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Earnings Per Share
9 Months Ended
Nov. 03, 2018
Earnings Per Share  
Earnings Per Share

(8) 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 income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

Thirty-Nine Weeks Ended

 

 

 

 

November 3,

 

 

October 28,

 

 

November 3,

 

 

October 28,

 

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net Income

 

$

12,398

 

$

9,808

 

$

13,121

 

$

11,855

 

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

42,938

 

 

42,576

 

 

42,854

 

 

42,464

 

Dilutive effect of common stock equivalents

 

 

156

 

 

35

 

 

83

 

 

37

 

Diluted

 

 

43,094

 

 

42,611

 

 

42,937

 

 

42,501

 

Basic earnings per share

 

$

0.29

 

$

0.23

 

$

0.31

 

$

0.28

 

Diluted earnings per share

 

$

0.29

 

$

0.23

 

$

0.31

 

$

0.28

 

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

 

 

 7

 

 

222

 

 

49

 

 

233