NET INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Nov. 02, 2024

NET INCOME (LOSS) PER SHARE

Schedule of weighted-average shares used for net income per share

	THREE MONTHS ENDED			NINE MONTHS ENDED
	NOVEMBER 2,		OCTOBER 28,	NOVEMBER 2,		OCTOBER 28,
	2024		2023(1)	2024		2023
Weighted-average shares—basic		18,534,815	18,371,545		18,439,159		20,459,241
Effect of dilutive stock-based awards		1,359,065	—		1,359,757		1,545,988
Effect of dilutive convertible senior notes(2)		87,131	—		161,192		202,584
Weighted-average shares—diluted		19,981,011	18,371,545		19,960,108		22,207,813

(1) As we reported a net loss for the three months ended October 28, 2023, the weighted-average shares outstanding for basic and diluted are the same for the corresponding period.

(2) The dilutive effect of the 2023 Notes and 2024 Notes is calculated under the if-converted method, which assumes share settlement of the entire convertible debt instrument. The 2023 Notes and 2024 Notes matured in June 2023 and September 2024, respectively, and did not have an impact on our diluted share count post-maturity. Refer to Note 9—Convertible Senior Notes.

Schedule of anti-dilutive securities excluded from diluted net income per Share

	THREE MONTHS ENDED			NINE MONTHS ENDED
	NOVEMBER 2,		OCTOBER 28,	NOVEMBER 2,		OCTOBER 28,
	2024		2023	2024		2023
Options		1,938,194	2,999,409		1,830,068		1,275,183
Restricted stock units		11,176	16,547		11,904		15,705
Convertible senior notes		—	198,223		—		—