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Earnings per Share, Basic and Diluted (Tables)
12 Months Ended
Jan. 29, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 

 

 

Fiscal Year Ended

 

 

 

January 29, 2022

 

 

January 30, 2021

 

 

February 1, 2020

 

Net income

 

$

119,289

 

 

$

76,227

 

 

$

66,881

 

Weighted average common shares for basic earnings per share

 

 

24,187

 

 

 

24,942

 

 

 

25,200

 

Dilutive effect of stock options and restricted stock

 

 

406

 

 

 

456

 

 

 

335

 

Weighted average common shares for diluted earnings per share

 

 

24,593

 

 

 

25,398

 

 

 

25,535

 

Basic earnings per share

 

$

4.93

 

 

$

3.06

 

 

$

2.65

 

Diluted earnings per share

 

$

4.85

 

 

$

3.00

 

 

$

2.62