Earnings Per Share

6 Months Ended

Jul. 30, 2022

The computation of basic earnings per share ("EPS") is based on the weighted-average number of common shares outstanding during the period. The computation of diluted EPS is based on the weighted-average number of shares outstanding plus the incremental shares that would be outstanding assuming exercise of dilutive stock options and issuance of restricted stock. The number of incremental shares is calculated by applying the treasury stock method. The following table sets forth the weighted-average number of common shares outstanding (in thousands):


	13-Weeks Ended		26-Weeks Ended
	July 30, 2022	July 31, 2021	July 30, 2022	July 31, 2021
Weighted-average shares used in basic computations	12,951	15,691	13,088	16,008
Dilutive equity awards	310	614	348	627
Weighted-average shares used in diluted computations	13,261	16,305	13,436	16,635

For the 13-weeks ended July 30, 2022, we excluded 66,026 options from the computations of diluted weighted-average common shares or common stock equivalents outstanding because of their anti-dilutive effect. For the 13-weeks ended July 31, 2021, no options were excluded from the computation of diluted weighted-average common shares or common share equivalents.

For the 13-weeks ended July 30, 2022, we also excluded 94,962 and 55,084 unvested stock awards granted to certain employees from the computations of diluted weighted-average common shares and common share equivalents outstanding because they are subject to certain performance-based annual vesting conditions which had not been achieved by July 30, 2022 and July 31, 2021, respectively. Assuming the performance-criteria had been achieved as of July 30, 2022 and July 31, 2021, the incremental impact would have been 5,003 shares and 17,216 shares, respectively.