Earnings per Share

6 Months Ended

Jul. 30, 2011

Earnings per Share [Abstract]

Earnings per Share

4.           Earnings per Share

Basic earnings per share is computed using the weighted average number of common shares outstanding during the measurement period.  Diluted earnings per share is computed using the weighted average number of common shares and all potentially dilutive common share equivalents outstanding during the measurement period.  The following table summarizes the components used to determine total diluted shares (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
Basic weighted average shares outstanding		34,236		38,359		35,258		38,316
Effect of dilutive securities:
Stock options, SARs and non-vested stock grants		399		228		467		364
Diluted weighted average shares outstanding		34,635		38,587		35,725		38,680

The following table illustrates the number of stock options and SARs that were outstanding, but not included in the computation of diluted earnings per share because the exercise price of the stock options and SARs was greater than the average market price of the Company’s common shares (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
Number of anti-dilutive stock options and SARs outstanding		1,801		3,221		1,787		2,933