Net Income Per Share (Tables)

6 Months Ended

Jul. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income per Share

The following table presents the computation of basic and diluted net income per share:

	(in thousands, except per share data)
	Three Months Ended				Six Months Ended
	July 30,		July 31,		July 30,		July 31,
	2022		2021		2022		2021
Basic net income per share
Net income	$	11,966	$	102,554	$	28,139	$	273,584
Weighted average number of common shares – basic		65,803		66,636		66,042		66,516
Net income per common share – basic	$	0.18	$	1.54	$	0.43	$	4.11
Diluted net income per share
Net income	$	11,966	$	102,554	$	28,139	$	273,584
Shares for basic and diluted net income per share:
Weighted average number of common shares – basic		65,803		66,636		66,042		66,516
Assumed exercise of stock options and vesting of restricted stock		159		660		262		711
Assumed conversion of convertible debt		—		1,152		—		1,013
Weighted average number of common shares – diluted		65,962		68,448		66,304		68,240
Net income per common share – diluted	$	0.18	$	1.50	$	0.42	$	4.01