Net Income Per Share (Tables)

6 Months Ended

Aug. 03, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

The information required to compute basic and diluted net income per share is as follows:

	Three Months Ended		Six Months Ended
(Dollars and Shares in Millions, Except per Share Data)	August 3, 2024	July 29, 2023	August 3, 2024	July 29, 2023
Numerator—Net income	$66	$58	$39	$72
Denominator—Weighted-average shares:
Basic	111	110	111	110
Dilutive impact	1	1	1	1
Diluted	112	111	112	111
Net income per share:
Basic	$0.59	$0.52	$0.35	$0.65
Diluted	$0.59	$0.52	$0.35	$0.65

Schedule of Potential Shares of Common Stock Excluded From the Diluted Net Income Per Share

The following potential shares of common stock were excluded from the diluted net income per share calculation because their effect would have been anti-dilutive:

	Three Months Ended		Six Months Ended
(Shares in Millions)	August 3, 2024	July 29, 2023	August 3, 2024	July 29, 2023
Anti-dilutive shares	4	3	4	3