Earnings Per Share

9 Months Ended

Nov. 01, 2015

7 EARNINGS PER SHARE

Earnings per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings per share is based on weighted average number of common shares outstanding for the period. Diluted earnings per share is based on the weighted average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock. The weighted average shares used for earnings per share is as follows:


	Three Months Ended				Nine Months Ended
	November 1, 2015		November 2, 2014		November 1, 2015		November 2, 2014
(in thousands)
Basic weighted average shares		23,815		23,815		23,815		23,815
Effect of common stock equivalents		211		134		474		182
Diluted weighted average shares		24,026		23,949		24,289		23,997