Earnings Per Share

3 Months Ended

Feb. 01, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Note 7 Earnings Per Share

Basic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding. Diluted net income per share is computed similarly to basic net income per share except that the denominator is increased to include the number of additional shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. For the three months ended February 1, 2014 and February 2, 2013, options to purchase 18,750 and 54,150 shares, respectively, have been excluded from the computation of potentially dilutive securities as the effect on earnings per share is antidilutive.