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Earnings Per Share
9 Months Ended
Nov. 02, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The Company computes and reports both basic earnings per share ("EPS") and diluted EPS. Basic EPS is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net earnings by the sum of the weighted average number of common shares and dilutive common stock equivalents outstanding during the period. Diluted EPS reflects the total potential dilution that could occur from outstanding equity plan awards, including unexercised stock options, and unvested shares of both performance and non-performance based awards of restricted stock and restricted stock units.

For the three and nine month periods ended November 2, 2013, 1,100 shares and 2,300 weighted average shares were excluded from the calculation of diluted EPS because their effect would have been anti-dilutive in the period presented. For the three and nine month periods ended October 27, 2012, 7,700 and 35,200 weighted average shares, respectively, were excluded from the calculation of diluted EPS because their effect would have been anti-dilutive in the periods presented.

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted EPS computations:
 
Three Months Ended
 
 
Nine Months Ended
Shares in (000s)
Basic EPS

 
Effect of
dilutive
common stock
equivalents

 
Diluted
EPS

 
 
Basic EPS

 
Effect of
dilutive
common
stock
equivalents

 
Diluted
EPS

November 2, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Shares
211,986

 
2,817

 
214,803

 
 
213,743

 
2,919

 
216,662

Amount
$
0.81

 
$
(0.01
)
 
$
0.80

 
 
$
2.90

 
$
(0.04
)
 
$
2.86

 
 
 
 
 
 
 
 
 
 
 
 
 
October 27, 2012
 
 
 
 
 
 
 
 
 
 
 
 
     Shares
218,583

 
3,602

 
222,185

 
 
219,917

 
3,679

 
223,596

     Amount
$
0.73

 
$
(0.01
)
 
$
0.72

 
 
$
2.50

 
$
(0.04
)
 
$
2.46