EARNINGS PER SHARE

6 Months Ended

Jan. 28, 2012

EARNINGS PER SHARE

EARNINGS PER SHARE

5.             EARNINGS PER SHARE

Following is a reconciliation of the basic and diluted number of shares used in computing earnings per share:

	Three months ended		Six months ended
(In thousands)	January 28, 2012	January 29, 2011	January 28, 2012	January 29, 2011
Basic weighted average shares outstanding	48,774	48,232	48,665	46,508
Net effect of dilutive stock awards based upon the treasury stock method	245	306	268	311
Diluted weighted average shares outstanding	49,019	48,538	48,933	46,819

There were 168,392 and 113,510 anti-dilutive share-based payment awards outstanding for the three months ended January 28, 2012 and January 29, 2011, respectively.  For the six months ended January 28, 2012 and January 29, 2011, there were 168,392 and 298,283 anti-dilutive stock awards outstanding, respectively.  These anti-dilutive share-based payment awards were excluded from the calculation of diluted earnings per share.