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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Jul. 29, 2023
Jul. 30, 2022
Income Statement [Abstract]        
Net Sales $ 545,126 $ 558,720 $ 1,079,869 $ 1,099,635
Net sales, as a percentage 100.00% 100.00% 100.00% 100.00%
Cost of goods sold $ 328,226 $ 327,206 $ 637,960 $ 651,556
Cost of goods sold, as a percentage of sales 60.20% 58.60% 59.10% 59.30%
Gross Margin $ 216,900 $ 231,514 $ 441,909 $ 448,079
Gross margin, as a percentage of sales 39.80% 41.40% 40.90% 40.70%
Selling, general, and administrative expenses $ 170,356 $ 173,297 $ 342,029 $ 344,455
Selling, general, and administrative expenses, as a percentage of sales 31.30% 31.00% 31.70% 31.30%
Income from Operations $ 46,544 $ 58,217 $ 99,880 $ 103,624
Income from operations, as a percentage of sales 8.50% 10.40% 9.20% 9.40%
Interest expense, net $ (420) $ (1,056) $ (1,050) $ (2,031)
Interest expense, net, as a percentage of sales (0.10%) (0.20%) (0.10%) (0.20%)
Income before Income Taxes $ 46,124 $ 57,161 $ 98,830 $ 101,593
Income before income taxes, as a percentage of sales 8.40% 10.20% 9.10% 9.20%
Income tax (benefit) provision $ (13,200) $ 15,200 $ (400) $ 24,700
Income tax (benefit) provision, as a percentage of sales (2.50%) 2.70% (0.10%) 2.20%
Net Income $ 59,324 $ 41,961 $ 99,230 $ 76,893
Net income, as a percentage of sales 10.90% 7.50% 9.20% 7.00%
Per Share Data:        
Net income per common share – basic (in dollars per share) $ 0.50 $ 0.35 $ 0.83 $ 0.64
Net income per common and common equivalent share – diluted (in dollars per share) $ 0.49 $ 0.34 $ 0.81 $ 0.62
Weighted average common shares outstanding – basic (in shares) 119,113 120,003 119,408 119,498
Weighted average common and common equivalent shares outstanding – diluted (in shares) 121,956 123,897 122,697 123,580