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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
External customer sales $ 865,020 $ 853,467 $ 2,554,882 $ 2,373,957
Gross profit 285,819 313,617 857,234 814,409
Operating expenses (222,232) (211,909) (674,348) (637,108)
Income from equity investments 2,290 2,600 6,670 6,598
Impairment charges (1,349) 0 (4,237) (1,174)
Operating profit 64,528 104,308 185,319 182,725
Interest expense, net (4,826) (7,706) (10,530) (24,592)
Loss on extinguishment of debt and write-off of debt issuance costs 0 0 (12,862) 0
Non-operating income (expenses), net (152) 172 (109) 734
Income before income taxes 59,550 96,774 161,818 158,867
Income tax provision (14,379) (16,590) (44,252) (18,797)
Net income $ 45,171 $ 80,184 $ 117,566 $ 140,070
Basic and diluted earnings per share:        
Basic earnings (loss) per share (USD per share) $ 0.70 $ 1.10 $ 1.71 $ 1.92
Diluted earnings (loss) per share (USD per share) $ 0.65 $ 1.04 $ 1.60 $ 1.81
Weighted average shares used in per share calculations:        
Basic shares (in shares) 64,245 73,191 68,924 72,911
Diluted shares (in shares) 69,140 77,135 73,287 77,216
Product        
External customer sales $ 865,020 $ 853,467 $ 2,554,882 $ 2,373,957
Cost of sales $ (579,201) $ (539,850) $ (1,697,648) $ (1,559,548)