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

Note 3 - Net Income Per Share

The following table sets forth the computation of Basic and Diluted Net Income per Share as shown on the face of the accompanying Condensed Consolidated Statements of Income:

 

 

 

Thirteen Weeks Ended

 

 

 

August 1, 2026

 

 

August 2, 2025

 

 

 

 

 

 

(In thousands, except per share data)

 

 

 

 

Basic Net Income per Share:

 

Net
Income

 

 

Shares

 

 

Per Share
Amount

 

 

Net
Income

 

 

Shares

 

 

Per Share
Amount

 

Net income available for basic common shares
   and basic net income per share

 

$

6,259

 

 

 

27,155

 

 

$

0.23

 

 

$

19,225

 

 

 

27,339

 

 

$

0.70

 

Diluted Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,259

 

 

 

 

 

 

 

 

$

19,225

 

 

 

 

 

 

 

Conversion of stock-based compensation
   arrangements

 

 

0

 

 

 

160

 

 

 

 

 

 

0

 

 

 

116

 

 

 

 

Net income available for diluted common
   shares and diluted net income per share

 

$

6,259

 

 

 

27,315

 

 

$

0.23

 

 

$

19,225

 

 

 

27,455

 

 

$

0.70

 

 

 

 

Twenty-six Weeks Ended

 

 

 

August 1, 2026

 

 

August 2, 2025

 

 

 

 

 

 

(In thousands, except per share data)

 

 

 

 

Basic Net Income per Share:

 

Net
Income

 

 

Shares

 

 

Per Share
Amount

 

 

Net
Income

 

 

Shares

 

 

Per Share
Amount

 

Net income available for basic common shares
   and basic net income per share

 

$

631

 

 

 

27,271

 

 

$

0.02

 

 

$

28,568

 

 

 

27,286

 

 

$

1.05

 

Diluted Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

631

 

 

 

 

 

 

 

 

$

28,568

 

 

 

 

 

 

 

Conversion of stock-based compensation
   arrangements

 

 

0

 

 

 

209

 

 

 

 

 

 

0

 

 

 

184

 

 

 

 

Net income available for diluted common
   shares and diluted net income per share

 

$

631

 

 

 

27,480

 

 

$

0.02

 

 

$

28,568

 

 

 

27,470

 

 

$

1.04

 

The computation of Basic Net Income per Share is based on the weighted average number of common shares outstanding during the period. The computation of Diluted Net Income per Share is based on the weighted average number of shares outstanding plus the dilutive incremental shares that would be outstanding assuming the vesting of stock-based compensation arrangements involving restricted stock, restricted stock units and performance stock units. During the thirteen and twenty-six weeks ended August 1, 2026, approximately 227,000 and 168,000 of unvested stock-based awards, respectively, were excluded from the computation because the impact would have been anti-dilutive. During the thirteen and twenty-six weeks ended August 2, 2025, approximately 10,000 unvested stock-based awards were excluded from the computation of Diluted Net Income per Share because the impact would have been anti-dilutive.