Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE (Notes)

v2.4.0.8
NET INCOME PER SHARE (Notes)
 3 Months Ended
May 03, 2014
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 3,
 
May 4,
 
(in millions, except per share data)
 
2014
 
2013
 
Basic net income per share:
 
 
 
 
 
Net income
 
$
138.3

 
$
133.5

 
Weighted average number of shares
 
 
 
 
 
outstanding
 
206.8

 
224.2

 
Basic net income per share
 
$
0.67

 
$
0.60

 
Diluted net income per share:
 
 
 
 
 
Net income
 
$
138.3

 
$
133.5

 
Weighted average number of shares
 
 

 
 

 
outstanding
 
206.8

 
224.2

 
Dilutive effect of stock options and
 
 
 
 
 
restricted stock (as determined by
 
 
 
 
 
applying the treasury stock method)
 
0.9

 
1.0

 
Weighted average number of shares and
 
 
 
 
 
dilutive potential shares outstanding
 
207.7

 
225.2

 
Diluted net income per share
 
$
0.67

 
$
0.59

 


For the 13 weeks ended May 3, 2014 and May 4, 2013, substantially all of the stock options outstanding were included in the calculation of the weighted average number of shares and dilutive potential shares outstanding.