v3.22.2.2
Earnings per Share, Basic and Diluted
9 Months Ended
Oct. 29, 2022
Earnings Per Share [Abstract]  
Earnings per Share, Basic and Diluted

10. Earnings per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 29, 2022

 

 

October 30, 2021

 

 

October 29, 2022

 

 

October 30, 2021

 

Net income

 

$

 

6,932

 

 

$

30,702

 

 

$

 

9,602

 

 

$

81,085

 

Weighted average common shares for basic earnings per share:

 

 

 

19,101

 

 

 

24,284

 

 

 

 

19,239

 

 

 

24,905

 

Dilutive effect of stock options and restricted stock

 

 

 

147

 

 

 

345

 

 

 

 

251

 

 

 

420

 

Weighted average common shares for diluted earnings per share:

 

 

 

19,248

 

 

 

24,629

 

 

 

 

19,490

 

 

 

25,325

 

Basic earnings per share

 

$

 

0.36

 

 

$

1.26

 

 

$

 

0.50

 

 

$

3.26

 

Diluted earnings per share

 

$

 

0.36

 

 

$

1.25

 

 

$

 

0.49

 

 

$

3.20

 

 

There were 0.1 million anti-dilutive common shares related to stock-based awards for the three and nine months ended October 29, 2022 and October 30, 2021, respectively.