v2.3.0.11

Computation of Earnings Per Common Share | 6 Months Ended
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Jul. 30, 2011
Computation of Earnings Per Common Share Disclosure [Abstract] |
Computation of Earnings Per Common Share | Computation of Earnings Per Common Share The computation of basic and diluted earnings per share for the second quarter and first half of 2011 and 2010 is as follows (in thousands, except per share data):
| 13 Weeks Ended |  | 26 Weeks Ended
| July 30, 2011 |  | July 31, 2010 |  | July 30, 2011 |  | July 31, 2010
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income attributed to Staples, Inc. | $ | 176,438 |  |  | $ | 129,756 |  |  | $ | 374,683 |  |  | $ | 318,526 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding | 698,917 |  |  | 719,486 |  |  | 702,618 |  |  | 719,140 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Employee stock options, Restricted Shares and Performance Shares | 9,754 |  |  | 10,249 |  |  | 10,419 |  |  | 11,802 |
Weighted-average common shares outstanding assuming dilution | 708,671 |  |  | 729,735 |  |  | 713,037 |  |  | 730,942 |
Basic earnings per common share | $ | 0.25 |  |  | $ | 0.18 |  |  | $ | 0.53 |  |  | $ | 0.44 |
Diluted earnings per common share | $ | 0.25 |  |  | $ | 0.18 |  |  | $ | 0.53 |  |  | $ | 0.44 |
Options to purchase shares of common stock are excluded from the calculation of diluted earnings per share when their inclusion would have an anti-dilutive effect on the calculation. Options to purchase 36.0 million and 21.3 million shares of Staples common stock were excluded from the calculation of diluted earnings per share at July 30, 2011 and July 31, 2010, respectively.

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