Earnings Per Share



	For the Year Ended February 2, 2019					For the Year Ended February 3, 2018					For the Year Ended January 28, 2017
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per-Share Amount		Income (Numerator)		Shares (Denominator)	Per-Share Amount		Income (Numerator)		Shares (Denominator)	Per-Share Amount
Earnings from continuing operations	$	51,224				$	36,708				$	72,882
Basic EPS from continuing operations
Income from continuing operations available to common shareholders	51,224		19,351	$	2.65	36,708		19,218	$	1.91	72,882		20,076	$	3.63
Effect of Dilutive Securities from continuing operations
Dilutive share-based awards			108					27					58
Employees’ preferred stock⁽¹⁾			36					37					38
Diluted EPS from continuing operations
Income from continuing operations available to common shareholders plus assumed conversions	$	51,224	19,495	$	2.63	$	36,708	19,282	$	1.90	$	72,882	20,172	$	3.61

⁽¹⁾The Company’s Employees’ Subordinated Convertible Preferred Stock is convertible one for one to the Company’s common stock. Because there are no dividends paid on this stock, these shares are assumed to be converted for all periods presented.

There were no outstanding options to purchase shares of common stock at the end of Fiscal 2019, 2018 and 2017.

The weighted shares outstanding reflects the effect of the Company's new $125.0 million share repurchase program approved by the Board of Directors in December 2018. The Company repurchased 968,375 shares at a cost of $45.9 million during Fiscal 2019. The Company has repurchased 1,261,918 shares in the first quarter of Fiscal 2020, through April 2, 2019, at a cost of $55.8 million. The Company has $23.3 million remaining as of April 2, 2019 under its current $125.0 million share repurchase authorization. The Company repurchased 275,300 shares at a cost of $16.2 million during Fiscal 2018. The Company repurchased 2,155,869 shares at a cost of $133.3 million during Fiscal 2017.