

	For the Three Months Ended					For the Three Months Ended
						(As restated)
	August 3, 2013					July 28, 2012
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)			Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	8,465				$	10,009

Less: Preferred stock dividends and income from participating securities	—					(320		)

Basic EPS from continuing operations
Income available to
common shareholders	8,465		23,274	$	0.36	9,689			23,743	$	.41

Effect of Dilutive Securities from continuing operations

Plus: Income from participating securities	—					2
Options/Restricted Stock			203						124
Convertible preferred stock⁽¹⁾	—		—			—			—
Employees' preferred stock⁽²⁾			46						48

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	8,465	23,523	$	0.36	$	9,691		23,915	$	.41

(1)


(2)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the second quarter ended August 3, 2013 and July 28, 2012.

Note 9

Earnings Per Share, Continued



	For the Six Months Ended						For the Six Months Ended
							(As restated)
	August 3, 2013						July 28, 2012
(In thousands, except per share amounts)	Income (Numerator)			Shares (Denominator)	Per Share Amount		Income (Numerator)			Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	22,974					$	31,763

Less: Preferred stock dividends and income from participating securities	(33		)				(1,059		)

Basic EPS from continuing operations
Income available to
common shareholders	22,941			23,284	$	0.99	30,704			23,652	$	1.30

Effect of Dilutive Securities from continuing operations

Plus: Income from participating securities	—						9
Options/Restricted Stock				297						157
Convertible preferred stock⁽¹⁾	—			—			21			18
Employees' preferred stock⁽²⁾				46						48

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	22,941		23,627	$	0.97	$	30,734		23,875	$	1.29

(1)

As a result of the Company issuing a notice of mandatory redemption to the holders of Series 1, 3 and 4 preferred stock in the first quarter of Fiscal 2014, there were no remaining convertible preferred stock of that series outstanding as of August 3, 2013. Therefore, convertible preferred stocks were not included in diluted earnings per share for the six months ended August 3, 2013. The amount of the dividend on the convertible preferred stock per common share obtainable on conversion of the convertible preferred stock was less than basic earnings per share for Series 3 preferred stock for the six months ended July 28, 2012. Therefore, conversion of Series 3 preferred shares was included in diluted earnings per share for the six months ended July 28, 2012. The amount of the dividend on the convertible preferred stock per common share obtainable on conversion of the convertible preferred stock was higher than basic earnings per share for Series 1 and 4 preferred stocks for the six months ended July 28, 2012. Therefore, conversion of the Series 1 and 4 convertible preferred stocks for the six months ended July 28, 2012 were not reflected in diluted earnings per share because it would have been antidilutive.


(2)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the six months ended August 3, 2013 and July 28, 2012.