XML 45 R9.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share
9 Months Ended
Oct. 27, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings per Share
The computation of basic and diluted earnings per common share was as follows:
 
Three Months Ended
 
Nine Months Ended
(in thousands, except per share amounts)
October 27, 2019
 
October 28, 2018
 
October 27, 2019
 
October 28, 2018
Net income
$
17,599

 
$
12,165

 
$
36,259

 
$
49,716

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
66,387

 
66,014

 
66,337

 
66,134

Dilutive effect of share-based compensation
931

 
2,717

 
1,293

 
2,415

Weighted average common shares outstanding - diluted
67,318

 
68,731

 
67,630

 
68,549

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.27

 
$
0.18

 
$
0.55

 
$
0.75

Diluted earnings per common share
$
0.26

 
$
0.18

 
$
0.54

 
$
0.73

 
 
 
 
 
 
 
 
Anti-dilutive shares not included in the above calculations
237

 
289

 
223

 
496


Diluted earnings per common share incorporates the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of non-qualified stock options and the vesting of restricted stock units and performance unit awards if certain conditions have been met, but excludes such incremental shares that would have an anti-dilutive effect.