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Earnings Per Share (EPS)
9 Months Ended
Oct. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share (EPS)

Note 2—Earnings Per Share (EPS):

Basic EPS is computed by dividing net income by the basic weighted-average number of shares outstanding. Diluted EPS is computed similarly to basic EPS, except the weighted-average number of shares outstanding is increased to include the dilutive effect of outstanding stock options and other stock-based awards.

A reconciliation of the weighted-average number of shares outstanding used to compute basic and diluted EPS was:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 30,

2015

 

 

October 31,

2014

 

 

October 30,

2015

 

 

October 31,

2014

 

 

 

(in millions)

 

Basic weighted-average number of shares outstanding

 

 

46.0

 

 

 

46.5

 

 

 

45.9

 

 

 

47.4

 

Dilutive common share equivalents - stock options and other stock-based awards

 

 

1.4

 

 

 

1.7

 

 

 

1.6

 

 

 

1.4

 

Diluted weighted-average number of shares outstanding

 

 

47.4

 

 

 

48.2

 

 

 

47.5

 

 

 

48.8

 

 

The following stock-based awards were excluded from the weighted-average number of shares outstanding used to compute diluted EPS:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 30,

2015

 

 

October 31,

2014

 

 

October 30,

2015

 

 

October 31,

2014

 

 

 

(in millions)

 

Antidilutive stock options excluded

 

 

0.3

 

 

 

-

 

 

 

0.3

 

 

 

0.4