Per Share Data

6 Months Ended

May 05, 2017

Earnings Per Share [Abstract]

Per Share Data

Per Share Data

Reconciliations of basic and diluted weighted-average shares of common stock outstanding are as follows:

	Three Months Ended		Six Months Ended
	May 5, 2017	April 29, 2016	May 5, 2017	April 29, 2016
(Shares in thousands)
Basic
Weighted-average number of shares of common stock	108,203	109,808	108,398	109,880
Assumed issuance of contingent shares	—	—	21	38
Weighted-average number of shares of common stock and assumed issuance of contingent shares	108,203	109,808	108,419	109,918
Diluted
Weighted-average number of shares of common stock and assumed issuance of contingent shares	108,203	109,808	108,419	109,918
Effect of dilutive securities	2,935	2,164	3,032	2,236
Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities	111,138	111,972	111,451	112,154

Shares and per share data have been adjusted for all periods presented to reflect a two-for-one stock split effective September 16, 2016.

Incremental shares from options and restricted stock units are computed by the treasury stock method. Options to purchase 509,805 and 556,634 shares of common stock during the second quarter of fiscal 2017 and 2016, respectively, were excluded from diluted net earnings per share because they were anti-dilutive. Options to purchase 404,096 and 491,504 shares of common stock during the first six months of fiscal 2017 and 2016, respectively, were excluded from diluted net earnings per share because they were anti-dilutive.