Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE (Tables)

v3.7.0.1
NET INCOME PER SHARE (Tables)
3 Months Ended
Apr. 29, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the calculations of basic and diluted net income per share:
 
 
13 Weeks Ended
 
 
April 29,
 
April 30,
(in millions, except per share data)
 
2017
 
2016
Basic net income per share:
 
 
 
 
Net income
 
$
200.5

 
$
232.7

Weighted average number of shares outstanding
 
236.3

 
235.3

Basic net income per share
 
$
0.85

 
$
0.99

Diluted net income per share:
 
 
 
 
Net income
 
$
200.5

 
$
232.7

Weighted average number of shares outstanding
 
236.3

 
235.3

Dilutive effect of stock options and restricted stock (as determined by
applying the treasury stock method)
 
1.0

 
1.1

Weighted average number of shares and dilutive potential shares
outstanding
 
237.3

 
236.4

Diluted net income per share
 
$
0.85

 
$
0.98