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Earnings Per Share
6 Months Ended
Jul. 28, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic earnings per share (“EPS”) is calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS is calculated by dividing net income by the diluted weighted average common shares, which reflects the potential dilution of common stock equivalents. The weighted average shares used to calculate basic and diluted EPS are as follows:
 
Three Months Ended
 
Six Months Ended
 
July 30, 2011
 
July 28, 2012
 
July 30, 2011
 
July 28, 2012
 
(In thousands)
Weighted average shares outstanding for basic EPS
27,749

 
27,885

 
27,686

 
27,858

Dilutive effect of common stock equivalents
209

 
119

 
258

 
142

Weighted average shares outstanding for diluted EPS
27,958

 
28,004

 
27,944

 
28,000



We use the treasury method for calculating the dilutive effect of common stock equivalents. For the second quarter and the first six months of fiscal years 2011 and 2012, there were no anti-dilutive common stock equivalents.