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Earnings per Share
12 Months Ended
Feb. 02, 2013
Earnings per Share
5. Earnings per Share

The following is a reconciliation between basic and diluted weighted average shares outstanding:

 

     For the Years Ended  
(In thousands, except per share amounts)    February 2,
2013
     January 28,
2012
     January 29,
2011
 

Weighted average common shares outstanding:

        

Basic number of common shares outstanding

     196,211         194,445         199,979   

Dilutive effect of stock options and non-vested restricted stock

     4,454         1,869         1,839   
  

 

 

    

 

 

    

 

 

 

Dilutive number of common shares outstanding

     200,665         196,314         201,818   
  

 

 

    

 

 

    

 

 

 

Equity awards to purchase approximately 1.5 million, 7.2 million and 7.9 million shares of common stock during the Fiscal 2012, Fiscal 2011 and Fiscal 2010, respectively, were outstanding, but were not included in the computation of weighted average diluted common share amounts as the effect of doing so would have been anti-dilutive.

Additionally, for Fiscal 2011 and Fiscal 2010, approximately 1.9 million and 0.7 million shares, respectively, of performance-based restricted stock awards were not included in the computation of weighted average diluted common share amounts because the number of shares ultimately issued is contingent on the Company’s performance compared to pre-established performance goals. For Fiscal 2012, there were no performance-based restricted stock awards excluded in the computation of weighted average diluted common share amounts as they are probable of vesting.

Refer to Note 12 to the Consolidated Financial Statements for additional information regarding share-based compensation.