Earnings Per Share
3 Months Ended
May 04, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table provides a reconciliation between basic and diluted weighted-average shares used to calculate basic and diluted earnings per share:
 
 
Thirteen Weeks Ended
 
 
May 4, 2019
 
May 5, 2018
 
(in thousands)
Weighted-average shares - basic
 
66,845

 
75,407

Dilutive effect of stock options and restricted stock units
 

 
716

Weighted-average shares - diluted
 
66,845

 
76,123


Equity awards representing 5.9 million shares were excluded from the computation of diluted earnings per share for the thirteen weeks ended May 4, 2019 as the inclusion of these awards would have been anti-dilutive. Equity awards representing 4.0 million shares of common stock were excluded from the computation of diluted earnings per share for the thirteen weeks ended May 5, 2018 as the inclusion of these awards would have been anti-dilutive.
Additionally, for the thirteen weeks ended May 4, 2019, approximately 0.3 million shares were excluded from the computation of diluted weighted average shares because the number of shares that will ultimately be issued is contingent on the Company’s performance compared to pre-established performance goals which have not been achieved as of May 4, 2019.