v3.25.1
Note 11 - Net Income Per Share
 12 Months Ended
Feb. 01, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

(11)

Net Income Per Share

 

The Company computes both basic and diluted income per common share. The following table sets forth the computation of basic and diluted income per share (in thousands, except share and per share data):

 

  

Fiscal year ended

 
  

February 1,

  

February 3,

  

January 28,

 
  

2025

  

2024

  

2023

 

NUMERATOR:

            

Net Income

 $51,785  $52,805  $47,985 
             

DENOMINATOR:

            

Weighted average number of common shares outstanding - basic

  13,578,587   14,342,931   14,940,770 

Dilutive effect of share-based awards:

  42,488   128,944   309,049 

Weighted average number of common shares outstanding - dilutive

  13,621,075   14,471,875   15,249,819 

Basic income per common share

 $3.81  $3.68  $3.21 

Diluted income per common share

 $3.80  $3.65  $3.15 

 

In calculating diluted earnings per share for fiscal 2024, 2023 and 2022, there were 21,828, 23,324, and 46,543 shares of common stock, respectively, that were outstanding at the end of the period that were not included in the computation of diluted income per share due to their anti-dilutive effect under provisions of ASC 260-10.