Earnings per Share

3 Months Ended

Apr. 28, 2012

Earnings per Share

Earnings per Share

2.  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 condensed 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 condensed consolidated statement of earnings and the accompanying notes.

	For the Quarter Ended
	April 28, 2012			April 30, 2011
Numerator
Total net earnings attributable to common shareholders	$	26,884		$	27,425
Net earnings allocated to participating securities (restricted stock and deferred stock units)	(426		)	(294		)
Net earnings attributable to common shareholders	$	26,458		$	27,131
Denominator
Basic weighted average common shares outstanding	50,932			51,918
Effect of dilutive securities:
Stock options and equity-based compensation	305			279
Diluted weighted average common shares outstanding	51,237			52,197
Net earnings per common share attributable to common shareholders:
Basic	$	0.52		$	0.52
Diluted	$	0.52		$	0.52

For the quarters ended April 28, 2012 and April 30, 2011, 0.2 million and 0.5 million anti-dilutive stock options were excluded from the calculation of diluted earnings per common share attributable to common shareholders, respectively.