Net Income per Common Share (Tables)

9 Months Ended

Oct. 31, 2019

Net Income per Common Share

Schedule of reconciliation between basic and diluted net income per share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share:

	Three Months Ended October 31,				Nine Months Ended October 31,
	2019		2018		2019		2018
	(In thousands, except per share amounts)
Net income	$	95,387	$	94,025	$	118,549	$	113,987
Basic net income per share:
Basic common shares		47,768		49,231		48,333		49,176
Basic net income per share	$	2.00	$	1.91	$	2.45	$	2.32
Diluted net income per share:
Basic common shares		47,768		49,231		48,333		49,176
Diluted restricted stock unit awards and stock options		588		1,263		723		1,169
Diluted common shares		48,356		50,494		49,056		50,345
Diluted net income per share	$	1.97	$	1.86	$	2.42	$	2.26