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v2.4.0.6
Earnings Per Share
9 Months Ended
Oct. 27, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 3 — Earnings Per Share

Earnings per common share has been computed as follows:

 

                                 
    Thirteen weeks ended     Thirty-nine weeks ended  
    October 27,     October 29,     October 27,     October 29,  
    2012     2011     2012     2011  
    (in thousands, except per share data)  

Net income

  $ 8,165     $ 8,741     $ 28,858     $ 26,030  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average basic common shares outstanding

    23,939       24,461       24,371       24,407  

Impact of dilutive securities

    616       605       619       650  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average diluted common shares outstanding

    24,555       25,066       24,990       25,057  
         

Per common share:

                               

Basic income per common share

  $ 0.34     $ 0.36     $ 1.18     $ 1.07  

Diluted income per common share

  $ 0.33     $ 0.35     $ 1.15     $ 1.04  

Stock options to purchase 838,557 and 831,293 shares of common stock during the third quarter of 2012 and Year-to-date 2012, respectively, and 787,406 and 670,270 shares of common stock for the third quarter of 2011 and Year-to-date 2011, respectively, were outstanding, but were not included in the computation of weighted average diluted common share amounts as the effect of doing so would have been anti-dilutive.