v3.26.1
Earnings per share
12 Months Ended
Jan. 30, 2026
Earnings Per Share  
Earnings per share

2.Earnings per share

Earnings per share is computed as follows (in thousands except per share data):

2025

  ​ ​ ​

  ​ ​ ​

Weighted

  ​ ​ ​

 

Net

Average

Per Share

Income

Shares

Amount

Basic earnings per share

$

1,512,311

 

220,090

$

6.87

Effect of dilutive share-based awards

 

724

Diluted earnings per share

$

1,512,311

 

220,814

$

6.85

2024

  ​ ​ ​

  ​ ​ ​

Weighted

  ​ ​ ​

 

Net

Average

Per Share

Income

Shares

Amount

Basic earnings per share

$

1,125,253

 

219,877

$

5.12

Effect of dilutive share-based awards

 

150

Diluted earnings per share

$

1,125,253

 

220,027

$

5.11

2023

  ​ ​ ​

  ​ ​ ​

Weighted

  ​ ​ ​

 

Net

Average

Per Share

Income

Shares

Amount

Basic earnings per share

$

1,661,274

 

219,415

$

7.57

Effect of dilutive share-based awards

 

523

Diluted earnings per share

$

1,661,274

 

219,938

$

7.55

Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per share is determined based on the dilutive effect of share-based awards using the treasury stock method.

Share-based awards that were outstanding at the end of the respective periods but were not included in the computation of diluted earnings per share because the effect of exercising such options would be antidilutive, were approximately 0.1 million, 0.2 million and 0.1 million in 2025, 2024 and 2023, respectively.