XML 57 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
3 Months Ended
May 04, 2013
Earnings per Share  
Earnings per Share

2.  Earnings per Share

 

Basic earnings per common share attributable to common shareholders is determined using the two-class method and is computed by dividing net earnings attributable to common shareholders by the weighted-average common shares outstanding during the period.  Diluted earnings per common share attributable to common shareholders reflects the more dilutive earnings per common share amount calculated using the treasury stock method or the two-class method.

 

The following table sets forth the computation of basic and diluted earnings per common share attributable to common shareholders (in thousands, except per share amounts). Basic and diluted earnings per common share attributable to common shareholders are computed using the actual net earnings available to common shareholders and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our condensed consolidated statement of earnings and the accompanying notes.  As a result, it may not be possible to recalculate earnings per common share attributable to common shareholders in our condensed consolidated statement of earnings and the accompanying notes.

 

 

 

For the Quarter Ended

 

 

 

May 4,
2013

 

April 28,
2012

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

Total net earnings attributable to common shareholders

 

$

33,091

 

$

26,884

 

Net earnings allocated to participating securities

 

(312

)

(426

)

Net earnings attributable to common shareholders

 

$

32,779

 

$

26,458

 

Denominator

 

 

 

 

 

Basic weighted-average common shares outstanding

 

50,607

 

50,932

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and equity-based compensation

 

181

 

305

 

Diluted weighted-average common shares outstanding

 

50,788

 

51,237

 

Net earnings per common share attributable to common shareholders:

 

 

 

 

 

Basic

 

$

0.65

 

$

0.52

 

Diluted

 

$

0.65

 

$

0.52

 

 

For the quarters ended May 4, 2013 and April 28, 2012, 0.3 million and 0.2 million anti-dilutive shares of common stock were excluded from the calculation of diluted earnings per common share attributable to common shareholders, respectively.