Earnings per Share (Tables)

3 Months Ended

Apr. 30, 2016

Reconciliation of Number of Shares Outstanding for Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:

	For the three months ended
	April 30, 2016		May 2, 2015
(in thousands)
Common Stock Outstanding:
Basic weighted average common shares outstanding		49,513		49,019
Common stock equivalents – stock options and restricted stock ⁽¹⁾		367		—
Diluted weighted average common shares outstanding		49,880		49,019

(1)

Common Stock equivalents of 483 shares for the three months ended May 2, 2015 were excluded due to a net loss.

Potential Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period because the exercise price of such options was greater than the average market price per share of common stock for the respective periods or because of the unearned compensation associated with either the stock options or restricted stock units had an anti-dilutive effect.

	For the three months ended
	April 30, 2016		May 2, 2015
(in thousands, except exercise prices)
Stock Options (time-vested)		1,244		1,467
Restricted Stock Units (time-vested)		423		—
Range of exercise prices of such options	$4.91 - $7.52		$4.91 - $7.52