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Computation of Earnings per Common Share
 12 Months Ended
Feb. 02, 2013
Earnings Per Share [Abstract]  
Computation of Earnings per Common Share
Computation of Earnings per Common Share
The computation of basic and diluted earnings per share for 2012, 2011 and 2010 is as follows (in thousands, except per share data):
 
Fiscal Year Ended
 
February 2, 2013
 
January 28, 2012
 
January 29, 2011
Numerator:
 

 
 

 
 
(Loss) income from continuing operations, attributed to Staples, Inc.
$
(160,728
)
 
$
988,220

 
$
892,339

Loss from discontinued operations, net of income taxes
(49,978
)
 
(3,564
)
 
(10,391
)
(Loss) income attributed to Staples, Inc.
$
(210,706
)
 
$
984,656

 
$
881,948

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted-average common shares outstanding
669,479

 
694,986

 
715,596

Effect of dilutive securities:
 
 
 
 
 
Employee stock options, restricted shares and performance shares
—

 
9,033

 
10,624

Weighted-average common shares outstanding assuming dilution
669,479

 
704,019

 
726,220

 
 
 
 
 
 
Basic Earnings Per Common Share:
 
 
 
 
 
Continuing operations attributed to Staples, Inc.
$
(0.24
)
 
$
1.42

 
$
1.24

Discontinued operations attributed to Staples, Inc.
(0.07
)
 
—

 
(0.01
)
Net (loss) income attributed to Staples, Inc.
$
(0.31
)
 
$
1.42

 
$
1.23

 
 
 
 
 
 
Diluted Earnings Per Common Share:
 
 
 
 
 
Continuing operations attributed to Staples, Inc.
$
(0.24
)
 
$
1.40

 
$
1.22

Discontinued operations attributed to Staples, Inc.
(0.07
)
 
—

 
(0.01
)
Net (loss) income attributed to Staples, Inc.
$
(0.31
)
 
$
1.40

 
$
1.21


For 2012, approximately 58.6 million potentially dilutive equity instruments were excluded from the calculation of diluted earnings per share as the Company has recorded a net loss for that period. For 2011 and 2010, approximately 41.3 million and 13.3 million potentially dilutive equity instruments, respectively, were excluded from the calculation of diluted earnings per share as their inclusion would have been anti-dilutive.