Earnings Per Share

3 Months Ended

Apr. 30, 2011

Earnings Per Share

Earnings Per Share

Note D: Earnings Per Share

Basic Earnings Per Share ("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.

For the three month period ended April 30, 2011 no shares were anti-dilutive. For the three month period ended May 1, 2010, approximately 82,400 weighted average shares were excluded from the calculation of diluted EPS because their effect would have been anti-dilutive in the period presented.

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted EPS computations:

	Three Months Ended
			Effect of
			dilutive
			common
	Basic		stock			Diluted
Shares in (000s)	EPS		equivalents			EPS
April 30, 2011
Shares		114,764		2,009			116,773
Amount	$	1.51	$	(0.03	)	$	1.48
May 1, 2010
Shares		119,829		2,503			122,332
Amount	$	1.19	$	(0.03	)	$	1.16