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Earnings Per Share
9 Months Ended
Oct. 28, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
The computation of basic and diluted earnings per common share was as follows:
 
Three Months Ended
 
Nine Months Ended
(in thousands, except per share amounts)
October 28,
2012
 
October 30,
2011
 
October 28,
2012
 
October 30,
2011
Net income
$
16,590

 
$
26,979

 
$
28,821

 
$
76,699

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
65,996

 
65,440

 
65,622

 
65,180

Dilutive effect of employee equity incentive plans
1,469

 
1,874

 
1,684

 
2,359

Weighted average common shares outstanding - diluted
67,465

 
67,314

 
67,306

 
67,539

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.25

 
$
0.41

 
$
0.44

 
$
1.18

Diluted earnings per common share
$
0.25

 
$
0.40

 
$
0.43

 
$
1.14

 
 
 
 
 
 
 
 
Anti-dilutive shares not included in the above calculations
1,053

 
708

 
1,163

 
662


Basic earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings per common share incorporates the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of stock options and the vesting of restricted stock.