average common shares outstanding:    
Basic 48,466 53,087
Dilutive effect of share-based awards 422 570
Diluted 48,888 53,657
Cash dividends declared per common share $ 0.21 $ 0.19