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Net Income Per Share
6 Months Ended
Jul. 28, 2012
Earnings Per Share [Abstract]  
Net Income Per Share
Note 2 — Net Income Per Share

The following tables set forth the computation of basic and diluted earnings per share as shown on the face of the accompanying Condensed Consolidated Statements of Income:

 
        Thirteen Weeks Ended    
        July 28, 2012     July 30, 2011    
        (In thousands, except per share data)    
Basic Earnings per Share:
        Net
Income
    Shares     Per
Share
Amount
    Net
Income
    Shares     Per
Share
Amount
Net income
              $ 2,859                                        $ 2,715                                 
Amount allocated to participating securities
                 (70 )                                          (52 )                                
Net income available for basic common shares and basic earnings per share
              $ 2,789             19,934          $ 0.14          $ 2,663             19,508          $ 0.14   
 
Diluted Earnings per Share:
                                                                                                       
Net income
              $ 2,859                                        $ 2,715                                 
Amount allocated to participating securities
                 (69 )                                          (52 )                                
Adjustment for dilutive potential common shares
                                76                                            206                   
Net income available for diluted common shares and diluted earnings per share
              $ 2,790             20,010          $ 0.14          $ 2,663             19,714          $ 0.14   
 
        Twenty-six Weeks Ended    
        July 28, 2012     July 30, 2011    
        (In thousands, except per share data)    
Basic Earnings per Share:
        Net
Income
    Shares     Per
Share
Amount
    Net
Income
    Shares     Per
Share
Amount
Net income
              $ 13,879                                        $ 12,634                                 
Amount allocated to participating securities
                 (299 )                                          (297 )                                
Net income available for basic common shares and basic earnings per share
              $ 13,580             19,907          $ 0.68          $ 12,337             19,408          $ 0.64   
 
Diluted Earnings per Share:
                                                                                                       
Net income
              $ 13,879                                        $ 12,634                                 
Amount allocated to participating securities
                 (298 )                                          (293 )                                
Adjustment for dilutive potential common shares
                                84                                            203                   
Net income available for diluted common shares and diluted earnings per share
              $ 13,581             19,991          $ 0.68          $ 12,341             19,611          $ 0.63   
 
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 their participation rights in dividends and 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.