EARNINGS PER SHARE

12 Months Ended

Feb. 02, 2013

EARNINGS PER SHARE

EARNINGS PER SHARE

3.     EARNINGS PER SHARE

Basic earnings per common share attributable to common shareholders is determined using the two-class method and is computed by dividing net earnings attributable to common shareholders by the weighted-average common shares outstanding during the period. Diluted earnings per common share attributable to common shareholders reflects the more dilutive earnings per common share amount calculated using the treasury stock method or the two-class method.

The following table sets forth the computation of basic and diluted earnings per common share attributable to common shareholders (in thousands, except per share amounts). Basic and diluted earnings per common share attributable to common shareholders are computed using the actual net earnings available to common shareholders and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our consolidated statement of earnings and the accompanying notes. As a result, it may not be possible to recalculate earnings per common share attributable to common shareholders in our consolidated statement of earnings and the accompanying notes.

	Fiscal Year
	2012			2011			2010
Numerator
Total net earnings attributable to common shareholders	$	131,716		$	120,601		$	67,697
Net earnings allocated to participating securities (restricted stock and deferred stock units)		(1,559	)		(1,479	)		(624	)
Net earnings attributable to common shareholders	$	130,157		$	119,122		$	67,073
Denominator
Basic weighted average common shares outstanding		50,793			51,423			52,647
Effect of dilutive securities:
Stock options and equity-based compensation		233			269			206
Diluted weighted average common shares outstanding		51,026			51,692			52,853
Net earnings per common share attributable to common shareholders:
Basic	$	2.56		$	2.32		$	1.27
Diluted	$	2.55		$	2.30		$	1.27

For fiscal 2012, 2011, and 2010, 0.3, 0.4 and 0.8 million anti-dilutive stock options were excluded from the calculation of diluted earnings per common share attributable to common shareholders, respectively.