Earnings Per Share

3 Months Ended

May 03, 2014

Earnings Per Share [Abstract]

Earnings Per Share

6.Earnings Per Share

The computation of basic earnings per share (EPS) is based on the number of weighted average common shares outstanding during the period.  The computation of diluted EPS is based on the weighted average number of shares outstanding plus the incremental shares that would be outstanding assuming exercise of dilutive stock options and issuance of restricted stock.  The number of incremental shares is calculated by applying the treasury stock method.  The following table sets forth the weighted average common shares outstanding (in thousands):

	Thirteen Weeks Ended
	May 3, 2014		May 4, 2013
Weighted-average shares used in basic computations		25,846		25,906
Dilutive equity awards		285		422
Weighted-average shares used in diluted computations		26,131		26,328

For the thirteen weeks ended weeks ended May 3, 2014 and May 4, 2013, no options were excluded from the computation of diluted weighted-average common shares and common share equivalents outstanding because of their anti-dilutive effect.

We excluded 47,340 nonvested stock awards granted to certain employees from the computation of diluted weighted-average common shares and common share equivalents outstanding because they are subject to certain performance-based annual vesting conditions which had not been achieved by May 3, 2014.  Assuming the performance-criteria had been achieved as of May 3, 2014, the incremental dilutive impact would have been 16,618 shares.