Net Income Per Share

3 Months Ended

Aug. 02, 2015

11. Net Income Per Share

Basic net income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net income per share follows:


	Three months ended
(amounts in thousands)	August 2, 2015		August 3, 2014
Weighted average common shares outstanding, basic		12,277		12,212
Dilutive effect of stock-based compensation		179		192
Weighted average common shares outstanding, diluted		12,456		12,404

All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended August 2, 2015 and August 3, 2014, as the exercise price of the options was less than the average market price of the common shares.