Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.22.1
Net Income Per Share (Tables)
3 Months Ended
Apr. 30, 2022
Earnings Per Share [Abstract]  
Schedule of basic and diluted net income per share
The following table sets forth the calculations of basic and diluted net income per share:
13 Weeks Ended
April 30, May 1,
(in millions, except per share data) 2022 2021
Basic net income per share:
Net income $ 536.4  $ 374.5 
Weighted average number of shares outstanding 225.3  233.2 
Basic net income per share $ 2.38  $ 1.61 
Diluted net income per share:
Net income $ 536.4  $ 374.5 
Weighted average number of shares outstanding 225.3  233.2 
Dilutive effect of stock options and restricted stock (as
   determined by applying the treasury stock method)
1.1  1.2 
Weighted average number of shares and dilutive potential
   shares outstanding
226.4  234.4 
Diluted net income per share $ 2.37  $ 1.60