Earnings Per Common Share (Table)

6 Months Ended

Aug. 03, 2024

Earnings Per Share [Abstract]

Schedule of the computations for basic and diluted earnings per common share

The computations for basic and diluted earnings per common share were as follows for the periods presented (in thousands, except per share data):

	13 Weeks Ended				26 Weeks Ended
	August 3, 2024		July 29, 2023		August 3, 2024		July 29, 2023
Numerator:
Net income for earnings per common share – basic	$	362,230	$	244,331	$	637,525	$	548,980
Effect of dilutive securities
Interest expense associated with Convertible Senior Notes, net of tax	—		—		—		337
Net income for earnings per common share – diluted	$	362,230	$	244,331	$	637,525	$	549,317
Denominator:
Weighted average common shares outstanding - basic	80,432		84,142		80,507		83,607
Dilutive effect of stock-based awards	2,382		2,641		2,573		3,325
Dilutive effect of warrants	—		—		—		508
Dilutive effect of Convertible Senior Notes	—		—		—		784
Weighted average common shares outstanding - diluted	82,814		86,783		83,080		88,224
Earnings per common share:
Basic	$	4.50	$	2.90	$	7.92	$	6.57
Diluted	$	4.37	$	2.82	$	7.67	$	6.23
Stock-based awards excluded from diluted shares	1		312		35		222