| Computation of Basic and Diluted Net Income Per Common Share |
The following table summarizes the computation of basic and diluted net income per common share for the Fiscal Years 2025, 2024 and 2023 (in thousands, except share and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Fiscal Year Ended |
|
|
|
January 31, 2026 |
|
|
February 1, 2025 |
|
|
February 3, 2024 |
|
Numerator |
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
27,891 |
|
|
$ |
39,483 |
|
|
$ |
36,201 |
|
Denominator |
|
|
|
|
|
|
|
|
|
Weighted average number of common shares outstanding |
|
|
15,188,966 |
|
|
|
14,956,165 |
|
|
|
10,561,652 |
|
Assumed exercise of warrants |
|
|
— |
|
|
|
— |
|
|
|
3,581,475 |
|
Weighted average common shares, basic |
|
|
15,188,966 |
|
|
|
14,956,165 |
|
|
|
14,143,127 |
|
Dilutive effect of share-based awards |
|
|
151,182 |
|
|
|
180,668 |
|
|
|
261,343 |
|
Weighted average common shares, diluted |
|
|
15,340,148 |
|
|
|
15,136,833 |
|
|
|
14,404,470 |
|
Net income per common share, basic |
|
$ |
1.84 |
|
|
$ |
2.64 |
|
|
|
2.56 |
|
Net income per common share, diluted |
|
$ |
1.82 |
|
|
$ |
2.61 |
|
|
$ |
2.51 |
|
|