Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Common Share (Tables)

v3.2.0.727
Net Income Per Common Share (Tables)
6 Months Ended
Aug. 01, 2015
Earnings Per Share [Abstract]  
Net Income Per Basic and Diluted Share

The following is a reconciliation of net income and the number of shares of common stock used in the computation of net income per basic and diluted share:

 

     13 Weeks Ended      26 Weeks Ended  

(In thousands, except per share data)

   August 1,
2015
     August 2,
2014
     August 1,
2015
     August 2,
2014
 

Numerator for diluted net income per share – net income

   $ 74,169       $ 60,794       $ 141,115       $ 110,747   

Denominator for basic net income per share – weighted-average common shares

     64,087         64,349         64,134         64,311   

Dilutive effect of stock options and non-vested stock

     323         287         350         307   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net income per share

     64,410         64,636         64,484         64,618   

Net income per common share:

           

Basic

   $ 1.16       $ 0.94       $ 2.20       $ 1.72   

Diluted

   $ 1.15       $ 0.94       $ 2.19       $ 1.71