Earnings Per Share

6 Months Ended

Jul. 29, 2018

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 29, 2018		July 30, 2017		July 29, 2018		July 30, 2017
Net income	$	25,169	$	12,564	$	37,551	$	24,385

Weighted average common shares outstanding - basic	66,063		65,763		66,194		65,801
Dilutive effect of stock options and restricted stock units	2,817		1,707		2,234		1,620
Weighted average common shares outstanding - diluted	68,880		67,470		68,428		67,421

Basic earnings per common share	$	0.38	$	0.19	$	0.57	$	0.37
Diluted earnings per common share	$	0.37	$	0.19	$	0.55	$	0.36

Anti-dilutive shares not included in the above calculations	202		254		364		385

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.