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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 03, 2019
Aug. 04, 2018
Aug. 03, 2019
Aug. 04, 2018
Net revenue $ 683,220 $ 645,871 $ 1,219,911 $ 1,167,160
Cost of product sales 417,554 406,440 772,296 753,791
Gross profit 265,666 239,431 447,615 413,369
Selling, general and administrative expenses 218,175 204,569 422,820 402,788
Asset impairment charges 1,504 2,981 3,279 3,740
Net gains on lease terminations 0 0 0 (152)
Earnings from operations 45,987 31,881 21,516 6,993
Other income (expense):        
Interest expense (4,951) (863) (6,210) (1,602)
Interest income 313 1,132 674 2,109
Other income (expense), net (6,355) 1,360 (4,284) (1,254)
Total other income (expense) (10,993) 1,629 (9,820) (747)
Earnings before income tax expense 34,994 33,510 11,696 6,246
Income tax expense 8,818 7,776 6,101 1,499
Net earnings 26,176 25,734 5,595 4,747
Net earnings attributable to noncontrolling interests 854 204 1,647 438
Net earnings attributable to Guess, Inc. $ 25,322 $ 25,530 $ 3,948 $ 4,309
Net earnings per common share attributable to common stockholders (Note 3):        
Basic (in dollars per share) $ 0.36 $ 0.32 $ 0.05 $ 0.05
Diluted (in dollars per share) $ 0.35 $ 0.31 $ 0.05 $ 0.05
Weighted average common shares outstanding attributable to common stockholders (Note 3):        
Basic (in shares) 70,508 80,110 75,216 80,006
Diluted (in shares) 71,356 81,550 76,155 81,248
Product sales        
Net revenue $ 664,678 $ 626,162 $ 1,182,551 $ 1,127,667
Net royalties        
Net revenue $ 18,542 $ 19,709 $ 37,360 $ 39,493