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Earnings Per Share
 6 Months Ended
Jul. 29, 2017
Earnings Per Share  
Earnings Per Share

(9) 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

Twenty-Six Weeks Ended

 

 

 

July 29,

 

 

July 30,

 

 

July 29,

 

 

July 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

Net income

 

$

6,554

 

$

8,304

 

$

2,046

 

$

8,615

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

42,536

 

 

42,217

 

 

42,406

 

 

42,125

Dilutive effect of common stock equivalents

 

 

51

 

 

273

 

 

51

 

 

281

Diluted

 

 

42,587

 

 

42,490

 

 

42,457

 

 

42,406

Basic Earnings per share

 

$

0.15

 

$

0.20

 

$

0.05

 

$

0.20

Diluted Earnings per share

 

$

0.15

 

$

0.20

 

$

0.05

 

$

0.20

Restricted stock units considered anti-dilutive and excluded in the calculation

 

 

175

 

 

321

 

 

222

 

 

321