Net Income Per Share (Tables)

6 Months Ended

Aug. 03, 2019

Earnings Per Share [Abstract]

Schedule of Weighted Average Shares Used for Net Income per Share

The weighted-average shares used for net income per share are as follows:

	Three Months Ended		Six Months Ended
	August 3,	August 4,	August 3,	August 4,
	2019	2018	2019	2018
Weighted-average shares—basic	18,465,876	21,925,702	19,221,367	21,735,364
Effect of dilutive stock-based awards	3,858,236	5,158,591	4,165,391	4,421,897
Effect of dilutive convertible senior notes (1)	—	412,268	242,292	206,134
Weighted-average shares—diluted	22,324,112	27,496,561	23,629,050	26,363,395

(1) The 2019 Notes, 2020 Notes and 2023 Notes have an impact on the Company’s dilutive share count beginning at stock prices of $116.09 per share, $118.13 per share and $193.65 per share, respectively. The 2019 Notes matured on June 15, 2019 and did not have an impact of the Company’s dilutive share count post-maturity.

Anti-Dilutive Securities Excluded from Diluted Net Income per Share

The following number of options and restricted stock units were excluded from the calculation of diluted net income per share because their inclusion would have been anti-dilutive:

	Three Months Ended		Six Months Ended
	August 3,	August 4,	August 3,	August 4,
	2019	2018	2019	2018
Options	717,627	209,441	590,567	347,978
Restricted stock units	—	—	—	5,250
Total anti-dilutive stock-based awards	717,627	209,441	590,567	353,228