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Earnings Per Share
3 Months Ended
May 04, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6

Earnings Per Share

Weighted-average number of shares used to calculate earnings per share are as follows:

 

 

 

Three Months Ended

 

(Shares in thousands)

 

May 4, 2024

 

 

April 29, 2023

 

Weighted-average number of shares - basic

 

 

10,930

 

 

 

11,818

 

Common stock equivalents

 

 

-

 

 

 

-

 

Weighted-average number of shares - diluted

 

 

10,930

 

 

 

11,818

 

Common stock equivalents of 0.2 million shares are excluded for each of the three months ended May 4, 2024 and April 29, 2023 due to the loss from continuing operations because to do so would be anti-dilutive.

We did not repurchase any shares during the first quarter of Fiscal 2025. We have $52.1 million remaining as of May 4, 2024 under our expanded share repurchase authorization announced in June 2023. We repurchased 255,000 shares during the first quarter of Fiscal 2024 at a cost of $9.2 million, or $35.96 per share.

During the second quarter of Fiscal 2025, through June 12, 2024, we have repurchased 7,700 shares at a cost of $0.2 million, or $24.90 per share.