Quarterly report pursuant to Section 13 or 15(d)

Net income per common share

v2.4.0.6
Net income per common share
 9 Months Ended
Oct. 27, 2012
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  
     October 27,
2012		      October 29,
2011		      October 27,
2012		      October 29,
2011		  

Net income

    $ 38,151       $ 26,768       $ 108,017       $ 73,969   

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

      63,484         61,451         63,016         61,044   

Dilutive effect of stock options and non-vested stock

      999         1,968         1,269         2,129   
  

 

 

     

 

 

     

 

 

     

 

 

  

Denominator for diluted net income per share

      64,483         63,419         64,285         63,173   

Net income per common share:

            

Basic

    $ 0.60       $ 0.44       $ 1.71       $ 1.21   

Diluted

    $ 0.59       $ 0.42       $ 1.68       $ 1.17   

The denominators for diluted net income per common share for the 13 weeks ended October 27, 2012 and October 29, 2011 exclude 522 and 595 employee stock options, respectively, due to their anti-dilutive effects.

The denominators for diluted net income per common share for the 39 weeks ended October 27, 2012 and October 29, 2011 exclude 596 and 703 employee stock options, respectively, due to their anti-dilutive effects.