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Income Per Common Share
 12 Months Ended
Jan. 28, 2023
Earnings Per Share [Abstract]  
Income Per Common Share Income Per Common Share
Basic income per common share amounts are calculated using the weighted-average number of common shares outstanding for the period. Diluted income per common share amounts are calculated using the weighted-average number of common shares outstanding for the period and include the dilutive impact of exercised stock options as well as assumed vesting of restricted stock awards and shares currently available for purchase under the Company's Employee Stock Purchase Plan, using the treasury stock method. Performance-based restricted stock units are considered contingently issuable shares for diluted income per common share purposes and the dilutive impact, if any, is not included in the weighted-average shares until the performance conditions are met. The dilutive impact, if any, for performance-based restricted stock units, which are subject to market conditions based on the Company's total shareholder return relative to a pre-defined peer group, are included in the weighted average shares.
The following table reconciles net income and the weighted average common shares outstanding used in the computations of basic and diluted income per common share (in thousands, except for share and per share data):
 
Fiscal Year
 202320222021
Numerator:
Net income$301,106 $261,528 $278,810 
Denominator:
Weighted average common shares outstanding - basic55,487,252 55,547,267 55,999,713 
Dilutive impact of options, restricted stock units, and employee stock purchase plan134,367 198,012 304,141 
Weighted average common shares outstanding - diluted55,621,619 55,745,279 56,303,854 
Per common share:
Basic income per common share$5.43 $4.71 $4.98 
Diluted income per common share$5.41 $4.69 $4.95 

The effects of the assumed vesting of restricted stock units outstanding as of February 3, 2024, January 28, 2023 and January 29, 2022 for 19,152, 72,043 and 9,781 shares of common stock, respectively, were excluded from the fiscal 2023, fiscal 2022 and fiscal 2021 calculation of diluted income per common share as their impact would have been anti-dilutive.
The aforementioned excluded shares do not reflect the impact of any incremental repurchases under the treasury stock method.