Net Income Per Share

12 Months Ended

Feb. 03, 2018

Earnings Per Share [Abstract]

Net Income Per Share

NET INCOME PER SHARE:

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

	February 3, 2018			January 28, 2017			January 30, 2016
Numerator
Net income	$	101,000		$	91,229		$	1,946
Net income and dividends declared allocated to participating securities	(2,300		)	(1,915		)	—
Net income available to common shareholders	$	98,700		$	89,314		$	1,946
Denominator
Weighted average common shares outstanding – basic	125,341			128,995			138,366
Dilutive effect of non-participating securities	62			242			375
Weighted average common and common equivalent shares outstanding – diluted	125,403			129,237			138,741
Net income per common share:
Basic	$	0.79		$	0.69		$	0.01
Diluted	$	0.79		$	0.69		$	0.01

In fiscal 2017, 2016 and 2015, 0.7 million, 0.7 million and 0.3 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.