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Net Income Per Share
 3 Months Ended
Aug. 03, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
12. Net Income Per Share

Basic net income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net income per share follows:
 
Three months ended
(amounts in thousands)
August 3, 2014
July 28, 2013
Weighted average common shares outstanding, basic
 12,212 12,148
Dilutive effect of stock-based compensation
 192 218
Weighted average common shares outstanding, diluted
 12,404 12,366

All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended August 3, 2014 and July 28, 2013, as the exercise price of the options was less than the average market price of the common shares.

The computation of basic net income per share did not include 61,667 shares of time vested restricted common stock as these shares were unvested for the three months ending July 28, 2013. At August 3, 2014, there were no outstanding and unvested shares of time vested restricted common stock and therefore, the computation of basic net income per share was not affected.