Net Income Per Share (Tables)

12 Months Ended

Jan. 30, 2021

Net Income Per Share

Schedule of Weighted Average Shares Used for Net Income per Share

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

	YEAR ENDED
	JANUARY 30,	FEBRUARY 1,	FEBRUARY 2,
	2021	2020	2019
Weighted-average shares—basic	19,668,976	19,082,303	21,613,678
Effect of dilutive stock-based awards	5,470,980	4,554,682	4,567,303
Effect of dilutive convertible senior notes (1)	2,162,312	662,049	352,244
Weighted-average shares—diluted	27,302,268	24,299,034	26,533,225

(1) The 2019 Notes, 2020 Notes, 2023 Notes and 2024 Notes have an impact on our dilutive share count beginning at stock prices of $116.09 per share, $118.13 per share, $193.65 per share and $211.40 per share, respectively. The 2019 Notes matured on June 15, 2019 and did not have an impact of our dilutive share count post-maturity. The 2020 Notes matured on July 15, 2020 and did not have an impact on our dilutive share count post-termination. The warrants associated with our 2019 Notes, 2020 Notes, 2023 Notes and 2024 Notes have an impact on our dilutive share count beginning at stock prices of $171.98 per share, $189.00 per share, $309.84 per share and $338.24 per share, respectively. The warrants associated with our 2019 Notes and 2020 Notes expired through December 2019 and January 2021, respectively.

Anti-Dilutive Securities Excluded from Diluted Net Income per Share

	YEAR ENDED
	JANUARY 30,	FEBRUARY 1,	FEBRUARY 2,
	2021	2020	2019
Options	389,830	360,496	351,145
Restricted stock units	316	—	2,625
Total anti-dilutive stock-based awards	390,146	360,496	353,770