XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Income Statement [Abstract]    
Net sales $ 1,287,196 $ 1,130,645
Cost of sales, buying and occupancy 900,144 793,359
Gross profit 387,052 337,286
Direct store expenses 262,595 229,058
Selling, general and administrative expenses 41,447 32,168
Store pre-opening costs 3,320 3,458
Store closure and other costs 10 91
Income from operations 79,680 72,511
Interest expense (6,065) (4,738)
Other income 208 95
Income before income taxes 73,823 67,868
Income tax provision (7,199) (21,581)
Net income $ 66,624 $ 46,287
Net income per share:    
Basic $ 0.50 $ 0.34
Diluted $ 0.50 $ 0.33
Weighted average shares outstanding:    
Basic 132,423 137,069
Diluted 133,752 140,147