Quarterly report [Sections 13 or 15(d)]

Earnings Per Share

v3.25.1
Earnings Per Share
 3 Months Ended
May 03, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the calculations of basic and diluted earnings per share:
13 Weeks Ended
(in millions, except per share data) May 3, 2025 May 4, 2024
Numerator:
Income from continuing operations $ 313.5  $ 267.7 
Income from discontinued operations, net of tax 29.9  32.4 
Net income $ 343.4  $ 300.1 
Denominator:
Weighted average number of shares outstanding 213.6 217.8
Dilutive impact of share-based awards (as determined by
   applying the treasury stock method)		 0.3 0.3
Weighted average number of shares and dilutive
   potential shares outstanding		 213.9 218.1
Basic earnings per share of common stock:
Continuing operations $ 1.47  $ 1.23 
Discontinued operations 0.14  0.15 
Total basic earnings per share of common stock $ 1.61  $ 1.38 
Diluted earnings per share of common stock:
Continuing operations $ 1.47  $ 1.23 
Discontinued operations 0.14  0.15 
Total diluted earnings per share of common stock $ 1.61  $ 1.38 
Share-based awards of 2.6 million shares and 3.1 million shares were excluded from the calculation of diluted net income per share for the 13 weeks ended May 3, 2025 and May 4, 2024, respectively, because their inclusion would be anti-dilutive.