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Earnings Per Share
 12 Months Ended
Feb. 02, 2019
Earnings Per Share  
Earnings Per Share

(11) 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

 

 

 

February 2,

 

 

February 3,

 

 

January 28,

 

    

 

2019

    

 

2018

    

 

2017

Net Income

 

$

23,750

 

$

17,742

 

$

29,669

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

42,878

 

 

42,496

 

 

42,187

Dilutive effect of common stock equivalents

 

 

101

 

 

26

 

 

298

Diluted

 

 

42,979

 

 

42,522

 

 

42,485

Basic income per share

 

$

0.55

 

$

0.42

 

$

0.70

Diluted income per share

 

$

0.55

 

$

0.42

 

$

0.70

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

 

 

56

 

 

191

 

 

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