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Earnings Per Share
 12 Months Ended
Jan. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed as net earnings divided by the weighted-average number of common shares outstanding for the period. Diluted earnings per share is computed as net earnings divided by the weighted-average number of common shares outstanding and common stock equivalents outstanding for the period using the treasury stock method. Common stock equivalents consist of shares subject to stock-based awards to the extent their inclusion would be dilutive.
The following is a reconciliation of net earnings and the number of shares used in the basic and diluted earnings per share computations:
(In thousands, except per share amounts)Net EarningsWeighted-Average SharesEarnings
Per Share
Fiscal 2023
Basic
$949,762 64,574 $14.71 
Effect of dilutive stock-based awards698 
Diluted
$949,762 65,272 $14.55 
Fiscal 2022
Basic
$1,127,904 68,021 $16.58 
Effect of dilutive stock-based awards1,079 
Diluted
$1,127,904 69,100 $16.32 
Fiscal 2021
Basic
$1,126,337 74,272 $15.17 
Effect of dilutive stock-based awards2,082 
Diluted
$1,126,337 76,354 $14.75 
The effect of anti-dilutive stock-based awards was not material for fiscal 2023, fiscal 2022 and fiscal 2021, respectively.