Annual report pursuant to Section 13 and 15(d)

Selected quarterly financial data (unaudited) (Tables)

v3.20.1
Selected quarterly financial data (unaudited) (Tables)
12 Months Ended
Feb. 01, 2020
Selected quarterly financial data (unaudited)  
Schedule of unaudited quarterly results of operations

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Fiscal 2019

(In thousands, except per share data)

    

First Quarter

    

Second Quarter

    

Third Quarter

    

Fourth Quarter

Net sales

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$

1,743,029

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$

1,666,607

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$

1,682,514

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$

2,305,918

Cost of sales

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​

1,098,182

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1,060,708

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1,059,081

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​

1,499,033

Gross profit

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644,847

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​

605,899

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623,433

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806,885

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​

​

​

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Selling, general and administrative expenses

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​

403,133

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392,843

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449,198

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515,542

Pre-opening expenses

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​

4,174

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​

5,038

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6,455

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3,587

Operating income

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237,540

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​

208,018

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167,780

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287,756

Interest income, net

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(2,046)

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(1,671)

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(900)

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(439)

Income before income taxes

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239,586

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209,689

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168,680

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​

288,195

Income tax expense

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​

47,365

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​

48,431

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​

38,933

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​

65,476

Net income

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$

192,221

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$

161,258

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$

129,747

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$

222,719

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Net income per common share:

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Basic

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$

3.28

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$

2.77

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$

2.25

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$

3.91

Diluted

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$

3.26

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$

2.76

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$

2.25

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$

3.89

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Fiscal 2018

(In thousands, except per share data)

    

First Quarter

    

Second Quarter

    

Third Quarter

    

Fourth Quarter

Net sales

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$

1,543,667

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$

1,488,221

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$

1,560,011

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$

2,124,716

Cost of sales

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​

982,954

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952,760

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987,733

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​

1,383,857

Gross profit

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560,713

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​

535,461

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​

572,278

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740,859

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Selling, general and administrative expenses

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​

345,624

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337,142

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395,453

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457,245

Pre-opening expenses

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5,247

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4,504

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7,612

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​

2,404

Operating income

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209,842

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193,815

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169,213

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281,210

Interest income, net

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(1,325)

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(1,143)

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(1,318)

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(1,275)

Income before income taxes

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211,167

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194,958

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170,531

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282,485

Income tax expense

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46,771

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46,635

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39,365

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​

67,811

Net income

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$

164,396

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$

148,323

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$

131,166

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$

214,674

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Net income per common share:

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Basic

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$

2.71

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$

2.47

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$

2.20

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$

3.64

Diluted

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$

2.70

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$

2.46

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$

2.18

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$

3.61

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