XML 76 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
12 Months Ended
Feb. 01, 2014
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  
 
  2013   2012   2011  

Numerator

                   

Total net earnings attributable to common shareholders

  $ 83,791   $ 131,716   $ 120,601  

Net earnings allocated to participating securities (restricted stock and deferred stock units)

    (442 )   (1,559 )   (1,479 )
               

Net earnings attributable to common shareholders

  $ 83,349   $ 130,157   $ 119,122  
               
               

Denominator

                   

Basic weighted-average common shares outstanding

    48,849     50,793     51,423  

Dilutive effect of share-based awards

    313     233     269  
               

Diluted weighted-average common shares outstanding

    49,162     51,026     51,692  
               
               

Net earnings per common share attributable to common shareholders:

                   

Basic

  $ 1.71   $ 2.56   $ 2.32  
               
               

Diluted

  $ 1.70   $ 2.55   $ 2.30  
               
               

For fiscal 2013, 2012, and 2011, 0.2, 0.3 and 0.4 million anti-dilutive shares of common stock were excluded from the calculation of diluted earnings per common share attributable to common shareholders, respectively.