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Earnings Per Share
9 Months Ended
Oct. 27, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
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 nine month periods ended October 27, 2012, approximately 7,700 and 35,200 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 nine month periods ended October 29, 2011, approximately 800 and 2,600 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
 
 
Nine Months Ended
Shares in (000s)
Basic EPS

 
Effect of
dilutive
common stock
equivalents

 
Diluted
EPS

 
 
Basic EPS

 
Effect of
dilutive
common
stock
equivalents

 
Diluted
EPS

October 27, 2012
 
 
 
 
 
 
 
 
 
 
 
 
Shares
218,583

 
3,602

 
222,185

 
 
219,917

 
3,679

 
223,596

Amount
$
0.73

 
$
(0.01
)
 
$
0.72

 
 
$
2.50

 
$
(0.04
)
 
$
2.46

 
 
 
 
 
 
 
 
 
 
 
 
 
October 29, 2011
 
 
 
 
 
 
 
 
 
 
 
 
     Shares
224,540

 
3,920

 
228,460

 
 
227,125

 
3,980

 
231,105

     Amount
$
0.64

 
$
(0.01
)
 
$
0.63

 
 
$
2.05

 
$
(0.04
)
 
$
2.01