Earnings Per Share EPS
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Aug. 02, 2014
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Earnings Per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share EPS | Earnings Per Share ("EPS") Basic EPS is computed by dividing income attributable to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution if securities or other obligations to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock sharing in our earnings. The following is a reconciliation of the income and common share amounts used in the calculation of basic and diluted EPS for the three months ended August 2, 2014 and July 27, 2013:
Options outstanding to purchase 1,455 shares of common stock with a weighted average exercise price of $18.51 for the three months ended August 2, 2014 and 2,267 shares of common stock with a weighted average exercise price of $16.04 for the three months ended July 27, 2013 were not included in the computation of diluted earnings per share because the effects would be anti-dilutive. |