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Earnings Per Share
9 Months Ended
Oct. 27, 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
 
Nine Months Ended
(in thousands, except per share amounts)
October 27,
2013
 
October 28,
2012
 
October 27,
2013
 
October 28,
2012
Net income
$
12,453

 
$
16,590

 
$
46,342

 
$
28,821

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
67,792

 
65,996

 
67,454

 
65,622

Dilutive effect of employee equity incentive plans
1,079

 
1,469

 
1,365

 
1,684

Weighted average common shares outstanding - diluted
68,871

 
67,465

 
68,819

 
67,306

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.18

 
$
0.25

 
$
0.69

 
$
0.44

Diluted earnings per common share
$
0.18

 
$
0.25

 
$
0.67

 
$
0.43

 
 
 
 
 
 
 
 
Anti-dilutive shares not included in the above calculations
598

 
1,053

 
456

 
1,163


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.