EARNINGS PER SHARE (Tables)

12 Months Ended

Feb. 01, 2020

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
	2019		2018		2017
Basic earnings per common share:
Net income	$	272,595	$	319,545	$	390,498
Less income related to unvested restricted shares		(318)		(595)		(1,519)
Income available to common shareholders - Basic	$	272,277	$	318,950	$	388,979
Weighted-average common shares outstanding - Basic		153,134		170,610		184,281
Basic earnings per common share	$	1.78	$	1.87	$	2.11
Diluted earnings per common share:
Net income	$	272,595	$	319,545	$	390,498
Less income related to unvested restricted shares		(317)		(593)		(1,508)
Income available to common shareholders - Diluted	$	272,278	$	318,952	$	388,990
Weighted-average common shares outstanding - Basic		153,134		170,610		184,281
Effect of dilutive stock options and restricted stock units		68		768		1,285
Weighted-average common shares outstanding - Diluted		153,202		171,378		185,566
Diluted earnings per common share	$	1.78	$	1.86	$	2.10