Refer to the financial statements and related disclosure notes of PetSmart in Appendix B located at the

Question:

Refer to the and related disclosure notes of PetSmart in Appendix B located at the back of this textbook.
Required:
1. What were PetSmart's basic and diluted earnings per share for the year ending February 2, 2014?
2. How many shares were included in diluted earnings per share but not basic earnings per share due to stock-based compensation awards? How many shares of representing due to stock-based compensation awards were not included in the calculation of diluted earnings per common share? Why?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...