Earnings Per Share Data

3 Months Ended

May 04, 2013

Earnings Per Share Data

Earnings Per Share Data

Note 5. Earnings Per Share Data

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data).

	Three Months Ended
	May 4,		April 28,
	2013		2012
Basic:
Net income	$	117,210	$	94,983
Weighted average shares of common stock outstanding	46,936		49,380
Basic earnings per share	$	2.50	$	1.92

	Three Months Ended
	May 4,		April 28,
	2013		2012
Diluted:
Net income	$	117,210	$	94,983
Weighted average shares of common stock outstanding	46,936		49,380
Dilutive effect of stock-based compensation	—		930
Total weighted average equivalent shares	46,936		50,310
Diluted earnings per share	$	2.50	$	1.89

No stock options were outstanding at May 4, 2013, and total stock options outstanding were 2,145,000 at April 28, 2012.