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EXCEL - IDEA: XBRL DOCUMENT - CRACKER BARREL OLD COUNTRY STORE, INCFinancial_Report.xls
10-Q - CRACKER BARREL OLD COUNTRY STORE, INC 10-Q 11-2-2012 - CRACKER BARREL OLD COUNTRY STORE, INCform10q.htm
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EX-31.2 - EXHIBIT 31.2 - CRACKER BARREL OLD COUNTRY STORE, INCex31_2.htm
EX-32.2 - EXHIBIT 32.2 - CRACKER BARREL OLD COUNTRY STORE, INCex32_2.htm
EX-31.1 - EXHIBIT 31.1 - CRACKER BARREL OLD COUNTRY STORE, INCex31_1.htm
EX-32.1 - EXHIBIT 32.1 - CRACKER BARREL OLD COUNTRY STORE, INCex32_1.htm
v2.4.0.6
Net Income Per Share and Weighted Average Shares
3 Months Ended
Nov. 02, 2012
Net Income Per Share and Weighted Average Shares [Abstract]  
Net Income Per Share and Weighted Average Shares
10.           Net Income Per Share and Weighted Average Shares

Basic consolidated net income per share is computed by dividing consolidated net income available to common shareholders by the weighted average number of shares of common stock outstanding for the reporting period.  Diluted consolidated net income per share reflects the potential dilution that could occur if securities, options or other contracts to issue shares of common stock were exercised or converted into shares of common stock and is based upon the weighted average number of shares of common stock and common equivalent shares outstanding during the reporting period. Common equivalent shares related to stock options, nonvested stock awards and MSU Grants issued by the Company are calculated using the treasury stock method.  The Company's outstanding stock options, nonvested stock awards and MSU Grants issued by the Company represent the only dilutive effects on diluted consolidated net income per share.

The following table reconciles the components of diluted earnings per share computations:
 
 
Quarter Ended
 
 
November 2, 2012
 
 
October 28, 2011
 
Net income per share numerator
 
$
23,192
 
 
$
23,802
 
 
 
 
 
 
 
 
 
Net income per share denominator:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
23,577,574
 
 
 
22,870,934
 
Add potential dilution:
 
 
 
 
 
 
 
 
Stock options, nonvested stock awards and MSU Grants
 
 
210,051
 
 
 
274,849
 
Diluted weighted average shares outstanding
 
 
23,787,625
 
 
 
23,145,783