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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Feb. 01, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED):
 
 
Net Sales
 
Gross
Margin
 
Net Income (Loss)
 
Net Income (Loss) Per
Common
Share - Basic
 
Net Income (Loss) Per
Common and
Common
Equivalent
Share - Diluted
 
 
 
 
 
 
 
 
 
 
 
(dollars in thousands, except per share amounts)
Fiscal year ended February 1, 2020:
 
 
 
 
 
 
 
 
 
First quarter (1)
$
517,728

 
$
190,831

 
$
2,025

 
$
0.02

 
$
0.02

Second quarter (1)
508,356

 
168,622

 
(2,309
)
 
(0.02
)
 
(0.02
)
Third quarter (2)
484,706

 
171,038

 
(8,123
)
 
(0.07
)
 
(0.07
)
Fourth quarter (1)
527,085

 
171,387

 
(4,347
)
 
(0.04
)
 
(0.04
)
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 (3)
499,877

 
180,978

 
6,481

 
0.05

 
0.05

Fourth quarter (4)
524,728

 
158,701

 
(16,640
)
 
(0.14
)
 
(0.14
)

(1) Results for the first quarter, second quarter and fourth quarter of fiscal 2019 include the unfavorable impact of accelerated depreciation charges of $3.6 million, $2.2 million, $0.8 million, after-tax, respectively, related to our retail fleet optimization plan.
(2) Results for the third quarter of fiscal 2019 include the unfavorable impact of accelerated depreciation charges of $1.5 million, after-tax, related to our retail fleet optimization plan and the impact of severance and other related net charges of $2.1 million, after-tax, in connection with actions taken to reposition our organization structure.
(3) Results for the third quarter of fiscal 2018 include the favorable tax benefit of $5.0 million related to the Tax Act.
(4) Results for the fourth quarter of fiscal 2018 include the unfavorable impact of impairment and accelerated depreciation charges of $8.1 million, after-tax, related to our retail fleet optimization plan.