The following table sets forth the calculation of basic and diluted net income per share:
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13 Weeks Ended |
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26 Weeks Ended |
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July 28, |
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July 30, |
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July 28, |
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July 30, |
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(In millions, except per share data) |
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2012 |
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2011 |
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2012 |
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2011 |
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Basic net income per share: |
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Net income |
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$ |
119.2 |
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$ |
94.9 |
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$ |
235.3 |
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$ |
195.9 |
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Weighted average number of |
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shares outstanding |
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231.3 |
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|
244.6 |
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|
231.4 |
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|
|
244.9 |
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Basic net income per share |
|
$ |
0.52 |
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|
$ |
0.39 |
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|
$ |
1.02 |
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$ |
0.80 |
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Diluted net income per share: |
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Net income |
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$ |
119.2 |
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$ |
94.9 |
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$ |
235.3 |
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|
$ |
195.9 |
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Weighted average number of |
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|
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|
|
|
|
|
|
|
|
|
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shares outstanding |
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|
231.3 |
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|
244.6 |
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231.4 |
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|
244.9 |
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Dilutive effect of stock options and |
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restricted stock units (as determined |
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by applying the treasury stock method) |
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1.3 |
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1.5 |
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1.3 |
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|
1.6 |
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Weighted average number of shares and |
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dilutive potential shares outstanding |
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232.6 |
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|
246.1 |
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|
232.7 |
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|
246.5 |
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Diluted net income per share |
|
$ |
0.51 |
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$ |
0.39 |
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$ |
1.01 |
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$ |
0.79 |
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