Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Net Income Per Common Share (Tables)

12 Months Ended

Jan. 28, 2012


	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