Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.5.0.2
Earnings per Share (Tables)
6 Months Ended
Jul. 30, 2016
Earnings per Share  
Computation of basic and diluted earnings per common share allocated to common shareholders

Basic and diluted earnings per common share allocated to common shareholders are computed using the actual net earnings allocated to common shareholders and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our condensed consolidated statement of earnings and the accompanying notes.  As a result, it may not be possible to recalculate earnings per common share allocated to common shareholders in our condensed consolidated statement of earnings and the accompanying notes. The following table sets forth the computation of basic and diluted earnings per common share allocated to common shareholders (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 For the Six Months Ended

 

 

 

July 30,

 

August 1,

 

July 30,

 

August 1,

 

 

    

2016

    

2015

    

2016

    

2015

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

24,975

 

$

47,779

 

$

26,612

 

$

58,148

 

Net earnings allocated to participating securities (restricted stock and deferred stock units)

 

 

(31)

 

 

(47)

 

 

(31)

 

 

(64)

 

Net earnings allocated to common shareholders

 

$

24,944

 

$

47,732

 

$

26,581

 

$

58,084

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

 

48,609

 

 

48,304

 

 

48,527

 

 

48,217

 

Dilutive effect of share-based awards

 

 

30

 

 

240

 

 

103

 

 

270

 

Diluted weighted-average common shares outstanding

 

 

48,639

 

 

48,544

 

 

48,630

 

 

48,487

 

Net earnings per common share allocated to common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.51

 

$

0.99

 

$

0.55

 

$

1.20

 

Diluted

 

$

0.51

 

$

0.98

 

$

0.55

 

$

1.20