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Earnings per Share
9 Months Ended
Nov. 03, 2018
Earnings Per Share [Abstract]  
Earnings per Share

5.  Earnings per Share

The following is a reconciliation between basic and diluted weighted average shares outstanding:

 

 

 

13 Weeks Ended

 

 

39 Weeks Ended

 

 

 

November 3,

 

 

October 28,

 

 

November 3,

 

 

October 28,

 

(In thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

176,938

 

 

 

177,288

 

 

 

177,033

 

 

 

178,272

 

Dilutive effect of stock options and non-vested

   restricted stock

 

 

1,184

 

 

 

1,844

 

 

 

1,245

 

 

 

1,988

 

Diluted number of common shares outstanding

 

 

178,122

 

 

 

179,132

 

 

 

178,278

 

 

 

180,260

 

 

Equity awards to purchase approximately 0.7 million and no shares of common stock during the 13 and 39 weeks ended November 3, 2018, respectively and approximately 2.5 million shares of common stock during both the 13 and 39 weeks ended October 28, 2017, respectively, were outstanding, but were not included in the computation of weighted average diluted common share amounts as the effect of doing so would be anti-dilutive.

Additionally, approximately 0.4 million shares of restricted stock units for the 13 and 39 weeks ended November 3, 2018, and 0.1 and 0.9 million shares of restricted stock units for the 13 and 39 weeks ended October 28, 2017, respectively, were outstanding, but not included in the computation of weighted average diluted common share amounts as the effect of doing so would be anti-dilutive. Furthermore, approximately 1.0 million and 1.3 million shares of restricted stock units for the 13 and 39 weeks ended November 3, 2018, respectively, and  0.1 million and 0.9 million shares of restricted stock units for the 13 and 39 weeks ended October 28, 2017, respectively, were not included in the computation of weighted average diluted common shares amounts because the number of shares ultimately issued is contingent on the Company’s performance compared to pre-established annual performance goals.  

Refer to Note 9 to the Consolidated Financial Statements for additional information regarding share-based compensation.