Annual report pursuant to Section 13 and 15(d)

Net income per common share

v2.4.1.9
Net income per common share
 12 Months Ended
Jan. 31, 2015
Earnings Per Share [Abstract]  
Net income per common share

11.    Net income per common 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:

 

     Fiscal year ended  

(In thousands, except per share data)

    January 31,
2015		      February 1,
2014		      February 2,
2013		  

Numerator for diluted net income per share — net income

    $ 257,135       $ 202,849       $ 172,549   

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

      64,335         63,992         63,250   

Dilutive effect of stock options and non-vested stock

      316         469         1,146   
  

 

 

     

 

 

     

 

 

  

Denominator for diluted net income per share

      64,651         64,461         64,396   

Net income per common share:

         

Basic

    $ 4.00       $ 3.17       $ 2.73   

Diluted

    $ 3.98       $ 3.15       $ 2.68   

The denominator for diluted net income per common share for fiscal years 2014, 2013 and 2012 exclude 686, 658 and 533 employee options, respectively, due to their anti-dilutive effects.