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10-Q - FORM 10-Q - WILLIAMS SONOMA INCd337810d10q.htm
EX-32.1 - CERTIFICATION OF CEO, PURSUANT TO 18 U.S.C. SECTION 1350 - WILLIAMS SONOMA INCd337810dex321.htm
EX-31.2 - CERTIFICATION OF CFO, PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) - WILLIAMS SONOMA INCd337810dex312.htm
EX-32.2 - CERTIFICATION OF CFO, PURSUANT TO 18 U.S.C. SECTION 1350 - WILLIAMS SONOMA INCd337810dex322.htm
EX-31.1 - CERTIFICATION OF CEO, PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) - WILLIAMS SONOMA INCd337810dex311.htm
EXCEL - IDEA: XBRL DOCUMENT - WILLIAMS SONOMA INCFinancial_Report.xls
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v2.4.0.6
Earnings Per Share
3 Months Ended
Apr. 29, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE C. EARNINGS PER SHARE

Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period plus common stock equivalents consisting of shares subject to stock-based awards with exercise prices less than or equal to the average market price of our common stock for the period, to the extent their inclusion would be dilutive.

The following is a reconciliation of net earnings and the number of shares used in the basic and diluted earnings per share computations:

 

Dollars and amounts in thousands, except per share amounts    Net Earnings      Weighted
Average Shares
     Earnings
Per Share
 

Thirteen weeks ended April 29, 2012

        

Basic

   $ 30,716         100,172       $ 0.31   

Effect of dilutive stock-based awards

              1,784            

Diluted

   $ 30,716         101,956       $ 0.30   

Thirteen weeks ended May 1, 2011

        

Basic

   $ 31,615         104,918       $ 0.30   

Effect of dilutive stock-based awards

              2,265            

Diluted

   $ 31,615         107,183       $ 0.29   

Stock-based awards of 1,664,000 and 2,209,000 for the thirteen weeks ended April 29, 2012 and May 1, 2011, respectively, were not included in the computation of diluted earnings per share, as their inclusion would be anti-dilutive.