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CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 30, 2011
Jul. 31, 2010
Jul. 30, 2011
Jul. 31, 2010
Net sales $ 675,703 $ 651,502 $ 1,285,265 $ 1,299,964
Cost of sales, including certain buying, occupancy and warehousing expenses 443,642 411,794 821,443 802,560
Gross profit 232,061 239,708 463,822 497,404
Selling, general and administrative expenses 167,099 165,493 325,590 334,138
Depreciation and amortization expense 35,675 36,049 70,555 71,574
Operating income 29,287 38,166 67,677 91,692
Other income (expense), net 1,431 (1,110) 5,943 (989)
Income before income taxes 30,718 37,056 73,620 90,703
Provision for income taxes 11,049 11,213 25,626 28,998
Income from continuing operations 19,669 25,843 47,994 61,705
Loss from discontinued operations, net of tax   (16,180)   (41,120)
Net income 19,669 9,663 47,994 20,585
Basic income per common share:        
Income from continuing operations $ 0.10 $ 0.13 $ 0.25 $ 0.30
Loss from discontinued operations $ 0.00 $ (0.08) $ 0.00 $ (0.20)
Basic income per common share $ 0.10 $ 0.05 $ 0.25 $ 0.10
Diluted income per common share:        
Income from continuing operations $ 0.10 $ 0.13 $ 0.24 $ 0.30
Loss from discontinued operations $ 0.00 $ (0.08) $ 0.00 $ (0.20)
Diluted income per common share $ 0.10 $ 0.05 $ 0.24 $ 0.10
Cash dividends per common share $ 0.11 $ 0.11 $ 0.22 $ 0.21
Weighted average common shares outstanding - basic 194,909 201,764 194,800 204,238
Weighted average common shares outstanding - diluted 196,578 203,153 196,626 206,430
Retained earnings, beginning 1,716,173 1,749,513 1,711,929 1,764,049
Net income 19,669 9,663 47,994 20,585
Cash dividends and dividend equivalents (21,850) (22,434) (43,602) (43,517)
Reissuance of treasury stock (214) (1,239) (2,543) (5,614)
Retained earnings, ending $ 1,713,778 $ 1,735,503 $ 1,713,778 $ 1,735,503