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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Jul. 30, 2022
Jul. 31, 2021
External customer sales $ 859,319 $ 817,335 $ 1,689,862 $ 1,520,490
Gross profit 295,670 284,681 571,415 500,792
Operating expenses (228,690) (224,385) (452,116) (425,199)
Income from equity investments 2,435 2,290 4,380 3,998
Impairment charges (1,816) (1,174) (2,888) (1,174)
Operating profit 67,599 61,412 120,791 78,417
Interest expense, net (2,752) (8,072) (5,704) (16,886)
Loss on extinguishment of debt and write-off of debt issuance costs 0 0 (12,862) 0
Non-operating income (expenses), net 37 (244) 43 562
Income before income taxes 64,884 53,096 102,268 62,093
Income tax provision (18,671) (10,236) (29,873) (2,207)
Net income $ 46,213 $ 42,860 $ 72,395 $ 59,886
Basic and diluted earnings per share:        
Basic earnings (loss) per share (USD per share) $ 0.66 $ 0.59 $ 1.02 $ 0.82
Diluted earnings (loss) per share (USD per share) $ 0.62 $ 0.55 $ 0.96 $ 0.78
Weighted average shares used in per share calculations:        
Basic shares (in shares) 69,604 72,932 71,263 72,773
Diluted shares (in shares) 73,942 77,619 75,369 77,271
Product        
External customer sales $ 859,319 $ 817,335 $ 1,689,862 $ 1,520,490
Cost of sales $ (563,649) $ (532,654) $ (1,118,447) $ (1,019,698)