| Earnings Per Share |
Note 10. Earnings Per Share The following table provides the computation of basic and diluted net earnings per share (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | August 1, 2026 | | August 2, 2025 | | August 1, 2026 | | August 2, 2025 | | Net income—basic and diluted | $ | 5,177 | | | $ | 1,567 | | | $ | 5,591 | | | $ | 7,507 | | | | | | | | | | | Weighted-average number of shares—basic | 99,602 | | | 102,470 | | | 99,495 | | | 103,699 | | | | | | | | | | | Weighted-average number of shares—basic | 99,602 | | | 102,470 | | | 99,495 | | | 103,699 | | | Effect of dilutive performance stock units and restricted stock units | 611 | | | 209 | | | 385 | | | 511 | | | Effect of dilutive options | — | | | 67 | | | — | | | 190 | | | Weighted-average number of shares—diluted | 100,213 | | | 102,746 | | | 99,880 | | | 104,400 | | | | | | | | | | | Net earnings per share: | | | | | | | | | Basic | $ | 0.05 | | | $ | 0.02 | | | $ | 0.06 | | | $ | 0.07 | | | Diluted | $ | 0.05 | | | $ | 0.02 | | | $ | 0.06 | | | $ | 0.07 | | | | | | | | | |
The following table presents potentially dilutive securities excluded from the computation of diluted earnings per share for the periods presented because their effect would have been anti-dilutive (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | August 1, 2026 | | August 2, 2025 | | August 1, 2026 | | August 2, 2025 | | Restricted stock awards, restricted stock units and performance stock units | 510 | | | 708 | | | 604 | | | 312 | | | Stock options | 6,110 | | | 2,597 | | | 5,479 | | | 2,321 | | | Total | 6,620 | | | 3,305 | | | 6,083 | | | 2,633 | | | | | | | | | |
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