Earnings Per Share (Tables)

9 Months Ended

Oct. 31, 2019

Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]

Schedule of Earnings Per Share, Basic and Diluted

The composition of basic and diluted EPS is as follows:

	Three months ended October 31,				Nine months ended October 31,
	2019		2018		2019		2018
(in thousands, except per share data)
Net income	$	90,770	$	114,216	$	225,420	$	223,781
Weighted average common shares - basic	35,720		38,358		36,395		38,357
Effect of dilutive securities:
Equity based awards	248		168		235		202
Weighted average common shares - diluted	35,968		38,526		36,630		38,559
Earnings per share:
Basic	$	2.54	$	2.98	$	6.19	$	5.83
Diluted	$	2.52	$	2.96	$	6.15	$	5.80

For the three months ended October 31, 2019 and 2018, there were 485 and 45,072 shares, respectively, excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the nine months ended October 31, 2019 and 2018, there were 485 and 43,783 shares, respectively, excluded from the computation of diluted earnings per share because their effect would have been antidilutive.