Earnings Per Share

6 Months Ended

Jul. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

7.           Earnings Per Share

Basic earnings per share represents net earnings divided by the weighted-average number of common shares outstanding for the period.  Diluted earnings per share represents net earnings divided by the weighted-average number of shares outstanding, inclusive of the dilutive impact of common equivalent shares outstanding during the period using the treasury stock method.  The following table sets forth the weighted average common shares outstanding (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	July 30,		July 31,		July 30,		July 31,
	2011		2010		2011		2010
Weighted-average shares used in basic computations		27,267		28,786		27,356		28,768
Dilutive equity awards		537		603		533		609
Weighted-average shares used in diluted computations		27,804		29,389		27,889		29,377

For the thirteen and twenty-six weeks ended July 30, 2011, no options were excluded from the computation of diluted weighted-average common shares and common share equivalents outstanding because of an anti-dilutive effect.  For the thirteen and twenty-six weeks ended July 31, 2010, options for 117,855 and 325,754, respectively, of our shares were outstanding but were excluded from the computation of diluted weighted-average common shares and common share equivalents outstanding because their effect would have been anti-dilutive.

We excluded 137,800 nonvested stock awards granted to certain employees from the computation of diluted weighted-average common shares and common share equivalents outstanding, because they are subject to certain performance-based annual vesting conditions which had not been achieved by July 30, 2011.  Assuming the performance-criteria had been achieved as of July 30, 2011, the incremental dilutive impact would have been 66,812 shares.