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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Net sales $ 1,439,149 $ 1,295,796
Cost of sales (exclusive of depreciation expense shown separately below) 868,393 776,749
Gross margin 570,756 519,047
Selling and administrative expenses 458,631 460,605
Depreciation expense 37,690 32,797
Operating profit 74,435 25,645
Interest expense (3,322) (3,733)
Other income (expense) (3,317) 910
Income before income taxes 67,796 22,822
Income tax expense 18,473 7,282
Net income and comprehensive income $ 49,323 $ 15,540
Earnings per common share    
Earnings per common share - basic (in dollars per share) $ 1.26 $ 0.39
Earnings per common share - diluted (in dollars per share) $ 1.26 $ 0.39
Weighted-average common shares outstanding:    
Basic 39,129 39,922
Dilutive effect of share-based awards 111 80
Diluted 39,240 40,002
Cash dividends declared per common share $ 0.30 $ 0.30