v3.26.1
Net Income Per Share
6 Months Ended
Aug. 01, 2026
Earnings Per Share [Abstract]  
Net Income Per Share

9. Net Income Per Share

The following table summarizes the computation of basic and diluted net income per common share (“EPS”) (in thousands, except share and per share data):

 

 

For the Thirteen Weeks Ended

 

 

For the Twenty-Six Weeks Ended

 

 

 

August 1, 2026

 

 

August 2, 2025

 

 

August 1, 2026

 

 

August 2, 2025

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

16,774

 

 

$

10,515

 

 

$

21,462

 

 

$

22,207

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic

 

 

14,912,863

 

 

 

15,254,411

 

 

 

14,896,749

 

 

 

15,284,442

 

Dilutive effect of share-based awards

 

 

161,155

 

 

 

42,672

 

 

 

127,718

 

 

 

59,577

 

Weighted average common shares, diluted

 

 

15,074,018

 

 

 

15,297,083

 

 

 

15,024,467

 

 

 

15,344,019

 

Net income per common share, basic

 

$

1.12

 

 

$

0.69

 

 

$

1.44

 

 

$

1.45

 

Net income per common share, diluted

 

$

1.11

 

 

$

0.69

 

 

$

1.43

 

 

$

1.45

 

Share-based awards are excluded from the diluted earnings per share calculation when their inclusion would have an antidilutive effect such as when the Company has a net loss for the reporting period, or if the assumed proceeds per share of the award is in excess of the related fiscal period’s average price of the Company’s common stock. Accordingly, 121,129 and 232,825 shares for the thirteen and twenty-six weeks ended August 1, 2026, respectively, and 279,851 and 278,166 shares for the thirteen and twenty-six weeks ended August 2, 2025, respectively, were excluded from the diluted earnings per share calculation because their inclusion would be antidilutive.