Earnings Per Share

9 Months Ended

Nov. 02, 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		Nine Months Ended
	October 27, 2012	November 2, 2013	October 27, 2012	November 2, 2013
	(In thousands)		(In thousands)
Weighted average shares outstanding for basic EPS	27,933	27,988	27,883	27,978
Dilutive effect of common stock equivalents	84	66	122	72
Weighted average shares outstanding for diluted EPS	28,017	28,054	28,005	28,050

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