XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Feb. 02, 2013
Jan. 28, 2012
Jan. 29, 2011
CONSOLIDATED STATEMENTS OF INCOME      
Net sales $ 5,836,119 $ 5,211,802 $ 4,871,492
Cost of goods sold, including occupancy and distribution costs 3,998,956 3,616,921 3,422,462
GROSS PROFIT 1,837,163 1,594,881 1,449,030
Selling, general and administrative expenses 1,297,413 1,148,268 1,129,293
Pre-opening expenses 16,076 14,593 10,488
INCOME FROM OPERATIONS 523,674 432,020 309,249
Impairment of available-for-sale investments 32,370 0 0
Gain on sale of investment 0 (13,900) 0
Interest expense 6,034 13,868 14,016
Other (income) expense (4,555) 26 (2,278)
INCOME BEFORE INCOME TAXES 489,825 432,026 297,511
Provision for income taxes 199,116 168,120 115,434
NET INCOME $ 290,709 $ 263,906 $ 182,077
EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ 2.39 $ 2.19 $ 1.57
Diluted (in dollars per share) $ 2.31 $ 2.10 $ 1.50
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 121,629 120,232 116,236
Diluted (in shares) 125,995 125,768 121,724
Cash dividends declared per share (in dollars per share) $ 2.50 $ 0.50 $ 0.00