Earnings per Share (Tables)

9 Months Ended

Oct. 28, 2023

Earnings Per Share [Abstract]

Reconciliation Between Basic and Diluted Earnings per Share

The following is a reconciliation between basic and diluted weighted average shares outstanding:

	13 Weeks Ended				39 Weeks Ended
(In thousands)	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
Numerator:
Net income and numerator for basic EPS	$	96,700	$	81,272	$	163,722	$	70,547
Add: Interest expense, net of tax, related to the 2025 Notes (1)		-		529		58		4,897
Numerator for diluted EPS	$	96,700	$	81,801	$	163,780	$	75,444
Denominator:
Denominator for basic EPS - weighted average shares		195,343		186,305		195,467		178,637
Add: Dilutive effect of the 2025 Notes (1)		—		8,418		278		27,280
Add: Dilutive effect of stock options and non-vested restricted stock		3,024		1,053		2,224		1,582
Denominator for diluted EPS - adjusted weighted average shares		198,367		195,776		197,969		207,499
Anti-dilutive shares (2)		1,816		4,221		1,861		2,390

(1) During the 39 weeks ended October 29, 2022, the Company adopted ASU 2020-06. The Company utilizes the "if-converted" method of calculating diluted EPS. Refer to Note 2 to the Consolidated Financial Statements for additional information regarding the impact of the adoption of ASU 2020-06.

(2) For all periods presented, anti-dilutive shares relate to stock options and unvested restricted stock.