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. 02, 2013
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  
     February 2,
2013		      January 28,
2012		      January 29,
2011		  

Numerator for diluted net income per share — net income

    $ 172,549       $ 120,264       $ 71,030   

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

      63,250         61,259         58,959   

Dilutive effect of stock options and non-vested stock

      1,146         2,075         2,329   
  

 

 

     

 

 

     

 

 

  

Denominator for diluted net income per share

      64,396         63,334         61,288   

Net income per common share:

         

Basic

    $ 2.73       $ 1.96       $ 1.20   

Diluted

    $ 2.68       $ 1.90       $ 1.16   

The denominator for diluted net income per common share for fiscal years 2012, 2011 and 2010 exclude 533, 621 and 1,263 employee options, respectively, due to their anti-dilutive effects.