Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.2
EARNINGS PER SHARE (Tables)
9 Months Ended
Oct. 31, 2020
EARNINGS PER SHARE  
Schedule of Calculation of 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

39 Weeks Ended

October 31,

November 2,

October 31,

November 2,

2020

2019

2020

2019

Basic earnings per common share:

Net income

$

111,122

$

28,705

$

39,860

  

$

90,943

Less income related to unvested restricted shares

 

(60)

 

(40)

 

(32)

 

(108)

Income available to common shareholders - Basic

$

111,062

$

28,665

$

39,828

$

90,835

Weighted-average common shares outstanding - Basic

147,402

150,877

147,188

155,299

Basic earnings per common share

$

0.75

$

0.19

$

0.27

$

0.58

Diluted earnings per common share:

 

 

Net income

$

111,122

$

28,705

$

39,860

$

90,943

Less income related to unvested restricted shares

 

(59)

(40)

 

(32)

(108)

Income available to common shareholders - Diluted

$

111,063

$

28,665

$

39,828

$

90,835

Weighted-average common shares outstanding - Basic

147,402

150,877

147,188

155,299

Effect of dilutive stock options and restricted stock units

2,890

48

1,608

43

Weighted-average common shares outstanding - Diluted

150,292

150,925

148,796

155,342

Diluted earnings per common share

$

0.74

$

0.19

$

0.27

$

0.58