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Earnings Per Share
12 Months Ended
Feb. 03, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Data

11.  Earnings per Share

Basic earnings per share has been computed based upon the weighted average of Class A and Class B common shares outstanding. As no stock options or other dilutive securities were outstanding during any of the respective periods, the calculation of basic and dilutive earnings per share are the same.

Earnings per common share has been computed as follows:

    

Fiscal 2023

    

Fiscal 2022

    

Fiscal 2021

(in thousands, except per share data)

    

Basic

    

Diluted

    

Basic

    

Diluted

    

Basic

    

Diluted

Net earnings available for per-share calculation

$

738,847

$

738,847

$

891,637

$

891,637

$

862,473

$

862,473

Average shares of common stock outstanding

 

16,517

16,517

 

17,549

 

17,549

 

20,592

 

20,592

Dilutive effect of stock-based compensation

 

 

 

 

 

 

Total average equivalent shares

 

16,517

 

16,517

 

17,549

 

17,549

 

20,592

 

20,592

Per share of common stock:

 

  

 

  

 

  

 

  

 

  

 

  

Net income

$

44.73

$

44.73

$

50.81

$

50.81

$

41.88

$

41.88

3.