XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 8 Months Ended
May 04, 2019
May 05, 2018
May 04, 2019
May 05, 2018
Income Statement [Abstract]        
Net sales $ 2,783,006 $ 2,660,152 $ 7,875,307 $ 7,662,309
Cost of sales, including warehouse and delivery expenses 1,290,986 1,237,178 3,640,706 3,596,442
Gross profit 1,492,020 1,422,974 4,234,601 4,065,867
Operating, selling, general and administrative expenses 944,497 877,209 2,799,239 2,846,250
Operating profit 547,523 545,765 1,435,362 1,219,617
Interest expense, net 43,239 41,958 123,608 120,186
Income before income taxes 504,284 503,807 1,311,754 1,099,431
Income taxes 98,335 137,086 259,762 162,177
Net income $ 405,949 $ 366,721 $ 1,051,992 $ 937,254
Weighted average shares for basic earnings per share 24,836 26,926 25,210 27,306
Effect of dilutive stock equivalents 558 403 501 463
Weighted average shares for diluted earnings per share 25,394 27,329 25,711 27,769
Basic earnings per share $ 16.35 $ 13.62 $ 41.73 $ 34.32
Diluted earnings per share $ 15.99 $ 13.42 $ 40.92 $ 33.75