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Per Share Data
9 Months Ended
Aug. 02, 2013
Per Share Data  
Per Share Data

Per Share Data

 

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

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

August 2,

 

August 3,

 

August 2,

 

August 3,

 

(Shares in thousands)

 

2013

 

2012

 

2013

 

2012

 

Basic

 

 

 

 

 

 

 

 

 

Weighted-average number of shares of common stock

 

57,653

 

59,045

 

58,059

 

59,633

 

Assumed issuance of contingent shares

 

 

 

32

 

9

 

Weighted-average number of shares of common stock and assumed issuance of contingent shares

 

57,653

 

59,045

 

58,091

 

59,642

 

Diluted

 

 

 

 

 

 

 

 

 

Weighted-average number of shares of common stock and assumed issuance of contingent shares

 

57,653

 

59,045

 

58,091

 

59,642

 

Effect of dilutive securities

 

1,260

 

1,291

 

1,175

 

1,187

 

Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities

 

58,913

 

60,336

 

59,266

 

60,829

 

 

Options to purchase an aggregate of 204,461 and 2,247 shares of common stock outstanding during the third quarter of fiscal 2013 and 2012, respectively, were excluded from the diluted net earnings per share. Options to purchase an aggregate of 328,703 and 32,414 shares of common stock outstanding during the year-to-date periods through the third quarter of fiscal 2013 and 2012, respectively, were excluded from the diluted net earnings per share calculations. These exclusions are made if the exercise prices of these options are greater than the average market price of the company’s common stock for the period, if the number of shares the company can repurchase under the treasury stock method exceeds the weighted average shares outstanding in the options, or if the company has a net loss, as the effects are anti-dilutive.