CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
May 04, 2013	Apr. 28, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS
Net sales	$ 1,549,136	$ 1,549,319
Service charges and other income	40,245	36,693
Total net sales, service charges and other income	1,589,381	1,586,012
Cost of sales	937,785	956,913
Selling, general and administrative expenses	390,196	393,238
Depreciation and amortization	65,116	64,020
Rentals	5,571	8,265
Interest and debt expense, net	16,310	17,455
Gain on disposal of assets	(12,345)	(997)
Asset impairment and store closing charges	6,527	0
Income before income taxes and income on and equity in losses of joint ventures	180,221	147,118
Income taxes	63,420	52,970
Income on and equity in losses of joint ventures	409	835
Net income	117,210	94,983
Retained earnings at beginning of period	3,099,566	3,107,344
Cash dividends declared	(2,330)	(2,479)
Retained earnings at end of period	$ 3,214,446	$ 3,199,848
Earnings per share:
Basic (in dollars per share)	$ 2.50	$ 1.92
Diluted (in dollars per share)	$ 2.50	$ 1.89
Cash dividends declared per common share (in dollars per share)	$ 0.05	$ 0.05

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses, excluding rent. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, utilities, communication, etc.

No definition available.