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Quarterly Financial Information (Unaudited)
12 Months Ended
Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

Summarized quarterly financial information for fiscal 2015 and 2014 is as follows (in thousands, except earnings per share data):
 
Fiscal 2015
 
First
Quarter
 
Second
Quarter
  
Third
Quarter
 
Fourth
Quarter
Net sales
$
1,565,308

 
$
1,822,979

  
$
1,642,627

 
$
2,240,051

Gross profit (1)
468,988

 
553,558


488,376

 
671,966

Income from operations (1)
101,912

 
148,407


77,081

 
207,794

Net income (1)
63,345

 
90,839

 
47,215

(2) 
128,993

Earnings per common share:
 
 
 
  
 
 
 
Basic (1)
$
0.54

 
$
0.78

  
$
0.41

 
$
1.15

Diluted (1)
$
0.53

 
$
0.77

  
$
0.41

 
$
1.13

Weighted average common shares outstanding:
 
 
 
  
 
 
 
Basic
117,044

 
116,281

  
114,978

 
112,618

Diluted
118,906

 
117,805

  
116,506

 
113,960

 
 
 
Fiscal 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter 
Net sales
$
1,438,908

 
$
1,688,890

  
$
1,526,675

 
$
2,160,006

Gross profit  (1)
440,883

 
502,556

  
451,972

 
691,256

Income from operations (1)
112,088

 
111,562

 
79,930

 
250,480

Net income
69,984

(3) 
69,467

(4) 
49,211

 
155,536

Earnings per common share:
 
 
 
 
 
 
 
Basic (1)
$
0.58

 
$
0.58

  
$
0.42

 
$
1.32

Diluted (1)
$
0.57

 
$
0.57

  
$
0.41

 
$
1.30

Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic
121,138

 
119,950

  
118,142

 
117,745

Diluted
123,360

 
121,840

  
120,002

 
119,749

 
 
 
 
 
 
 
 


(1) 
Quarterly results for fiscal 2015 and 2014 do not add to full year results due to rounding.

(2) 
Includes litigation settlement charge of $4.7 million.

(3) 
Includes gain on sale of a Gulfstream G650 corporate aircraft of $8.7 million.

(4) 
Includes golf restructuring charges of $12.2 million.