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Earnings Per Share
 9 Months Ended
Oct. 25, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
The computation of basic and diluted earnings per common share is as follows:
 
Three Months Ended
 
Nine Months Ended
(in thousands, except per share amounts)
October 25, 2015
 
October 26, 2014
 
October 25, 2015
 
October 26, 2014
Net income
$
10,704

 
$
17,623

 
$
10,250

 
$
43,388

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
65,117

 
$
67,162

 
$
65,920

 
$
67,223

Dilutive effect of options and restricted stock units
100

 
492

 
331

 
568

Weighted average common shares outstanding - diluted
65,217

 
$
67,654

 
$
66,251

 
$
67,791

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.16

 
$
0.26

 
$
0.16

 
$
0.65

Diluted earnings per common share
$
0.16

 
$
0.26

 
$
0.15

 
$
0.64

 
 
 
 
 
 
 
 
Anti-dilutive shares not included in the above calculations
3,728

 
1,951

 
2,392

 
1,710


Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings per common share incorporate the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of stock options and the vesting of restricted stock.