Earnings Per Share

12 Months Ended

Feb. 01, 2014

Earnings Per Share [Abstract]

Earnings Per Share

13.NET EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted EPS shown on the face of the accompanying consolidated statements of income:

	February 1, 2014		February 2, 2013		January 28, 2012
	(dollars in thousands)
Numerator
Net income	$	65,883	$	180,219	$	140,874
Net income and dividends declared allocated   to unvested restricted stock		(1,746)		(3,309)		(1,834)
Net income available to common shareholders	$	64,137	$	176,910	$	139,040
Denominator
Weighted average common shares   outstanding – basic		155,047,529		162,988,767		169,152,870
Dilutive effect of stock options and PSUs   outstanding		947,332		1,130,313		1,097,574
Weighted average common and common   equivalent shares outstanding – diluted		155,994,861		164,119,080		170,250,444
Net income per common share:
Basic	$	0.41	$	1.09	$	0.82
Diluted	$	0.41	$	1.08	$	0.82

In fiscal 2013,  2012 and 2011,  922,532,1,391,228 and 3,823,166 potential shares of common stock, respectively, were excluded from the diluted per share calculation relating to stock option awards and performance-based stock units, because the effect of including these potential shares was antidilutive.