Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.19.1
EARNINGS PER SHARE (Tables)
3 Months Ended
May 04, 2019
EARNINGS PER SHARE  
Schedule of calculation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per common share (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

 

May 4,

 

May 5,

 

 

2019

 

2018

Basic earnings per common share:

 

 

 

 

 

 

Net income

 

$

37,691

  

$

26,885

Less income related to unvested restricted shares

 

 

(39)

 

 

(67)

Income available to common shareholders - Basic

 

$

37,652

 

$

26,818

 

 

 

 

 

 

 

Weighted-average common shares outstanding - Basic

 

 

157,749

 

 

181,523

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.24

 

$

0.15

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

Net income

 

$

37,691

 

$

26,885

Less income related to unvested restricted shares

 

 

(39)

 

 

(66)

Income available to common shareholders - Diluted

 

$

37,652

 

$

26,819

 

 

 

 

 

 

 

Weighted-average common shares outstanding - Basic

 

 

157,749

 

 

181,523

Effect of dilutive stock options and restricted stock units

 

 

112

 

 

1,129

Weighted-average common shares outstanding - Diluted

 

 

157,861

 

 

182,652

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.24

 

$

0.15