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Earnings Per Share
 12 Months Ended
Jan. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

(13) Earnings Per Share

Basic earnings per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding, reduced by the number of shares repurchased and held in treasury, during the period. Diluted earnings per share represents basic earnings per share adjusted to include the potentially dilutive effect of outstanding share option awards, nonvested share awards and nonvested share unit awards.

The following table sets forth the computation of basic and diluted earnings per common share:

 

 

Fiscal Year Ended

 

 

January 30,

 

 

January 31,

 

 

February 1,

 

 

2016

 

 

2015

 

 

2014

 

Net income

$

27,771

 

 

$

13,784

 

 

$

21,750

 

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

41,966

 

 

 

39,961

 

 

 

33,170

 

Dilutive effect of common stock equivalents

 

368

 

 

 

180

 

 

 

15

 

Diluted

 

42,334

 

 

 

40,141

 

 

 

33,185

 

Basic earnings per share

$

0.66

 

 

$

0.34

 

 

$

0.66

 

Diluted earnings per share

$

0.66

 

 

$

0.34

 

 

$

0.66