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Earnings Per Share
3 Months Ended
May 04, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
6.            Earnings Per Share

The computation of basic earnings per share (EPS) is based on the number of weighted average common shares outstanding during the period.  The computation of diluted EPS is based on the weighted average number of shares outstanding plus the incremental shares that would be outstanding assuming exercise of dilutive stock options and issuance of restricted stock.  The number of incremental shares is calculated by applying the treasury stock method.  The following table sets forth the weighted average common shares outstanding (in thousands):


 
Thirteen Weeks Ended
 
 
May 4, 2013
  
April 28, 2012
 
Weighted-average shares used in basic computations
  
25,906
   
26,349
 
Dilutive equity awards
  
422
   
549
 
Weighted-average shares used in diluted computations
  
26,328
   
26,898
 


For the thirteen weeks ended May 4, 2013 and April 28, 2012, no options were excluded from the computation of diluted weighted-average common shares and common share equivalents outstanding because of an anti-dilutive effect.  We excluded 79,400 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 May 4, 2013.  Assuming the performance-criteria had been achieved as of May 4, 2013, the incremental dilutive impact would have been 19,902 shares.