Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.7.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
Income Statement [Abstract]    
Net sales $ 1,314,879 $ 1,073,716
Cost of sales 838,871 683,286
Gross profit 476,008 390,430
Selling, general and administrative expenses 283,445 240,724
Pre-opening expenses 4,158 2,542
Operating income 188,405 147,164
Interest income, net (338) (315)
Income before income taxes 188,743 147,479
Income tax expense 60,520 55,503
Net income $ 128,223 $ 91,976
Net income per common share:    
Basic $ 2.06 $ 1.46
Diluted $ 2.05 $ 1.45
Weighted average common shares outstanding:    
Basic 62,101 63,031
Diluted 62,594 63,335