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
Jan. 28, 2012
Net income per common share [Abstract]  
Net income per common share

11.     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  
    January 28,
2012
    January 29,
2011
    January 30,
2010
 

Numerator for diluted net income per share — net income

  $ 120,264     $ 71,030     $ 39,356  

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

    61,259       58,959       57,915  

Dilutive effect of stock options and non-vested stock

    2,075       2,329       1,322  
   

 

 

   

 

 

   

 

 

 

Denominator for diluted net income per share

    63,334       61,288       59,237  

Net income per common share:

                       

Basic

  $ 1.96     $ 1.20     $ 0.68  

Diluted

  $ 1.90     $ 1.16     $ 0.66  

The denominator for diluted net income per common share for fiscal years 2011, 2010 and 2009 exclude 621, 1,263 and 3,809 employee options, respectively, due to their anti-dilutive effects.