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Earnings Per Share
3 Months Ended
May 04, 2013
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
 
April 28, 2012
 
May 4, 2013
 
(In thousands)
Weighted average shares outstanding for basic EPS
27,831

 
27,965

Dilutive effect of common stock equivalents
164

 
82

Weighted average shares outstanding for diluted EPS
27,995

 
28,047



We use the treasury method for calculating the dilutive effect of common stock equivalents. For the first quarter of fiscal years 2012 and 2013, there were no anti-dilutive common stock equivalents.