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Earnings Per Share
 9 Months Ended
Nov. 01, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note 11. Earnings Per Share

All share information presented below and herein has been adjusted to reflect the stock split approved by VHC’s board of directors as of November 27, 2013. The nine months ended November 1, 2014 includes the impact of 10,000,000 shares issued by the Company on November 27, 2013 in the IPO.

The following is a reconciliation of basic shares to diluted shares:

 

     Three Months Ended      Nine Months Ended  
     November 1,
2014		      November 2,
2013		      November 1,
2014		      November 2,
2013		  

Weighted-average shares—basic

      36,728,969         26,228,605         36,726,338         26,216,955   

Effect of dilutive equity securities

      1,574,634         449,168         1,517,030         196,352   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average shares—diluted

      38,303,603         26,677,773         38,243,368         26,413,307   
  

 

 

     

 

 

     

 

 

     

 

 

  

For the three and nine months ended November 1, 2014, 65,561 and 34,216 options to purchase common stock, respectively, were excluded from the computation of weighted average shares for diluted earnings per share since the related exercise prices exceeded the average market price of the Company’s common stock and such inclusion would be anti-dilutive.