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Earnings per Share (Tables)

12 Months Ended

Feb. 03, 2024

Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding

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


	Fiscal Years Ending
	February 3,		January 28,		January 29,
(In thousands)	2024		2023		2022
Numerator:
Net income and numerator for basic EPS	$	170,038	$	125,136	$	419,629
Add: Interest expense, net of tax, related to the 2025 Notes (1)		58		5,474		—
Numerator for diluted EPS	$	170,096	$	130,610	$	419,629

Denominator:
Denominator for basic EPS - weighted average shares		195,646		181,778		168,156
Add: Dilutive effect of the 2025 Notes (1)		205		21,507		34,003
Add: Dilutive effect of stock options and non-vested restricted stock		1,012		1,941		4,370
Denominator for diluted EPS - adjusted weighted average shares		196,863		205,226		206,529
Anti-dilutive shares (2)		1,289		2,182		202

(1)

In Fiscal 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.