Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE

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NET INCOME PER SHARE
 3 Months Ended
Jul. 28, 2012
NET INCOME PER SHARE [Abstract]  
NET INCOME PER SHARE
6. NET INCOME PER SHARE

The following table sets forth the calculation of basic and diluted net income per share:

   
13 Weeks Ended
    
26 Weeks Ended
  
   
July 28,
    
July 30,
    
July 28,
    
July 30,
  
(In millions, except per share data)
  
2012
    
2011
    
2012
    
2011
  
                         
Basic net income per share:
  
 
                
 
  
Net income
   $ 119.2     $ 94.9     $ 235.3     $ 195.9  
Weighted average number of
                                
shares outstanding
     231.3       244.6       231.4       244.9  
Basic net income per share
   $ 0.52     $ 0.39     $ 1.02     $ 0.80  
                                 
Diluted net income per share:
                                
Net income
   $ 119.2     $ 94.9     $ 235.3     $ 195.9  
Weighted average number of
                                
shares outstanding
     231.3       244.6       231.4       244.9  
Dilutive effect of stock options and
                                
restricted stock units (as determined
                                
by applying the treasury stock method)
     1.3       1.5       1.3       1.6  
Weighted average number of shares and
                                
dilutive potential shares outstanding
     232.6       246.1       232.7       246.5  
Diluted net income per share
   $ 0.51     $ 0.39     $ 1.01     $ 0.79  
 
For the 13 and 26 weeks ended July 28, 2012 and July 30, 2011, substantially all of the stock options outstanding were included in the calculation of the weighted average number of shares and dilutive potential shares outstanding.