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Earnings Per Share (Tables)
6 Months Ended
Aug. 01, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted EPS shown on the face of the accompanying condensed consolidated statements of income (in thousands, except per share amounts):
 
Twenty-Six Weeks Ended
 
Thirteen Weeks Ended
 
August 1, 2015
 
August 2, 2014
 
August 1, 2015
 
August 2, 2014
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income
$
34,647

 
$
70,008

 
$
2,122

 
$
30,126

Net income and dividends declared allocated to participating securities
(804
)
 
(1,902
)
 
(28
)
 
(842
)
Net income available to common shareholders
$
33,843

 
$
68,106

 
$
2,094

 
$
29,284

Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
140,992

 
148,584

 
138,606

 
148,694

Dilutive effect of non-participating securities
347

 
543

 
355

 
524

Weighted average common and common equivalent shares outstanding – diluted
141,339

 
149,127

 
138,961

 
149,218

Net income per common share:
 
 
 
 
 
 
 
Basic
$
0.24

 
$
0.46

 
$
0.02

 
$
0.20

Diluted
$
0.24

 
$
0.46

 
$
0.02

 
$
0.20