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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Oct. 30, 2021
Oct. 31, 2020
Net sales $ 1,335,656 $ 1,377,925 $ 4,418,582 $ 4,461,271
Cost of sales (exclusive of depreciation expense shown separately below) 816,475 820,032 2,667,657 2,649,058
Gross margin 519,181 557,893 1,750,925 1,812,213
Selling and administrative expenses 487,378 482,307 1,473,454 1,444,938
Depreciation expense 35,930 33,086 105,196 104,750
Gain on sale of distribution centers 0 0 0 (463,053)
Operating (loss) profit (4,127) 42,500 172,275 725,578
Interest expense (2,284) (2,586) (7,148) (8,456)
Other income (expense) 285 (484) 1,112 (2,444)
(Loss) income before income taxes (6,126) 39,430 166,239 714,678
Income tax (benefit) expense (1,796) 9,520 38,299 183,473
Net (loss) income and comprehensive (loss) income $ (4,330) $ 29,910 $ 127,940 $ 531,205
Earnings (loss) per common share        
Earnings (loss) per common share - basic (in dollars per share) $ (0.14) $ 0.79 $ 3.80 $ 13.69
Earnings (loss) per common share - diluted (in dollars per share) $ (0.14) $ 0.76 $ 3.73 $ 13.46
Weighted-average common shares outstanding:        
Basic 31,679 38,054 33,677 38,807
Dilutive effect of share-based awards 0 1,137 617 659
Diluted 31,679 39,191 34,294 39,466
Cash dividends declared per common share $ 0.30 $ 0.30 $ 0.90 $ 0.90