Earnings Per Share Details (Tables)

9 Months Ended

Oct. 31, 2016

Earnings Per Share, Diluted, by Common Class, Including Two Class Method

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The composition of basic and diluted EPS is as follows:

	Three months ended October 31,				Nine months ended October 31,
	2016		2015		2016		2015
(in thousands, except per share data)
Net income	$	36,506	$	41,900	$	116,273	$	169,589
Weighted average common shares - basic	35,218		35,214		35,184		36,174
Effect of dilutive securities:
Equity based awards	231		183		209		180
Weighted average common shares - diluted	35,449		35,397		35,393		36,354
Earnings per share:
Basic	$	1.04	$	1.19	$	3.30	$	4.69
Diluted	$	1.03	$	1.18	$	3.29	$	4.66

For the three and nine months ended October 31, 2016, there were 844 and 1,454 shares, respectively, excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the three and nine months ended October 31, 2015, there were no shares excluded from the computation of diluted earnings per share because their effect would have been antidilutive.