Net Earnings Per Share

12 Months Ended

Jan. 31, 2015

Earnings Per Share [Abstract]

Net Earnings Per Share

NET EARNINGS PER SHARE:

The following table sets forth the computation of basic and diluted EPS shown on the face of the accompanying consolidated statements of income (in thousands, except per share amounts):

	January 31, 2015			February 1, 2014			February 2, 2013
Numerator
Net income	$	64,641		$	65,883		$	180,219
Net income and dividends declared allocated to participating securities	(1,697		)	(1,746		)	(3,309		)
Net income available to common shareholders	$	62,944		$	64,137		$	176,910
Denominator
Weighted average common shares outstanding – basic	148,622			155,048			162,989
Dilutive effect of non-participating securities	504			947			1,130
Weighted average common and common equivalent shares outstanding – diluted	149,126			155,995			164,119
Net income per common share:
Basic	$	0.42		$	0.41		$	1.09
Diluted	$	0.42		$	0.41		$	1.08

In fiscal 2014, 2013 and 2012, 0.6 million, 0.9 million and 1.4 million potential shares of common stock, respectively, were excluded from the diluted per share calculation relating to non-participating securities, because the effect of including these potential shares was antidilutive.