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Earnings Per Share
3 Months Ended
May 03, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share is computed under the provisions of Accounting Standards Codification (ASC) 260, Earnings Per Share. Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding, plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding restricted stock. The components of basic and diluted earnings per share were as follows (in thousands, except per share data):
 
 
 
Thirteen Weeks Ended
 
 
May 3,
2014
 
May 4,
2013
Numerator:
 
 
 
 
Net income
 
$
6,567

 
$
9,189

Denominator:
 
 
 
 
Weighted-average number of common shares (basic)
 
40,639

 
40,580

Dilutive effect of stock-based awards
 
86

 
44

Weighted-average number of common shares (diluted)
 
40,725

 
40,624

Earnings per share:
 
 
 
 
Basic
 
$
0.16

 
$
0.23

Diluted
 
$
0.16

 
$
0.23


As of May 3, 2014 and May 4, 2013, there were an immaterial number of additional shares issuable upon the vesting of restricted stock units that were excluded from the diluted share calculations because they were anti-dilutive.