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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.