Net Income Per Common Share

12 Months Ended

Jan. 31, 2016

12. Net Income Per Common Share

The following is a reconciliation of the weighted-average common shares outstanding used for the computation of basic and diluted net income per common share:


	Fiscal Year Ended January 31,
	2016		2015		2014
Basic weighted-average common shares outstanding		125,232,499		136,651,899		147,014,869
Effect of dilutive options, stock appreciation rights, restricted stock units and performance stock units		780,915		1,540,835		2,211,037

Diluted weighted-average shares outstanding		126,013,414		138,192,734		149,225,906

For the fiscal years ended January 31, 2016, 2015 and 2014, awards to purchase 692,942 common shares ranging in price from $25.60 to $46.02, 1,015,895 common shares ranging in price from $35.12 to $46.02 and 151,625 common shares ranging in price from $37.65 to $46.02, respectively, were excluded from the calculation of diluted net income per common share because the impact would be anti-dilutive.

As of January 31, 2016 and 2015, 2,957,573 and 2,216,899 contingently issuable awards, respectively, were excluded from the calculation of diluted net income per common share as they did not meet certain performance criteria.