Earnings per Share
12 Months Ended
Jan. 28, 2017
Earnings Per Share [Abstract]  
Earnings per Share

5.  Earnings per Share

The following is a reconciliation between basic and diluted weighted average shares outstanding:

 

 

 

For the Years Ended

 

 

 

January 28,

 

 

January 30,

 

 

January 31,

 

(In thousands, except per share amounts)

 

2017

 

 

2016

 

 

2015

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

181,429

 

 

 

194,351

 

 

 

194,437

 

Dilutive effect of stock options and non-vested

   restricted stock

 

 

2,406

 

 

 

1,886

 

 

 

698

 

Dilutive number of common shares outstanding

 

 

183,835

 

 

 

196,237

 

 

 

195,135

 

 

Stock option awards to purchase approximately 2.2 million, 13,000 and 2.3 million shares of common stock during the Fiscal 2016, Fiscal 2015 and Fiscal 2014, respectively, were outstanding, but were not included in the computation of weighted average diluted common share amounts as the effect of doing so would have been anti-dilutive.

Additionally, approximately 0.1 million, 0.7 million, and 1.9 million of performance-based restricted stock awards for Fiscal 2016, Fiscal 2015, and Fiscal 2014, respectively, were not included in the computation of weighted average diluted common share amounts because the number of shares ultimately issued is contingent on the Company’s performance compared to pre-established performance goals.  

Refer to Note 12 to the Consolidated Financial Statements for additional information regarding share-based compensation.