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Earnings Per Share (Tables)
6 Months Ended
Jul. 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
 
Twenty-Six Weeks Ended
 
July 30, 2016
 
August 1, 2015
 
July 30, 2016
 
August 1, 2015
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income
$
23,039

 
$
2,122

 
$
54,123

 
$
34,647

Net income and dividends declared allocated to participating securities
(506
)
 
(28
)
 
(1,155
)
 
(804
)
Net income available to common shareholders
$
22,533

 
$
2,094

 
$
52,968

 
$
33,843

Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
129,215

 
138,606

 
130,406

 
140,992

Dilutive effect of non-participating securities
147

 
355

 
110

 
347

Weighted average common and common equivalent shares outstanding – diluted
129,362

 
138,961

 
130,516

 
141,339

Net income per common share:
 
 
 
 
 
 
 
Basic
$
0.17

 
$
0.02

 
$
0.41

 
$
0.24

Diluted
$
0.17

 
$
0.02

 
$
0.41

 
$
0.24