Earnings Per Share

12 Months Ended

Jan. 30, 2016

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

(in millions, except per share amounts)	Fiscal 2016		Fiscal 2015		Fiscal 2014
Net income	$	467.9	$	381.3	$	368.0
Basic weighted average number of shares outstanding	79.5		79.9		80.2
Dilutive effect of share awards	0.2		0.3		0.5
Diluted weighted average number of shares outstanding	79.7		80.2		80.7
Earnings per share – basic	$	5.89	$	4.77	$	4.59
Earnings per share – diluted	$	5.87	$	4.75	$	4.56

The dilutive effect of share awards represents the potential impact of outstanding awards issued under the Company’s share-based compensation plans, including restricted shares and restricted stock units issued under the Omnibus Plan and stock options issued under the Share Saving Plans and the Executive Plans. The potential impact is calculated under the treasury stock method. The calculation of fully diluted EPS for Fiscal 2016 excludes share awards of 104,545 shares (Fiscal 2015: 24,378 share awards; Fiscal 2014: 70,447 share awards) on the basis that their effect would be anti-dilutive.