Earnings per share

12 Months Ended

Feb. 01, 2013

Earnings per share

Earnings per share

4. Earnings per share

        Earnings per share is computed as follows (in thousands except per share data):

	2012
	Net Income		Weighted Average Shares		Per Share Amount
Basic earnings per share	$	952,662		332,254	$	2.87
Effect of dilutive share-based awards				2,215
Diluted earnings per share	$	952,662		334,469	$	2.85

	2011
	Net Income		Weighted Average Shares		Per Share Amount
Basic earnings per share	$	766,685		341,234	$	2.25
Effect of dilutive share-based awards				3,883
Diluted earnings per share	$	766,685		345,117	$	2.22

	2010
	Net Income		Weighted Average Shares		Per Share Amount
Basic earnings per share	$	627,857		341,047	$	1.84
Effect of dilutive share-based awards				3,753
Diluted earnings per share	$	627,857		344,800	$	1.82

        Basic earnings per share was computed by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per share was determined based on the dilutive effect of share-based awards using the treasury stock method.

        Options to purchase shares of common stock that were outstanding at the end of the respective periods, but were not included in the computation of diluted earnings per share because the effect of exercising such options would be antidilutive, were 0.8 million, zero and 0.4 million in 2012, 2011 and 2010, respectively.