EARNINGS PER SHARE (Tables)

12 Months Ended

Feb. 03, 2018

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):

	Fiscal Year
	2017		2016		2015
Basic earnings per common share:
Net income	$	390,498	$	378,159	$	362,912
Less income related to unvested restricted shares		(1,519)		(2,323)		(1,900)
Income available to common shareholders - Basic	$	388,979	$	375,836	$	361,012
Weighted-average common shares outstanding - Basic		184,281		204,735		206,845
Basic earnings per common share	$	2.11	$	1.84	$	1.75
Diluted earnings per common share:
Net income	$	390,498	$	378,159	$	362,912
Less income related to unvested restricted shares		(1,508)		(2,305)		(1,877)
Income available to common shareholders - Diluted	$	388,990	$	375,854	$	361,035
Weighted-average common shares outstanding - Basic		184,281		204,735		206,845
Effect of dilutive stock options and restricted stock units		1,285		1,619		2,501
Weighted-average common shares outstanding - Diluted		185,566		206,354		209,346
Diluted earnings per common share	$	2.10	$	1.82	$	1.72