v3.25.2
Earnings Per Share, Share Repurchases and Dividends
6 Months Ended
Aug. 01, 2025
Earnings Per Share [Abstract]  
Earnings Per Share, Share Repurchases and Dividends
Note 2—Earnings Per Share, Share Repurchases and Dividends:
Earnings Per Share ("EPS")
Basic EPS is computed by dividing net income by the basic weighted-average number of shares outstanding. Diluted EPS is computed similarly to basic EPS, except the weighted-average number of shares outstanding is
increased to include the dilutive effect of outstanding stock-based awards. The dilutive effect of outstanding stock-based awards is computed using the treasury stock method.
The following table provides a reconciliation of the weighted-average number of shares outstanding used to compute basic and diluted EPS for the periods presented:
 Three Months EndedSix Months Ended
 August 1,
2025
August 2,
2024
August 1,
2025
August 2,
2024
 (in millions)
Basic weighted-average number of shares outstanding
46.7 50.9 47.1 51.3 
Dilutive common share equivalents - stock options and other stock-based awards0.1 0.3 0.2 0.4 
Diluted weighted-average number of shares outstanding
46.8 51.2 47.3 51.7 
Antidilutive stock awards excluded from the weighted-average number of shares outstanding used to compute diluted EPS for the three and six months ended August 1, 2025 and August 2, 2024 were immaterial.
Dividends
The Company declared and paid a quarterly dividend of $0.37 per share of its common stock during the three months ended August 1, 2025. Subsequent to the end of the quarter, on August 28, 2025, the Company's Board of Directors declared a quarterly dividend of $0.37 per share of the Company's common stock payable on October 24, 2025 to stockholders of record on October 10, 2025.