Net Income Per Share

12 Months Ended

Feb. 02, 2019

Earnings Per Share [Abstract]

Net Income Per Share

NET INCOME PER SHARE:

The following table sets forth the computation of basic and diluted net income per share shown on the face of the accompanying consolidated statements of income (in thousands, except per share amounts):

	February 2, 2019			February 3, 2018			January 28, 2017
Numerator
Net income	$	35,613		$	101,000		$	91,229
Net income and dividends declared allocated to participating securities	(879		)	(2,300		)	(1,915		)
Net income available to common shareholders	$	34,734		$	98,700		$	89,314
Denominator
Weighted average common shares outstanding – basic	122,662			125,341			128,995
Dilutive effect of non-participating securities	67			62			242
Weighted average common and common equivalent shares outstanding – diluted	122,729			125,403			129,237
Net income per common share:
Basic	$	0.28		$	0.79		$	0.69
Diluted	$	0.28		$	0.79		$	0.69

In each of the fiscal years 2018, 2017 and 2016, 0.7 million of potential shares of common stock were excluded from the diluted per share calculation relating to non-participating securities, because the effect of including these potential shares was antidilutive.