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EXCEL - IDEA: XBRL DOCUMENT - Vera Bradley, Inc.Financial_Report.xls
10-Q - FORM 10-Q - Vera Bradley, Inc.d428260d10q.htm
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EX-31.2 - CFO SECTION 302 CERTIFICATION - Vera Bradley, Inc.d428260dex312.htm
EX-31.1 - CEO SECTION 302 CERTIFICATION - Vera Bradley, Inc.d428260dex311.htm
EX-32.1 - SECTION 906 CERTIFICATIONS - Vera Bradley, Inc.d428260dex321.htm
v2.4.0.6
Earnings Per Share
9 Months Ended
Oct. 27, 2012
Earnings Per Share
2. Earnings Per Share

Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding, plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding restricted stock. The components of basic and diluted earnings per share were as follows (in thousands, except per share amounts):

 

     Thirteen Weeks Ended      Thirty-nine Weeks Ended  
     October 27,
2012
     October 29,
2011
     October 27,
2012
     October 29,
2011
 

Numerator:

        

Net income

   $ 17,742       $ 12,962       $ 43,741       $ 37,819   

Denominator:

        

Weighted-average number of common shares (basic)

     40,534         40,507         40,527         40,507   

Dilutive effect of stock-based awards

     40         33         36         31   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average number of common shares (diluted)

     40,574         40,540         40,563         40,538   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per share:

        

Basic

   $ 0.44       $ 0.32       $ 1.08       $ 0.93   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.44       $ 0.32       $ 1.08       $ 0.93   
  

 

 

    

 

 

    

 

 

    

 

 

 

As of October 27, 2012, there was an aggregate of 0.1 million additional shares issuable upon the vesting of restricted stock units that were excluded from the diluted share calculations because they were anti-dilutive. As of October 29, 2011, there were no additional shares issuable upon the vesting of restricted stock units that were excluded from the diluted share calculations.