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Earnings Per Share | 12 Months Ended
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Jan. 29, 2023
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 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 amounts) | Net Earnings |  | Weighted Average Shares |  | Earnings Per Share
Fiscal 2022 |  |  |  |  |
Basic | $ | 1,127,904 |  |  | 68,021 |  |  | $ | 16.58 |
Effect of dilutive stock-based awards |  |  | 1,079 |  |  |
Diluted | $ | 1,127,904 |  |  | 69,100 |  |  | $ | 16.32 |
Fiscal 2021 |  |  |  |  |
Basic | $ | 1,126,337 |  |  | 74,272 |  |  | $ | 15.17 |
Effect of dilutive stock-based awards |  |  | 2,082 |  |  |
Diluted | $ | 1,126,337 |  |  | 76,354 |  |  | $ | 14.75 |
Fiscal 2020 |  |  |  |  |
Basic | $ | 680,714 |  |  | 77,260 |  |  | $ | 8.81 |
Effect of dilutive stock-based awards |  |  | 1,795 |  |  |
Diluted | $ | 680,714 |  |  | 79,055 |  |  | $ | 8.61 |
The effect of anti-dilutive stock-based awards was not material for fiscal 2022, fiscal 2021 and fiscal 2020, respectively.

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