v3.25.2
Note 9 - Income Per Share
 6 Months Ended
Aug. 02, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

9. Income per Share

 

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

 

  

Thirteen weeks ended

  

Twenty-six weeks ended

 
  

August 2,

  

August 3,

  

August 2,

  

August 3,

 
  

2025

  

2024

  

2025

  

2024

 

NUMERATOR:

                

Net income

 $12,367  $8,778  $27,686  $20,237 
                 

DENOMINATOR:

                

Weighted average number of common shares outstanding - basic

  13,111,615   13,665,958   13,095,958   13,795,958 

Dilutive effect of share-based awards:

  27,855   19,842   46,485   49,351 

Weighted average number of common shares outstanding - dilutive

  13,139,470   13,685,801   13,142,443   13,845,309 
                 

Basic net income per common share

 $0.94  $0.64  $2.11  $1.47 

Diluted net income per common share

 $0.94  $0.64  $2.11  $1.46 

 

In calculating the diluted income per share for the thirteen and twenty-six weeks ended August 2, 2025, respectively, there were 28,036 and 14,018 shares of common stock 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. For the thirteen and twenty-six weeks ended August 3, 2024, respectively, there were 36,689 and 28,989 shares of common stock 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.