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EARNINGS PER SHARE
3 Months Ended
Oct. 29, 2011
EARNINGS PER SHARE  
EARNINGS PER SHARE

5.                                      EARNINGS PER SHARE

 

Following is a reconciliation of the basic and diluted number of shares used in computing earnings per share:

 

 

 

Three months ended

 

(In thousands)

 

October 29,
2011

 

October 30,
2010

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

48,594

 

44,771

 

 

 

 

 

 

 

Net effect of dilutive stock awards based upon the treasury stock method

 

295

 

330

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

48,889

 

45,101

 

 

There were 78,627 and 303,847 anti-dilutive share-based payment awards outstanding for the three months ended October 29, 2011 and October 30, 2010, respectively.  These anti-dilutive share-based payment awards were excluded from the calculation of diluted earnings per share.