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Earnings Per Share
6 Months Ended
Aug. 03, 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 related to common stock equivalents. The weighted average shares used to calculate basic and diluted EPS are as follows:
 
Three Months Ended
 
Six Months Ended
 
July 28, 2012
 
August 3, 2013
 
July 28, 2012
 
August 3, 2013
 
(In thousands)
 
(In thousands)
Weighted average shares outstanding for basic EPS
27,885

 
27,981

 
27,858

 
27,973

Dilutive effect of common stock equivalents
119

 
69

 
142

 
76

Weighted average shares outstanding for diluted EPS
28,004

 
28,050

 
28,000

 
28,049



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 2012 and 2013, there were no anti-dilutive common stock equivalents.