Net Earnings Per Share

12 Months Ended

Jan. 30, 2016

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 30, 2016		January 31, 2015			February 1, 2014

Numerator
Net income	$	1,946	$	64,641		$	65,883
Net income and dividends declared allocated to participating securities	—		(1,697		)	(1,746		)
Net income available to common shareholders	$	1,946	$	62,944		$	64,137
Denominator
Weighted average common shares outstanding – basic	138,366		148,622			155,048
Dilutive effect of non-participating securities	375		504			947
Weighted average common and common equivalent shares outstanding – diluted	138,741		149,126			155,995
Net income per common share:
Basic	$	0.01	$	0.42		$	0.41
Diluted	$	0.01	$	0.42		$	0.41

In fiscal 2015, 2014 and 2013, 0.3 million, 0.6 million and 0.9 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.