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Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
May 06, 2018
Apr. 30, 2017
Income Statement [Abstract]    
Net sales $ 2,193.5 $ 1,875.0
Royalty revenue 89.4 87.3
Advertising and other revenue 31.7 26.7
Total revenue [1] 2,314.6 1,989.0
Cost of goods sold (exclusive of depreciation and amortization) 1,023.6 908.2
Gross profit 1,291.0 1,080.8
Selling, general and administrative expenses 1,053.0 960.9
Non-service related pension and postretirement (income) cost (2.5) 7.1
Equity in net income of unconsolidated affiliates 3.8 0.4
Income before interest and taxes [2] 244.3 113.2
Interest expense 29.4 30.4
Interest income 1.0 1.7
Income before taxes 215.9 84.5
Income tax expense 37.0 14.4
Net Income 178.9 70.1
Less: Net loss attributable to redeemable non-controlling interest (0.5) (0.3)
Net income attributable to PVH Corp. $ 179.4 $ 70.4
Basic net income per common share attributable to PVH Corp. $ 2.33 $ 0.90
Diluted net income per common share attributable to PVH Corp. 2.29 0.89
Dividends declared per common share $ 0.0750 $ 0.0750
[1] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Part I, Item 2 of this report for further discussion.
[2] Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Part I, Item 2 of this report for further discussion.