Earnings Per Share

6 Months Ended

Jul. 30, 2017

Earnings per Share

The computation of basic and diluted earnings per common share was as follows:



	Three Months Ended				Six Months Ended
(in thousands, except per share amounts)	July 30, 2017		July 31, 2016		July 30, 2017		July 31, 2016
Net income	$	12,564	$	8,978	$	24,385	$	15,866

Weighted average common shares outstanding - basic	65,763		65,299		65,801		65,222
Dilutive effect of stock options and restricted stock units	1,707		606		1,620		501
Weighted average common shares outstanding - diluted	67,470		65,905		67,421		65,723

Basic earnings per common share	$	0.19	$	0.14	$	0.37	$	0.24
Diluted earnings per common share	$	0.19	$	0.14	$	0.36	$	0.24

Anti-dilutive shares not included in the above calculations	254		1,466		385		1,774

Basic earnings per common share is computed by dividing 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 incorporates the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of non-qualified stock options, the vesting of restricted stock units and performance unit awards if the conditions have been met.