Earnings per Share

12 Months Ended

Feb. 01, 2020

Basic earnings per share has been computed based upon the weighted average of Class A and Class B common shares outstanding. As no stock options or other dilutive securities were outstanding during any of the respective periods, the calculation of basic and dilutive earnings per share are the same.

Earnings per common share has been computed as follows:



	Fiscal 2019				Fiscal 2018				Fiscal 2017
(in thousands, except per share data)	Basic		Diluted		Basic		Diluted		Basic		Diluted
Net earnings available for per-share calculation	$	111,081	$	111,081	$	170,263	$	170,263	$	221,324	$	221,324
Average shares of common stock outstanding	25,364		25,364		27,312		27,312		29,487		29,487
Dilutive effect of stock-based compensation	—		—		—		—		—		—
Total average equivalent shares	25,364		25,364		27,312		27,312		29,487		29,487
Per share of common stock:
Net income	$	4.38	$	4.38	$	6.23	$	6.23	$	7.51	$	7.51