XML 48 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Computation of Earnings per Common Share
 3 Months Ended
May 03, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Computation of Earnings per Common Share
 
The computation of basic and diluted earnings per share for the first quarter of 2014 and 2013 is as follows (in thousands, except per share data):
 
13 Weeks Ended
 
May 3, 2014
 
May 4, 2013
Numerator:
 

 
 

Income from continuing operations
$
96,210

 
$
170,421

Loss from discontinued operations
—

 
(494
)
Net income
96,210

 
169,927

 
 
 
 
Denominator:
 
 
 
Weighted-average common shares outstanding
643,492

 
655,970

Effect of dilutive securities:
 
 
 
Employee stock options and restricted shares
5,700

 
8,114

Weighted-average common shares outstanding assuming dilution
649,192

 
664,084

 
 
 
 
Basic Earnings Per Common Share:
 
 
 
Continuing operations
$
0.15

 
$
0.26

Discontinued operations
—

 
—

Net income
$
0.15

 
$
0.26

 
 
 
 
Diluted Earnings Per Common Share:
 
 
 
Continuing operations
$
0.15

 
$
0.26

Discontinued operations
—

 
—

Net income
$
0.15

 
$
0.26


 
For the first quarter of 2014 and 2013, approximately 33.4 million and 39.1 million equity instruments, respectively, were excluded from the calculation of diluted earnings per share as their inclusion would have been anti-dilutive.