Basic earnings per common share is computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per common share is computed by dividing net income by the weighted average number of common shares outstanding after giving effect to the potential dilution, if applicable, from the assumed exercise of stock options into shares of common stock as if those stock options were exercised and the assumed lapse of restrictions on restricted stock units.

The following table summarizes those effects for the diluted earnings per common share calculation:


		Thirteen weeks ended						Twenty-six weeks ended
		August 1,			August 2,			August 1,			August 2,
		2026			2025			2026			2025

		(in thousands, except per share amounts)						(in thousands, except per share amounts)
Net income		$	85,454		$	61,310		$	141,854		$	108,870
Weighted average number of common shares outstanding – Basic			60,097			61,340			60,490			61,342
Incremental shares from the assumed exercise of outstanding stock options and vesting of restricted stock units			139			456			223			464
Weighted average number of common shares outstanding – Diluted			60,236			61,796			60,713			61,806
Earnings per common share-Basic		$	1.42		$	1.00		$	2.35		$	1.77
Earnings per common share-Diluted		$	1.42		$	0.99		$	2.34		$	1.76

The effect of the weighted average assumed exercise of stock options outstanding totaling 357,194 and 105,588 for the thirteen weeks ended August 1, 2026 and August 2, 2025, and 267,458 and 89,102 for the twenty-six weeks ended August 1, 2026 and August 2, 2025, respectively, were excluded from the calculation of diluted weighted average common shares outstanding because the effect would have been antidilutive.

The effect of weighted average non-vested restricted stock units outstanding totaling 216,486 and 546 for the thirteen weeks ended August 1, 2026 and August 2, 2025, and 120,465 and 17,373 for the twenty-six weeks ended August 1, 2026 and August 2, 2025, respectively, were excluded from the calculation of diluted weighted average common shares outstanding because the effect would have been antidilutive.