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Summarized Quarterly Data (unaudited) (Tables)
12 Months Ended
Feb. 01, 2020
Summarized Quarterly Data (unaudited)  
Summary of quarterly results

Each of our fiscal quarters consists of thirteen week periods, beginning on the first day after the end of the prior fiscal quarter, except that the fourth quarter in a year with 53 weeks (such as Fiscal 2017) includes 14 weeks. Following is a summary of our Fiscal 2019 and Fiscal 2018, quarterly results (in thousands, except per share amounts):

    

First

    

Second

    

Third

    

Fourth

    

Quarter

Quarter

Quarter

Quarter

Total(1)

Fiscal 2019

 

  

 

  

 

  

 

  

 

  

Net sales

$

281,973

$

302,000

$

241,221

$

297,596

$

1,122,790

Gross profit

$

165,769

$

179,825

$

132,980

$

166,393

$

644,967

Operating income

$

29,742

$

40,259

$

2,594

$

21,080

$

93,675

Net earnings

$

21,657

$

29,836

$

1,668

$

15,332

$

68,493

Net earnings per share:

 

  

 

  

 

  

 

  

 

  

Basic

$

1.30

$

1.78

$

0.10

$

0.91

$

4.09

Diluted

$

1.29

$

1.76

$

0.10

$

0.90

$

4.05

Weighted average shares outstanding:

 

  

 

  

 

  

 

  

 

  

Basic

 

16,713

 

16,760

 

16,773

 

16,779

 

16,756

Diluted

 

16,848

 

16,907

 

16,934

 

16,965

 

16,914

Fiscal 2018

 

  

 

  

 

  

 

  

 

  

Net sales

$

272,628

$

302,641

$

233,662

$

298,535

$

1,107,466

Gross profit

$

164,146

$

179,297

$

129,279

$

164,402

$

637,124

Operating income

$

28,373

$

36,513

$

3,705

$

22,001

$

90,592

Net earnings

$

20,567

$

27,184

$

1,861

$

16,679

$

66,291

Net earnings per share:

 

  

 

  

 

  

 

  

 

  

Basic

$

1.24

$

1.63

$

0.11

$

1.00

$

3.97

Diluted

$

1.23

$

1.61

$

0.11

$

0.99

$

3.94

Weighted average shares outstanding:

 

  

 

  

 

  

 

  

 

  

Basic

 

16,639

 

16,683

 

16,694

 

16,698

 

16,678

Diluted

 

16,769

 

16,840

 

16,870

 

16,890

 

16,842

(1)The sum of the quarterly net earnings per share amounts may not equal the amount for the year due to rounding.