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Earnings Per Share
6 Months Ended
Aug. 04, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
6.            Earnings Per Share

The computation of basic earnings per share (EPS) is based on the number of weighted average common shares outstanding during the period.  The computation of diluted EPS is based on the weighted average number of shares outstanding plus the incremental shares that would be outstanding assuming exercise of dilutive stock options and issuance of restricted stock.  The number of incremental shares is calculated by applying the treasury stock method.  The following table sets forth the weighted average common shares outstanding (in thousands):

  
Thirteen Weeks Ended
  
Twenty-Six Weeks Ended
 
  
August 4, 2018
  
July 29, 2017
  
August 4, 2018
  
July 29, 2017
 
Weighted-average shares used in basic computations
  
18,823
   
20,781
   
18,896
   
21,049
 
Dilutive equity awards
  
-
   
-
   
183
   
75
 
Weighted-average shares used in diluted computations
  
18,823
   
20,781
   
19,079
   
21,124
 

For the thirteen weeks ended August 4, 2018, we excluded 227,356 options from the computation of diluted weighted-average common shares and common share equivalents outstanding because of their anti-dilutive effect.  For the thirteen weeks ended July 29, 2017, we excluded 269,658 options from the computation of diluted weighted-average common shares and common share equivalents outstanding because of their anti-dilutive effect.

During periods of net income, we exclude nonvested stock awards granted to certain employees from the computation of diluted weighted-average common shares and common share equivalents outstanding because they are subject to certain performance-based annual vesting conditions which had not been achieved by period end.  During periods of net loss, no effect is given for nonvested stock awards.