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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 03, 2019
Aug. 04, 2018
Aug. 03, 2019
Aug. 04, 2018
Net sales $ 1,252,414 $ 1,222,169 $ 2,548,210 $ 2,490,152
Cost of sales (exclusive of depreciation expense shown separately below) 754,184 730,750 1,530,933 1,486,775
Gross margin 498,230 491,419 1,017,277 1,003,377
Selling and administrative expenses 455,026 426,605 915,631 864,697
Depreciation expense 30,023 30,496 62,820 59,025
Operating profit 13,181 34,318 38,826 79,655
Interest expense (4,565) (2,407) (8,298) (3,983)
Other income (expense) (789) 149 121 657
Income before income taxes 7,827 32,060 30,649 76,329
Income tax expense 1,649 7,896 8,931 20,926
Net income and comprehensive income $ 6,178 $ 24,164 $ 21,718 $ 55,403
Earnings per common share        
Earnings per common share - basic (in dollars per share) $ 0.16 $ 0.59 $ 0.55 $ 1.33
Earnings per common share - diluted (in dollars per share) $ 0.16 $ 0.59 $ 0.55 $ 1.33
Weighted-average common shares outstanding:        
Basic 39,000 41,061 39,461 41,587
Dilutive effect of share-based awards 77 220 83 106
Diluted 39,077 41,281 39,544 41,693
Cash dividends declared per common share $ 0.30 $ 0.30 $ 0.60 $ 0.60