Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE (Notes)

v2.4.0.6
NET INCOME PER SHARE (Notes)
3 Months Ended
May 04, 2013
NET INCOME PER SHARE [Abstract]  
NET INCOME PER SHARE
NET INCOME PER SHARE

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

 
13 weeks ended

 
May 4,
 
April 28,
(in millions, except per share data)
 
2013
 
2012
Basic net income per share:
 
 
 
 
Net income
 
$
133.5

 
$
116.1

Weighted average number of shares
 

 

outstanding
 
224.2

 
231.5

Basic net income per share
 
$
0.60

 
$
0.50

Diluted net income per share:
 
 
 
 
Net income
 
$
133.5

 
$
116.1

Weighted average number of shares
 
 

 
 

outstanding
 
224.2

 
231.5

Dilutive effect of stock options and
 
 
 
 
restricted stock (as determined by
 
 
 
 
applying the treasury stock method)
 
1.0

 
1.3

Weighted average number of shares and
 
 
 
 
dilutive potential shares outstanding
 
225.2

 
232.8

Diluted net income per share
 
$
0.59

 
$
0.50



For the thirteen weeks ended May 4, 2013 and April 28, 2012, substantially all of the stock options outstanding were included in the calculation of the weighted average number of shares and dilutive potential shares outstanding.