Quarterly report pursuant to Section 13 or 15(d)

Net income per common share

v2.4.0.8
Net income per common share
9 Months Ended
Nov. 02, 2013
Earnings Per Share [Abstract]  
Net income per common share
6. 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:

13 Weeks Ended 39 Weeks Ended
November 2, October 27, November 2, October 27,
2013 2012 2013 2012

Net income

$ 45,430 $ 38,151 $ 132,167 $ 108,017

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

64,061 63,484 63,912 63,016

Dilutive effect of stock options and non-vested stock

477 999 512 1,269

Denominator for diluted net income per share

64,538 64,483 64,424 64,285

Net income per common share:

Basic

$ 0.71 $ 0.60 $ 2.07 $ 1.71

Diluted

$ 0.70 $ 0.59 $ 2.05 $ 1.68

The denominators for diluted net income per common share for the 13 weeks ended November 2, 2013 and October 27, 2012 exclude 254 and 522 employee stock options, respectively, due to their anti-dilutive effects.

The denominators for diluted net income per common share for the 39 weeks ended November 2, 2013 and October 27, 2012 exclude 669 and 596 employee stock options, respectively, due to their anti-dilutive effects.