Earnings per Share

12 Months Ended

Feb. 03, 2018

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Basic earnings per share has been computed based upon the weighted average of Class A and Class B common shares outstanding. As no stock options or other dilutive securities were outstanding during any of the respective periods, the calculation of basic and dilutive earnings per share are the same.

Earnings per common share has been computed as follows:

	Fiscal 2017				Fiscal 2016				Fiscal 2015
(in thousands, except per share data)	Basic		Diluted		Basic		Diluted		Basic		Diluted
Net earnings available for per-share calculation	$	221,324	$	221,324	$	169,220	$	169,220	$	269,370	$	269,370
Average shares of common stock outstanding	29,487		29,487		34,308		34,308		39,005		39,005
Dilutive effect of stock-based compensation	—		—		—		—		—		—
Total average equivalent shares	29,487		29,487		34,308		34,308		39,005		39,005
Per share of common stock:
Net income	$	7.51	$	7.51	$	4.93	$	4.93	$	6.91	$	6.91