Earnings Per Share

3 Months Ended

Apr. 28, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

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

	Three Months Ended
(in thousands, except per share amounts)	April 28, 2019		April 29, 2018
Net income	$	13,294	$	12,382
Weighted average common shares outstanding - basic	66,105		66,324
Dilutive effect of stock options and restricted stock units	1,871		1,871
Weighted average common shares outstanding - diluted	67,976		68,195
Basic earnings per common share	$	0.20	$	0.19
Diluted earnings per common share	$	0.20	$	0.18
Anti-dilutive shares not included in the above calculations	500		146

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.