Earnings Per Common Share (Table)

9 Months Ended

Nov. 02, 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				39 Weeks Ended
	November 2, 2024		October 28, 2023		November 2, 2024		October 28, 2023
Numerator:
Net income for earnings per common share – basic	$	227,813	$	201,106	$	865,338	$	750,086
Effect of dilutive securities
Interest expense associated with Convertible Senior Notes, net of tax	—		—		—		337
Net income for earnings per common share – diluted	$	227,813	$	201,106	$	865,338	$	750,423
Denominator:
Weighted average common shares outstanding - basic	80,404		81,772		80,473		82,995
Dilutive effect of stock-based awards	2,372		2,519		2,506		3,057
Dilutive effect of warrants	—		—		—		338
Dilutive effect of Convertible Senior Notes	—		—		—		523
Weighted average common shares outstanding - diluted	82,776		84,291		82,979		86,913
Earnings per common share:
Basic	$	2.83	$	2.46	$	10.75	$	9.04
Diluted	$	2.75	$	2.39	$	10.43	$	8.63
Stock-based awards excluded from diluted shares	2		302		24		249