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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 01, 2021
May 02, 2020
Net sales $ 1,625,552 $ 1,439,149
Cost of sales (exclusive of depreciation expense shown separately below) 971,605 868,393
Gross margin 653,947 570,756
Selling and administrative expenses 497,418 458,631
Depreciation expense 33,977 37,690
Operating profit 122,552 74,435
Interest expense (2,568) (3,322)
Other income (expense) 960 (3,317)
Income before income taxes 120,944 67,796
Income tax expense 26,381 18,473
Net income and comprehensive income $ 94,563 $ 49,323
Earnings per common share    
Earnings per common share - basic (in dollars per share) $ 2.68 $ 1.26
Earnings per common share - diluted (in dollars per share) $ 2.62 $ 1.26
Weighted-average common shares outstanding:    
Basic 35,349 39,129
Dilutive effect of share-based awards 693 111
Diluted 36,042 39,240
Cash dividends declared per common share $ 0.30 $ 0.30