Earnings Per Share

6 Months Ended

Jul. 28, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Note D: Earnings Per Share

Basic Earnings Per Share ("EPS") is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net earnings by the sum of the weighted average number of common shares and dilutive common stock equivalents outstanding during the period. Diluted EPS reflects the total potential dilution that could occur from outstanding equity plan awards, including unexercised stock options, and unvested shares of both performance and non-performance based awards of restricted stock and restricted stock units.

For the three and six month periods ended July 28, 2012, 2,800 and 2,100 weighted average shares, respectively, were excluded from the calculation of diluted EPS because their effect would have been anti-dilutive in the period presented. For the three and six month periods ended July 30, 2011, 800 and 82,000 weighted average shares, respectively, were excluded from the calculation of diluted EPS because their effect would have been anti-dilutive in the period presented.

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted EPS computations:

	Three Months Ended							Six Months Ended
										Effect of
			Effect of							dilutive
			dilutive							common
			common stock			Diluted				stock			Diluted
Shares in (000s)	Basic EPS		equivalents			EPS		Basic EPS		equivalents			EPS
July 28, 2012
Shares		220,065		3,540			223,605		220,585		3,704			224,289
Amount	$	0.83	$	(0.02	)	$	0.81	$	1.77	$	(0.03	)	$	1.74
July 30, 2011
Shares		227,305		3,871			231,176		228,417		3,990			232,407
Amount	$	0.65	$	(0.01	)	$	0.64	$	1.41	$	(0.03	)	$	1.38