Dick's Sporting Goods 2015 Annual Report Download - page 63

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12. Earnings per Common Share
The computations for basic and diluted earnings per common share are as follows (in thousands, except per share data):
Fiscal Year Ended
2015 2014 2013
Earnings per common share€- Basic:
Net income $330,391 $344,198 $337,598
Weighted average common shares outstanding - basic 115,230 119,244 122,878
Earnings per common share $2.87 $2.89 $2.75
Earnings per common share€- Diluted:
Net income $330,391 $344,198 $337,598
Weighted average common shares outstanding€- basic 115,230 119,244 122,878
Dilutive effect of stock-based awards 1,564 1,994 2,750
Weighted average common shares outstanding€- diluted 116,794 121,238 125,628
Earnings per common share $2.83 $2.84 $2.69
Anti-dilutive stock-based awards excluded from diluted calculation 1,449 1,334 899
DICK'S SPORTING GOODS,€INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
13. Retirement Savings Plans
The Company's retirement savings plan, established pursuant to Section€401(k) of the Internal Revenue Code, covers regular
status full-time hourly and salaried employees as of their date of hire and part-time regular employees who have worked 1,000
hours€or more in a year. Employees must be 21 years of age to participate. Under the terms of the retirement savings plan, the
Company may make a discretionary matching contribution equal to a percentage of each participant's contribution, up to 10%
of the participant's compensation. The Company's discretionary matching contribution percentage is typically 50%. Total
employer contributions recorded under the plan, net of forfeitures, was $7.0 million, $6.1 million and $6.4 million for fiscal
2015, 2014 and 2013, respectively.
The Company also has non-qualified deferred compensation plans for highly compensated employees whose contributions are
limited under qualified defined contribution plans. Amounts contributed and deferred under the deferred compensation plans
are credited or charged with the performance of investment options offered under the plans and elected by the participants. In
the event of bankruptcy, the assets of these plans are available to satisfy the claims of general creditors. The liability for
compensation deferred under the Company's plans was $53.0 million and $52.2 million as of January€30, 2016 and January€31,
2015, respectively, and is included within long-term liabilities on the Consolidated Balance Sheets. Total employer
contributions recorded under these plans, net of forfeitures, was $2.0 million, $1.5 million and $1.0 million for fiscal 2015,
2014 and 2013, respectively.
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