Earnings Per Share

9 Months Ended

Oct. 30, 2016

Earnings per Share

The computation of basic and diluted earnings per common share is as follows:



	Three Months Ended				Nine Months Ended
(in thousands, except per share amounts)	October 30, 2016		October 25, 2015		October 30, 2016		October 25, 2015
Net income	$	30,776	$	10,704	$	46,642	$	10,250

Weighted average common shares outstanding - basic	65,549		65,117		65,331		65,920
Dilutive effect of options and restricted stock units	657		100		568		331
Weighted average common shares outstanding - diluted	66,206		65,217		65,899		66,251

Basic earnings per common share	$	0.47	$	0.16	$	0.71	$	0.16
Diluted earnings per common share	$	0.46	$	0.16	$	0.71	$	0.15

Anti-dilutive shares not included in the above calculations	989		3,728		1,498		2,392

Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings per common share incorporate the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of stock options and the vesting of restricted stock.