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<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 5 - us-gaap:EarningsPerShareTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>5. Earnings per Share</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">ASC 260-10-45, <i>Participating Securities and the Two-Class Method </i>(“ASC 260-10-45”), addresses
whether awards granted in unvested share-based payment transactions that contain non-forfeitable
rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities
and therefore are included in computing earnings per share under the two-class method, as described
in ASC 260, <i>Earnings Per Share </i>(“ASC 260”). Participating securities are securities that may
participate in dividends with common stock and the two-class method is an earnings allocation
formula that treats a participating security as having rights to earnings that would otherwise have
been available to common shareholders. Under the two-class method, earnings for the period are
allocated between common shareholders and other shareholders, based on their respective rights to
receive dividends. Restricted stock awards granted to certain employees under the Company’s 2005
Plan are considered participating securities as these employees receive non-forfeitable dividends
at the same rate as common stock. For the 13 and 39 weeks ended October 30, 2010 and October 31,
2009, the application of ASC 260-10-45 resulted in no change to basic EPS or diluted EPS.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following is a reconciliation between basic and diluted weighted average shares outstanding:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000">13 Weeks Ended</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000">39 Weeks Ended</td>
<td style="border-bottom: px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2">October 30,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2">October 31,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2">October 30,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2">October 31,</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: px solid #000000"><i>(In thousands, except per share amounts)</i></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000">2010</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000">2010</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Weighted average common shares outstanding:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Basic number of common shares outstanding
</div></td>
<td> </td>
<td> </td>
<td align="right">195,590</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">206,517</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">201,678</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">206,169</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Dilutive effect of stock options and non-vested restricted stock
</div></td>
<td> </td>
<td> </td>
<td align="right">1,733</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,876</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,861</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,494</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Dilutive number of common shares outstanding
</div></td>
<td> </td>
<td> </td>
<td align="right">197,323</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">209,393</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">203,539</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">208,663</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Basic net income per common share
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Net income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,024</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">59,159</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">53,609</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">109,698</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Less: Income allocated to participating securities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">194</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">93</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">219</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income available to common shareholders
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,024</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">58,965</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">53,516</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">109,479</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Basic net income per common share
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">0.17</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.29</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.27</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.53</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Dilutive net income per common share
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Net income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,024</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">59,159</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">53,609</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">109,698</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Less: Income allocated to participating securities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">191</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">93</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">149</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income available to common shareholders
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,024</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">58,968</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">53,516</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">109,549</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Dilutive net income per common share
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">0.17</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.28</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.26</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">0.53</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Equity awards to purchase approximately 6.9 million and 7.9 million shares of common stock during
the 13 and 39 weeks ended October 30, 2010, respectively, and approximately 6.6 million and 6.7
million shares of common stock during the 13
and 39 weeks ended October 31, 2009, respectively,
were outstanding, but were not included in the computation of weighted average diluted common share
amounts as the effect of doing so would have been anti-dilutive.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Approximately 0.8 million shares of restricted stock units for both the 13 and 39 weeks ended
October 30, 2010 and approximately 1.4 million shares of restricted stock for both the 13 and
39 weeks ended October 31, 2009 were not included in the computation of weighted average diluted
common share amounts because the number of shares ultimately issued is contingent on the Company’s
performance compared to pre-established annual performance goals. Additionally, there were
approximately 27,000 shares for the 39 weeks ended October 30, 2010 of time-based restricted stock
units that were outstanding, but not included in the computation of weighted average diluted common
share amounts as the effect of doing so would have been anti-dilutive.
</div>
</div>
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This element may be used to capture the complete disclosure pertaining to an entity's earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
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