3.	Equity

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 effects to unvested shares of restricted stock and the exercise of stock options using the treasury stock method.

Earnings per Share

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 nine months ended
(in thousands)	October 29, 2011		October 30, 2010		October 29, 2011		October 30, 2010
Common Stock Outstanding
Basic weighted average common shares outstanding		47,533		47,041		47,385		46,895
Common Stock Equivalents –Stock options and restricted stock, excludes anti-dilutive options of 645 shares for the three months ended October 29, 2011		—		507		735		540

Diluted weighted average common shares Outstanding		47,533		47,548		48,120		47,435

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 nine months ended
(in thousands, except exercise prices)	October 29, 2011		October 30, 2010		October 29, 2011		October 30, 2010
Options		2,743		3,273		2,588		3,273

Range of exercise prices of such options	$	3.98 - $10.26	$	3.88 - $10.26	$	4.14 - $10.26	$	3.88 - $10.26

The above options, which were outstanding at October 29, 2011, expire from May 1, 2012 to August 31, 2021.