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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Quarterly Financial Information Disclosure [Abstract]    
Schedule of Quarterly Financial Information
 
2017 Quarters Ended*
 
(in millions, except per share amounts)
April 30

July 31

October 31

January 31 a

Net sales
$
899.6

$
959.7

$
976.2

$
1,334.3

Gross profit
557.6

598.2

598.4

850.6

Earnings from operations
145.6

181.3

160.3

307.2

Net earnings
92.9

115.0

100.2

61.9

Net earnings per share:
 
 
 
 
Basic
$
0.75

$
0.92

$
0.81

$
0.50

Diluted
$
0.74

$
0.92

$
0.80

$
0.50

a 
For the quarter ended January 31, 2018, includes net tax expense of $146.2 million, or $1.17 per diluted share, related to the estimated impact of the 2017 Tax Act (see "Note O. Income Taxes").

 
2016 Quarters Ended*
 
(in millions, except per share amounts)
April 30

July 31

October 31

January 31 b

Net sales
$
891.3

$
931.6

$
949.3

$
1,229.6

Gross profit
545.6

577.1

579.5

788.2

Earnings from operations
134.6

174.9

155.2

256.5

Net earnings
87.5

105.7

95.1

157.8

Net earnings per share:
 
 
 
 
Basic
$
0.69

$
0.84

$
0.76

$
1.27

Diluted
$
0.69

$
0.84

$
0.76

$
1.26


b 
On a pre-tax basis, includes charges for the quarter ended January 31, 2017 of:
i.
$25.4 million, which reduced net earnings per diluted share by $0.13, associated with an impairment charge related to software costs capitalized in connection with the development of a new finished goods inventory management and merchandising information system (see "Note B. Summary of Significant Accounting Policies" and "Note E. Property, Plant and Equipment"); and
ii.
$12.6 million, which reduced net earnings per diluted share by $0.06, associated with impairment charges related to financing arrangements with diamond mining and exploration companies (see "Note B. Summary of Significant Accounting Policies").
*
The sum of quarterly amounts may not agree with full year amounts due to rounding.