XML 39 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
3 Months Ended
Apr. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
The computation of basic and diluted earnings per common share is as follows:
 
Three Months Ended
(in thousands, except per share amounts)
April 28,
2013
 
April 29,
2012
Net income
$
14,777

 
$
2,209

 
 
 
 
Weighted average common shares outstanding - basic
66,956

 
65,282

Dilutive effect of employee equity incentive plans
1,623

 
1,951

Weighted average common shares outstanding - diluted
68,579

 
67,233

 
 
 
 
Basic earnings per common share
$
0.22

 
$
0.03

Diluted earnings per common share
$
0.22

 
$
0.03

 
 
 
 
Anti-dilutive shares not included in the above calculations
318

 
657


Basic earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings per common share incorporates the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of stock options and the vesting of restricted stock.