v3.26.1
Earnings Per Share
6 Months Ended
Aug. 02, 2026
Earnings Per Share [Abstract]  
Earnings Per Share

7. EARNINGS PER SHARE

Earnings per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings per share is based on the weighted average number of common shares outstanding for the period. Diluted earnings per share is based on the weighted average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock and are considered only for dilutive earnings per share unless considered anti-dilutive. The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation is as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

August 2, 2026

 

 

August 3, 2025

 

 

August 2, 2026

 

 

August 3, 2025

 

(in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

Numerator - net income (loss) attributable to
   controlling interest

 

$

18,362

 

 

$

1,261

 

 

$

8,261

 

 

$

(14,032

)

Denominator - weighted average shares
   (Class A and Class B)

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

35,272

 

 

 

34,448

 

 

 

34,997

 

 

 

34,081

 

Dilutive shares

 

 

1,109

 

 

 

208

 

 

 

1,410

 

 

 

 

Diluted

 

 

36,381

 

 

 

34,656

 

 

 

36,407

 

 

 

34,081

 

Earnings (loss) per share (Class A and Class B)

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.52

 

 

$

0.04

 

 

$

0.24

 

 

$

(0.41

)

Diluted

 

$

0.50

 

 

$

0.04

 

 

$

0.23

 

 

$

(0.41

)

 

The computation of diluted loss per share excluded 0.2 million of unvested restricted stock for the six months ended August 3, 2025, because their inclusion would be anti-dilutive due to a net loss.