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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Feb. 02, 2019
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized fiscal quarterly financial data for 2018 and 2017 is as follows:
Fiscal Year 2018
First
Second
Third
Fourth
Year
(In thousands, except per share amounts) (a)
 
 
 
 
Net sales
$
1,267,983

$
1,222,169

$
1,149,402

$
1,598,551

$
5,238,105

Gross margin
511,958

491,419

459,174

659,344

2,121,895

Net income
31,239

24,164

(6,556
)
108,047

156,894

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
0.74

$
0.59

$
(0.16
)
$
2.70

$
3.84

Diluted
0.74

0.59

(0.16
)
2.68

3.83

 
 
 
 
 
 
Fiscal Year 2017
First
Second
Third
Fourth
Year
(In thousands, except per share amounts) (a)
 
 
 
 
Net sales
$
1,294,970

$
1,219,597

$
1,109,184

$
1,640,611

$
5,264,362

Gross margin
524,275

492,500

443,626

682,041

2,142,442

Net income
51,512

29,120

4,372

104,828

189,832

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
1.16

$
0.68

$
0.10

$
2.50

$
4.43

Diluted
1.15

0.67

0.10

2.46

4.38

 








(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.