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EARNINGS PER SHARE
 6 Months Ended
Aug. 01, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding and common stock equivalents outstanding for the period. Common stock equivalents consist of shares subject to stock-based awards with exercise prices less than or equal to the average market price of our common stock for the period, to the extent their inclusion would be dilutive.

The following is a reconciliation of net earnings and the number of shares used in the basic and diluted earnings per share computations:
In thousands, except per share amountsNet EarningsWeighted
Average Shares		Earnings
Per Share
Thirteen weeks ended August 1, 2021
Basic$246,070 74,786 $3.29 
Effect of dilutive stock-based awards1,798 
Diluted$246,070 76,584 $3.21 
Thirteen weeks ended August 2, 2020
Basic$134,564 77,783 $1.73 
Effect of dilutive stock-based awards1,481 
Diluted$134,564 79,264 $1.70 
Twenty-six weeks ended August 1, 2021
Basic$473,872 75,293 $6.29 
Effect of dilutive stock-based awards2,223 
Diluted$473,872 77,516 $6.11 
Twenty-six weeks ended August 2, 2020
Basic$169,987 77,522 $2.19 
Effect of dilutive stock-based awards1,319 
Diluted$169,987 78,841 $2.16 

Stock-based awards of 8,000 and 15,000 were excluded from the computation of diluted earnings per share for the thirteen and twenty-six weeks ended August 1, 2021, respectively, as their inclusion would be anti-dilutive. Stock-based awards of 2,000 and 4,000 were excluded from the computation of diluted earnings per share for the thirteen and twenty-six weeks ended August 2, 2020, respectively, as their inclusion would be anti-dilutive.