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Net Income Per Share
 9 Months Ended
Oct. 29, 2011
Net Income Per Share [Abstract]  
Net Income Per Share
Note 2 - Net Income Per Share

The following table sets forth the computation of basic and diluted earnings per share as shown on the face of the accompanying condensed consolidated statements of income.

(In thousands except per share data)
 
Thirteen
Weeks Ended
October 29, 
2011
  
Thirteen 
Weeks Ended
October 30, 
2010
  
Thirty-nine
Weeks Ended
October 29, 
2011
  
Thirty-nine
Weeks Ended
October 30, 
2010
 
 
Numerator
            
Net income
 $10,473  $9,096  $23,107  $22,461 
Less amount allocable to participating securities
  200   0   508   0 
Net income available for basic common shares
  10,273   9,096   22,599   22,461 
Adjustment for dilutive potential common shares
  0   0   0   0 
Net income available for diluted common shares
 $10,273  $9,096  $22,599  $22,461 
                  
Denominator
                
Weighted average common shares – basic
  13,065   12,726   12,981   12,711 
Adjustment for dilutive potential common shares
  100   250   123   245 
Weighted average common shares – diluted
  13,165   12,976   13,104   12,956 
                  
Net income per common share
                
Basic
 $0.79  $0.71  $1.74  $1.77 
Diluted
 $0.78  $0.70  $1.72  $1.73 

Our basic and diluted earnings per share are computed using the two-class method. The two-class method is an earnings allocation that determines net income per share for each class of common stock and participating securities according to participation rights in undistributed earnings. Non-vested stock awards that include non-forfeitable rights to dividends are considered participating securities. Per share amounts are computed by dividing net income available to common shareholders by the weighted average shares outstanding during each period. No options to purchase shares of common stock were excluded in the computation of diluted shares for the periods presented.