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Earnings Per Share (Tables)
3 Months Ended
Apr. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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 operations (in thousands, except per share amounts):
 
Thirteen Weeks Ended
 
April 30, 2016
 
May 2, 2015
 
 
 
 
Numerator
 
 
 
Net income
$
31,084

 
$
32,525

Net income and dividends declared allocated to participating securities
(646
)
 
(786
)
Net income available to common shareholders
$
30,438

 
$
31,739

Denominator
 
 
 
Weighted average common shares outstanding – basic
131,594

 
143,378

Dilutive effect of non-participating securities
95

 
393

Weighted average common and common equivalent shares outstanding – diluted
131,689

 
143,771

Net income per common share:
 
 
 
Basic
$
0.23

 
$
0.22

Diluted
$
0.23

 
$
0.22