Quarterly report pursuant to Section 13 or 15(d)

Net income per common share (Tables)

v2.4.0.8
Net income per common share (Tables)
9 Months Ended
Nov. 01, 2014
Earnings Per Share [Abstract]  
Net Income Per Basic and Diluted Share

The following is a reconciliation of net income and the number of shares of common stock used in the computation of net income per basic and diluted share:

 

     13 Weeks Ended      39 Weeks Ended  
     November 1,      November 2,      November 1,      November 2,  

(In thousands, except per share data)

   2014      2013      2014      2013  
           

Net income

   $ 59,124       $ 45,430       $ 169,871       $ 132,167   
           

Denominator for basic net income per share – weighted-average common shares

     64,419         64,061         64,347         63,912   

Dilutive effect of stock options and non-vested stock

     319         477         308         512   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net income per share

     64,738         64,538         64,655         64,424   
           

Net income per common share:

           

Basic

   $ 0.92       $ 0.71       $ 2.64       $ 2.07   

Diluted

   $ 0.91       $ 0.70       $ 2.63       $ 2.05