Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.1
Net Income Per Share (Tables)
3 Months Ended
Apr. 29, 2023
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
(in millions, except per share data) April 29, 2023 April 30, 2022
Basic net income per share:
Net income $ 299.0  $ 536.4 
Weighted average number of shares outstanding 221.1  225.3 
Basic net income per share $ 1.35  $ 2.38 
Diluted net income per share:
Net income $ 299.0  $ 536.4 
Weighted average number of shares outstanding 221.1  225.3 
Dilutive effect of stock options and restricted stock (as
   determined by applying the treasury stock method)
0.6  1.1 
Weighted average number of shares and dilutive potential
   shares outstanding
221.7  226.4 
Diluted net income per share $ 1.35  $ 2.37