NET INCOME PER SHARE

Basic net income per share is calculated by dividing net income by the weighted average number of common shares outstanding for the applicable period. Diluted net income per share is calculated after adjusting the denominator of the basic net income per share calculation for the effect of all potentially dilutive stock compensation awards outstanding during the period.

The following table sets forth the computation of basic and diluted net income per share:



	Three Months Ended
	July 28, 2018		July 29, 2017
Numerator - Net Income	$	23.7	$	20.5
Denominator:
Denominator for Basic Net Income per Share-Weighted Average Shares Outstanding and Vested/Unissued Restricted Stock Awards	37,350,444		37,248,689
Dilutive Potential Common Shares-Employee Stock Options, Restricted Stock Awards and Restricted Stock Units	287,058		312,551
Denominator for Diluted Net Income per Share	37,637,502		37,561,240

Net Income per Share:
Basic	$	0.63	$	0.55
Diluted	$	0.63	$	0.55

For the three months ended July 28, 2018, no options have been excluded in the computation of diluted net income per share because the average market price was greater than the exercise price for those periods. RSAs for 358,533 shares have been excluded in the computation of diluted net income per share for the three months ended July 28, 2018, as these awards are contingent on the Company's full-year performance in fiscal 2020.

For the three months ended July 29, 2017, no options have been excluded in the computation of diluted net income per share because the average market price was greater than the exercise price for those periods. RSAs for 821,075 shares have been excluded in the computation of diluted net income per share for the three months ended July 29, 2017, as these awards are contingent on the Company's full-year performance in fiscal 2020.