Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Feb. 01, 2020

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized fiscal quarterly financial data for 2019 and 2018 is as follows:

Fiscal Year 2019	First		Second		Third			Fourth		Year
(In thousands, except per share amounts) (a)
Net sales	$	1,295,796	$	1,252,414	$	1,167,988		$	1,606,982	$	5,323,180
Gross margin	519,047		498,230		463,386			634,019		2,114,682
Net income	15,540		6,178		126,982			93,764		242,464
Earnings per share:
Basic	$	0.39	$	0.16	$	3.25		$	2.40	$	6.18
Diluted	0.39		0.16		3.25			2.39		6.16
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

(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.