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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Feb. 02, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED):
 
 
Net Sales
 
Gross
Margin
 
Net Income
 
Net Income Per
Common
Share - Basic
 
Net Income Per
Common and
Common
Equivalent
Share - Diluted
 
 
 
 
 
 
 
 
 
 
 
(dollars in thousands, except per share amounts)
Fiscal year ended February 2, 2019:
 
 
 
 
 
 
 
 
 
First quarter
$
561,815

 
$
226,868

 
$
29,004

 
$
0.23

 
$
0.23

Second quarter
544,720

 
196,867

 
16,768

 
0.13

 
0.13

Third quarter 1
499,877

 
180,978

 
6,481

 
0.05

 
0.05

Fourth quarter (thirteen weeks) 2
524,728

 
158,701

 
$
(16,640
)
 
(0.14
)
 
(0.14
)
Fiscal year ended February 3, 2018:
 
 
 
 
 
 
 
 
 
First quarter
$
583,728

 
$
237,413

 
$
33,619

 
$
0.26

 
$
0.26

Second quarter
578,581

 
209,101

 
22,716

 
0.18

 
0.18

Third quarter 3
532,287

 
196,702

 
16,690

 
0.13

 
0.13

Fourth quarter (fourteen weeks) 4
587,783

 
221,561

 
27,975

 
0.22

 
0.22


1 Third quarter fiscal 2018 results include the favorable tax benefit of approximately $5 million related to the Tax Act.
2 Fourth quarter fiscal 2018 results include the unfavorable impact of impairment and accelerated depreciation charges of approximately $8 million, after-tax, related to our retail fleet optimization plan.
3 Third quarter fiscal 2017 results include the unfavorable impact of the Hurricanes of approximately $5 million, after-tax.
2 Fourth quarter fiscal 2017 results include the favorable impact of the Tax Act of approximately $10 million.