Earnings Per Share Data

3 Months Ended

Apr. 30, 2011

Earnings Per Share Data

Earnings Per Share Data

Note 5.         Earnings Per Share Data

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data).

	Three Months Ended
	April 30,		May 1,
	2011		2010
Basic:
Net income	$	76,677	$	48,834
Weighted average shares of common stock outstanding	57,463		72,295
Basic earnings per share	$	1.33	$	0.68

	Three Months Ended
	April 30,		May 1,
	2011		2010
Diluted:
Net income	$	76,677	$	48,834
Weighted average shares of common stock outstanding	57,463		72,295
Dilutive effect of stock-based compensation	1,069		—
Total weighted average equivalent shares	58,532		72,295
Diluted earnings per share	$	1.31	$	0.68

Total stock options outstanding were 2,985,310 and 4,029,369 at April 30, 2011 and May 1, 2010, respectively.  Of these, options to purchase 4,029,369 shares of Class A common stock at prices ranging from $24.73 to $26.57 per share were outstanding at May 1, 2010 but were not included in the computation of diluted earnings per share because the effect of their inclusion would be antidilutive.