Annual report pursuant to Section 13 and 15(d)

Net income per common share

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Net income per common share
 12 Months Ended
Feb. 01, 2014
Earnings Per Share [Abstract]  
Net income per common share

10.     Net income per common share

The following is a reconciliation of net income and the number of shares of common stock used in the computation of net income per basic and diluted share:

 

     Fiscal year ended  

(In thousands, except per share data)

    February 1,
2014		      February 2,
2013		      January 28,
2012		  

Numerator for diluted net income per share — net income

    $ 202,849       $ 172,549       $ 120,264   

Denominator for basic net income per share — weighted-average common shares

      63,992         63,250         61,259   

Dilutive effect of stock options and non-vested stock

      469         1,146         2,075   
  

 

 

     

 

 

     

 

 

  

Denominator for diluted net income per share

      64,461         64,396         63,334   

Net income per common share:

         

Basic

    $ 3.17       $ 2.73       $ 1.96   

Diluted

    $ 3.15       $ 2.68       $ 1.90   

The denominator for diluted net income per common share for fiscal years 2013, 2012 and 2011 exclude 658, 533 and 621 employee options, respectively, due to their anti-dilutive effects.