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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 8 Months Ended
May 09, 2020
May 04, 2019
May 09, 2020
May 04, 2019
Income Statement [Abstract]        
Net sales $ 2,779,299 $ 2,783,006 $ 8,085,999 $ 7,875,307
Cost of sales, including warehouse and delivery expenses 1,288,651 1,290,986 3,728,221 3,640,706
Gross profit 1,490,648 1,492,020 4,357,778 4,234,601
Operating, selling, general and administrative expenses 998,975 944,497 2,958,144 2,799,239
Operating profit 491,673 547,523 1,399,634 1,435,362
Interest expense, net 47,450 43,239 135,528 123,608
Income before income taxes 444,223 504,284 1,264,106 1,311,754
Income tax expense 101,327 98,335 271,591 259,762
Net income $ 342,896 $ 405,949 $ 992,515 $ 1,051,992
Weighted average shares for basic earnings per share 23,386 24,836 23,610 25,210
Effect of dilutive stock equivalents 442 558 550 501
Weighted average shares for diluted earnings per share 23,828 25,394 24,160 25,711
Basic earnings per share $ 14.66 $ 16.35 $ 42.04 $ 41.73
Diluted earnings per share $ 14.39 $ 15.99 $ 41.08 $ 40.92