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EARNINGS PER SHARE (Tables)
3 Months Ended
Apr. 30, 2016
EARNINGS PER SHARE  
Schedule of calculation of basic and diluted earnings per share

 

 

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

 

 

April 30,

 

May 2,

 

 

 

2016

    

2015

 

Basic earnings per common share:

 

 

 

 

 

 

 

Net income

  

$

70,765

  

$

66,738

  

Less income related to unvested restricted shares

 

 

(476)

 

 

(290)

 

Income available to common stockholders - Basic

 

$

70,289

 

$

66,448

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - Basic

 

 

206,994

 

 

205,632

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.34

 

$

0.32

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Net income

 

$

70,765

 

$

66,738

 

Less income related to unvested restricted shares

 

 

(471)

 

 

(285)

 

Income available to common shareholders - Diluted

 

$

70,294

 

$

66,453

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - Basic

 

 

206,994

 

 

205,632

 

Effect of dilutive stock options

 

 

1,979

 

 

3,418

 

Weighted-average common shares outstanding - Diluted

 

 

208,973

 

 

209,050

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.34

 

$

0.32