3.	Equity

Earnings per Share

Basic earnings per share are computed by dividing net income by the weighted average number of shares of common stock outstanding during the respective period. Diluted earnings per share is determined by giving effect to unvested shares of restricted stock and the exercise of stock options using the treasury stock method.

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:


	For the three months ended				For the six months ended
	July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
(in thousands)
Common Stock Outstanding
Basic weighted average common shares outstanding		47,476		46,983		47,311		46,821
Common Stock Equivalents -Stock options and restricted stock		673		511		786		563

Diluted weighted average common shares Outstanding		48,149		47,494		48,097		47,384

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period, because the exercise price of such options was greater than the average market price per share of common stock for the respective periods.

	For the three months ended				For the six months ended
	July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
(in thousands, except exercise prices)
Options		2,616		3,289		2,528		3,289

Range of exercise prices of such options	$	4.19 - $10.26	$	3.88 - $10.26	$	4.30 - $10.26	$	3.88 - $10.26

The above options, which were outstanding at July 30, 2011, expire from July 31, 2011 to May 31, 2021.