Quarterly report pursuant to Section 13 or 15(d)

Net income per common share

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Net income per common share
 6 Months Ended
Aug. 02, 2014
Earnings Per Share [Abstract]  
Net income per common share

7. 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      26 Weeks Ended  
     August 2,
2014 		     August 3,
2013 		     August 2,
2014 		     August 3,
2013 		 

Net income

    $ 60,794       $ 44,911       $ 110,747       $ 86,737   

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

      64,349         63,834         64,311         63,838   

Dilutive effect of stock options and non-vested stock

      287         497         307         524   
  

 

 

     

 

 

     

 

 

     

 

 

  

Denominator for diluted net income per share

      64,636         64,331         64,618         64,362   

Net income per common share:

            

Basic

    $ 0.94       $ 0.70       $ 1.72       $ 1.36   

Diluted

    $ 0.94       $ 0.70       $ 1.71       $ 1.35   

The denominators for diluted net income per common share for the 13 weeks ended August 2, 2014 and August 3, 2013 exclude 621 and 498 employee stock options, respectively, due to their anti-dilutive effects.

The denominators for diluted net income per common share for the 26 weeks ended August 2, 2014 and August 3, 2013 exclude 743 and 869 employee stock options, respectively, due to their anti-dilutive effects.