The following table sets forth the calculation of basic and diluted net income per share:
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Year Ended |
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February 2, |
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January 28, |
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January 29, |
(in millions, except per share data) |
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2013 |
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2012 |
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2011 |
Basic net income per share: |
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Net income |
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$ |
619.3 |
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$ |
488.3 |
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$ |
397.3 |
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Weighted average number of shares |
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outstanding |
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229.3 |
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240.6 |
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254.1 |
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Basic net income per share |
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$ |
2.70 |
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$ |
2.03 |
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$ |
1.56 |
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Diluted net income per share: |
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Net income |
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$ |
619.3 |
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$ |
488.3 |
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$ |
397.3 |
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Weighted average number of shares |
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outstanding |
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229.3 |
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240.6 |
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254.1 |
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Dilutive effect of stock options and |
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restricted stock (as determined by |
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applying the treasury stock method) |
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1.4 |
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1.8 |
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1.9 |
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Weighted average number of shares and |
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dilutive potential shares outstanding |
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230.7 |
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242.4 |
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256.0 |
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Diluted net income per share |
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$ |
2.68 |
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$ |
2.01 |
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$ |
1.55 |
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