The following table sets forth the calculations of basic and diluted net income per share:
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13 weeks ended |
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May 4, |
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April 28, |
(in millions, except per share data) |
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2013 |
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2012 |
Basic net income per share: |
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Net income |
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$ |
133.5 |
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$ |
116.1 |
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Weighted average number of shares |
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outstanding |
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224.2 |
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231.5 |
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Basic net income per share |
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$ |
0.60 |
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$ |
0.50 |
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Diluted net income per share: |
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Net income |
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$ |
133.5 |
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$ |
116.1 |
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Weighted average number of shares |
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outstanding |
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224.2 |
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231.5 |
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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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1.0 |
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1.3 |
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Weighted average number of shares and |
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dilutive potential shares outstanding |
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225.2 |
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232.8 |
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Diluted net income per share |
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$ |
0.59 |
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$ |
0.50 |
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