| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
8,750 | 8,436 | 8,590 | 7,921 | 7,270 | 6,814 | 6,213 | 5,836 | 5,211 | 4,871 | 4,412 | 4,130 |
Cost of goods sold, including occupancy and distribution costs | |||||||||||
6,196 | 5,998 | 6,101 | 5,556 | 5,088 | 4,727 | 4,269 | 3,998 | 3,616 | 3,422 | 3,195 | 2,946 |
GROSS PROFIT | |||||||||||
2,554 | 2,437 | 2,489 | 2,365 | 2,182 | 2,086 | 1,943 | 1,837 | 1,594 | 1,449 | 1,216 | 1,184 |
Selling, general and administrative expenses | |||||||||||
2,173 | 1,986 | 1,982 | 1,875 | 1,613 | 1,502 | 1,386 | 1,297 | 1,148 | 1,129 | 972 | 928 |
Merger and integration costs | |||||||||||
- | - | - | - | - | - | - | - | - | - | 10 | 15 |
Impairment of goodwill and other intangible assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 164 |
Impairment of store assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 29 |
Pre-opening expenses | |||||||||||
5 | 6 | 29 | 40 | 34 | 30 | 20 | 16 | 14 | 10 | 9 | 16 |
INCOME FROM OPERATIONS | |||||||||||
375 | 444 | 477 | 449 | 535 | 554 | 536 | 523 | 432 | 309 | 225 | 30 |
Gain on sale of subsidiaries | |||||||||||
33 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Impairment of available-for-sale investments | |||||||||||
- | - | - | - | - | - | - | 32 | 0 | 0 | - | - |
Gain on sale of investment | |||||||||||
- | - | - | - | - | - | - | - | 13 | 0 | 0 | - |
Gain on sale of asset | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2 |
Interest expense | |||||||||||
17 | 10 | 8 | 5 | 4 | 3 | 2 | 6 | 13 | 14 | 4 | 17 |
Other (income) expense | |||||||||||
15 | -2 | 31 | 14 | -0 | 5 | 12 | 4 | -0 | 2 | 2 | -1 |
INCOME BEFORE INCOME TAXES | |||||||||||
407 | 431 | 501 | 458 | 530 | 556 | 546 | 489 | 432 | 297 | 223 | 13 |
Provision for income taxes | |||||||||||
110 | 112 | 177 | 171 | 200 | 211 | 208 | 199 | 168 | 115 | 87 | 53 |
NET INCOME | |||||||||||
297 | 319 | 323 | 287 | 330 | 344 | 337 | 290 | 263 | 182 | 135 | -39 |
EARNINGS PER COMMON SHARE: | |||||||||||
Basic (in dollars per share) | |||||||||||
3.40 | 3.27 | 3.02 | 2.59 | 2.87 | 2.89 | 2.75 | 2.39 | 2.19 | 1.57 | 1.20 | -0.36 |
Diluted (in dollars per share) | |||||||||||
3.34 | 3.24 | 3.01 | 2.56 | 2.83 | 2.84 | 2.69 | 2.31 | 2.10 | 1.50 | 1.15 | -0.36 |
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | |||||||||||
Basic (in shares) | |||||||||||
87 | 97 | 106 | 111 | 115 | 119 | 122 | 121 | 120 | 116 | 113 | 111 |
Diluted (in shares) | |||||||||||
89 | 98 | 107 | 112 | 116 | 121 | 125 | 125 | 125 | 121 | 117 | 111 |
Cash dividends declared per common share (in dollars per share) | |||||||||||
- | - | - | - | - | - | - | - | - | 0.00 | 0.00 | - |