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Could you please show the steps to calculate the Price/Earnings and Market/Book Ratio? February 1, 2020 February 2, 2019 $ 409,251 (In thousands, except per

Could you please show the steps to calculate the Price/Earnings and Market/Book Ratio?

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February 1, 2020 February 2, 2019 $ 409,251 (In thousands, except per share data) Assets Current assets: Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories, net Prepaid expenses and other current assets Prepaid income taxes Total current assets Property and equipment, net Operating lease assets Goodwill Other intangible assets, net Deferred compensation plan assets Other long-term assets Total assets 392,325 $ 110,000 139,337 1,293,701 103,567 16,387 2,055,317 136,168 1,214,329 138,116 16,997 1,914,861 1,226,029 1,205,524 1,537,565 10,870 3,391 27,849 23,356 4,863,872 10,870 4,317 20,511 14,584 3,191,172 Liabilities and stockholders' equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Current operating lease liabilities Total current liabilities 414,009 $ 246,088 237,535 239,629 1,137,261 404,016 220,666 199,054 823,736 1,698,718 Non-current operating lease liabilities Deferred rent Deferred income taxes Other long-term liabilities Total liabilities 89,367 36,432 2,961,778 434,980 83,864 28.374 1,370,954 Commitments and contingencies (Note 9) Stockholders' equity: Common stock, $0.01 par value, 400,000 shares authorized; 57,285 and 59,232 shares issued; 56,609 and 58,584 shares outstanding; at February 1, 2020 and February 2, 2019, respectively Treasury stock-common, at cost Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 573 (34,448) 807,492 1,128,477 1,902,094 4,863,872 592 (24,908) 738,671 1,105,863 1,820,218 3,191,172 $ Consolidated Statements of Cash Flows February 1, 2020 Fiscal year ended February 2, 2019 February 3, 2018 S 705,945 $ 658,559 $ 555,234 279,472 252,713 295,599 278,820 5,503 25,045 5,850 34,080 26,636 2,885 (27,095) 24,399 7,518 (In thousands Operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Non-cash lease expense Deferred income taxes Stock-based compensation expense Loss on disposal of property and equipment Change in operating assets and liabilities: Receivables Merchandise inventories Prepaid expenses and other current assets Income taxes Accounts payable Accrued liabilities Deferred revenue Operating lease liabilities Deferred rent Other assets and liabilities Net cash provided by operating activities Investing activities Purchases of short-term investments Proceeds from short-term investments Capital expenditures Acquisitions, net of cash acquired Purchases of equity investments Net cash used in investing activities (20,637) (79,372) 9,289 610 9,993 28,183 38,481 (256,910) (36,387) (122,019) (39,450) (29,609) 78,256 29,265 50,684 (11,088) (152,449) (10,045) 3,641 66,240 (30,695) 67,586 54,894 1,101,293 27,064 (3,309) 956,127 41,725 (8,318) 779,366 (110,000) (330,000) 240,000 (440,714) (298,534) (386,193) 506,193 (319,400) (13,606) (2,101) (215,107) (62,946) (471,480) (530,714) (680,979) 43,780 (9,540) (616,194) 13,121 (6,141) Financing activities Repurchase of common shares Stock options exercised Purchase of treasury shares Debt issuance costs Net cash used in financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (367,581) 16,190 (4,243) (583) (356,217) (646,739) (609,214) (16,926) 131,806 409,251 277,445 S 392,325 S 409,251 S (107,565) 385,010 277,445 Supplemental information Income taxes paid, net of refunds Non-cash capital expenditures 133,861 $ 195,869 $ 26,901 28,746 254,619 43,471 Consolidated Statements of Income S (In thousands, except per share data) Net sales Cost of sales Gross profit February 1, 2020 7,398,068 4,717,004 2,681,064 Fiscal year ended February 2, 2019 6,716,615 4,307,304 2,409,311 February 3, 2018 5,884,506 3,787,697 2,096,809 Selling, general and administrative expenses Pre-opening expenses Operating income Interest income, net Income before income taxes Income tax expense Net income 1,760,716 19,254 901,094 (5,056) 906,150 200,205 705,945 1,535,464 19,767 854,080 (5,061) 859,141 200,582 658,559 1,287,232 24,286 785,291 (1,568) 786,859 231,625 555,234 Net income per common share: Basic Diluted S S 12.21 12.15 $ $ 11.00 10.94 $ $ 9.02 8.96 Weighted average common shares outstanding: Basic Diluted 57,840 58,105 59,864 60,181 61,556 61,975 Consolidated Statements of Stockholders' Equity Common Stock Issued Shares Amount 62,733 627 Treasury - Common Stock Treasury Shares Amount (604) $ (14,524) Additional Paid-In Capital 658,330 Retained Earnings 905,785 555,234 24,399 16,188 212 2 (15) (4,243) (1,504) 61,441 (15) 614 (619) (18,767) 698,917 (367,566) $ 1,093,453 658,559 26,636 (29,980) (In thousands) Balance - January 28, 2017 Net income Stock-based compensation Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 3, 2018 Net income Stock-based compensation Adoption of accounting standards - ASC 606 Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 2, 2019 Net income Stock-based compensation Adoption of accounting standards - ASC 842 Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 1, 2020 Total Stockholders' Equity $ 1,550,218 555,234 24,399 16,190 (4,243) (367,581) $ 1,774,217 658,559 26,636 (29,980) 13,121 (6,141) (616,194) 1,820,218 705,945 25,045 (2,375) 43,780 (9,540) (680,979) 1,902,094 255 13,118 (29) (6,141) (2,464) 59,232 (25) 592 (648) (24,908) $ 738,671 (616,169) $ 1,105,863 705,945 25.045 (2,375) 374 43,776 (28) (9,540) (2,321) 57,285 (23) 573 (680,956) 1,128,477 (676) (34,448) 807,492 February 1, 2020 February 2, 2019 $ 409,251 (In thousands, except per share data) Assets Current assets: Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories, net Prepaid expenses and other current assets Prepaid income taxes Total current assets Property and equipment, net Operating lease assets Goodwill Other intangible assets, net Deferred compensation plan assets Other long-term assets Total assets 392,325 $ 110,000 139,337 1,293,701 103,567 16,387 2,055,317 136,168 1,214,329 138,116 16,997 1,914,861 1,226,029 1,205,524 1,537,565 10,870 3,391 27,849 23,356 4,863,872 10,870 4,317 20,511 14,584 3,191,172 Liabilities and stockholders' equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Current operating lease liabilities Total current liabilities 414,009 $ 246,088 237,535 239,629 1,137,261 404,016 220,666 199,054 823,736 1,698,718 Non-current operating lease liabilities Deferred rent Deferred income taxes Other long-term liabilities Total liabilities 89,367 36,432 2,961,778 434,980 83,864 28.374 1,370,954 Commitments and contingencies (Note 9) Stockholders' equity: Common stock, $0.01 par value, 400,000 shares authorized; 57,285 and 59,232 shares issued; 56,609 and 58,584 shares outstanding; at February 1, 2020 and February 2, 2019, respectively Treasury stock-common, at cost Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 573 (34,448) 807,492 1,128,477 1,902,094 4,863,872 592 (24,908) 738,671 1,105,863 1,820,218 3,191,172 $ Consolidated Statements of Cash Flows February 1, 2020 Fiscal year ended February 2, 2019 February 3, 2018 S 705,945 $ 658,559 $ 555,234 279,472 252,713 295,599 278,820 5,503 25,045 5,850 34,080 26,636 2,885 (27,095) 24,399 7,518 (In thousands Operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Non-cash lease expense Deferred income taxes Stock-based compensation expense Loss on disposal of property and equipment Change in operating assets and liabilities: Receivables Merchandise inventories Prepaid expenses and other current assets Income taxes Accounts payable Accrued liabilities Deferred revenue Operating lease liabilities Deferred rent Other assets and liabilities Net cash provided by operating activities Investing activities Purchases of short-term investments Proceeds from short-term investments Capital expenditures Acquisitions, net of cash acquired Purchases of equity investments Net cash used in investing activities (20,637) (79,372) 9,289 610 9,993 28,183 38,481 (256,910) (36,387) (122,019) (39,450) (29,609) 78,256 29,265 50,684 (11,088) (152,449) (10,045) 3,641 66,240 (30,695) 67,586 54,894 1,101,293 27,064 (3,309) 956,127 41,725 (8,318) 779,366 (110,000) (330,000) 240,000 (440,714) (298,534) (386,193) 506,193 (319,400) (13,606) (2,101) (215,107) (62,946) (471,480) (530,714) (680,979) 43,780 (9,540) (616,194) 13,121 (6,141) Financing activities Repurchase of common shares Stock options exercised Purchase of treasury shares Debt issuance costs Net cash used in financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (367,581) 16,190 (4,243) (583) (356,217) (646,739) (609,214) (16,926) 131,806 409,251 277,445 S 392,325 S 409,251 S (107,565) 385,010 277,445 Supplemental information Income taxes paid, net of refunds Non-cash capital expenditures 133,861 $ 195,869 $ 26,901 28,746 254,619 43,471 Consolidated Statements of Income S (In thousands, except per share data) Net sales Cost of sales Gross profit February 1, 2020 7,398,068 4,717,004 2,681,064 Fiscal year ended February 2, 2019 6,716,615 4,307,304 2,409,311 February 3, 2018 5,884,506 3,787,697 2,096,809 Selling, general and administrative expenses Pre-opening expenses Operating income Interest income, net Income before income taxes Income tax expense Net income 1,760,716 19,254 901,094 (5,056) 906,150 200,205 705,945 1,535,464 19,767 854,080 (5,061) 859,141 200,582 658,559 1,287,232 24,286 785,291 (1,568) 786,859 231,625 555,234 Net income per common share: Basic Diluted S S 12.21 12.15 $ $ 11.00 10.94 $ $ 9.02 8.96 Weighted average common shares outstanding: Basic Diluted 57,840 58,105 59,864 60,181 61,556 61,975 Consolidated Statements of Stockholders' Equity Common Stock Issued Shares Amount 62,733 627 Treasury - Common Stock Treasury Shares Amount (604) $ (14,524) Additional Paid-In Capital 658,330 Retained Earnings 905,785 555,234 24,399 16,188 212 2 (15) (4,243) (1,504) 61,441 (15) 614 (619) (18,767) 698,917 (367,566) $ 1,093,453 658,559 26,636 (29,980) (In thousands) Balance - January 28, 2017 Net income Stock-based compensation Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 3, 2018 Net income Stock-based compensation Adoption of accounting standards - ASC 606 Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 2, 2019 Net income Stock-based compensation Adoption of accounting standards - ASC 842 Stock options exercised and other awards Purchase of treasury shares Repurchase of common shares Balance - February 1, 2020 Total Stockholders' Equity $ 1,550,218 555,234 24,399 16,190 (4,243) (367,581) $ 1,774,217 658,559 26,636 (29,980) 13,121 (6,141) (616,194) 1,820,218 705,945 25,045 (2,375) 43,780 (9,540) (680,979) 1,902,094 255 13,118 (29) (6,141) (2,464) 59,232 (25) 592 (648) (24,908) $ 738,671 (616,169) $ 1,105,863 705,945 25.045 (2,375) 374 43,776 (28) (9,540) (2,321) 57,285 (23) 573 (680,956) 1,128,477 (676) (34,448) 807,492

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