v3.26.1
Net Income Per Share (Tables)
6 Months Ended
Aug. 01, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income per Share The following table presents the computation of basic and diluted net income per share:

 

 

(in thousands, except per share data)

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

August 1,

 

 

August 2,

 

 

August 1,

 

 

August 2,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic net income per share

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

184,304

 

 

$

94,185

 

 

$

299,048

 

 

$

195,018

 

Weighted average number of common shares – basic

 

 

62,867

 

 

 

63,061

 

 

 

62,814

 

 

 

63,075

 

Net income per common share – basic

 

$

2.93

 

 

$

1.49

 

 

$

4.76

 

 

$

3.09

 

Diluted net income per share

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

184,304

 

 

$

94,185

 

 

$

299,048

 

 

$

195,018

 

Shares for basic and diluted net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares – basic

 

 

62,867

 

 

 

63,061

 

 

 

62,814

 

 

 

63,075

 

Assumed exercise of stock options and vesting of restricted stock

 

 

696

 

 

 

579

 

 

 

846

 

 

 

621

 

Assumed conversion of convertible debt

 

 

333

 

 

 

253

 

 

 

362

 

 

 

270

 

Weighted average number of common shares – diluted

 

 

63,896

 

 

 

63,893

 

 

 

64,022

 

 

 

63,966

 

Net income per common share – diluted

 

$

2.88

 

 

$

1.47

 

 

$

4.67

 

 

$

3.05