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Earnings per Share (Tables)
3 Months Ended
May 03, 2025
Earnings Per Share [Abstract]  
Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding

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

 

 

 

13 Weeks Ended

 

(In thousands)

 

May 3, 2025

 

 

May 4, 2024

 

Weighted average common shares outstanding:

 

 

 

 

 

 

Basic number of common shares outstanding:

 

 

179,548

 

 

 

196,429

 

Dilutive effect of stock options and non-vested restricted stock*

 

 

 

 

 

4,881

 

Diluted number of common shares outstanding

 

 

179,548

 

 

 

201,310

 

Anti-Dilutive Shares*

 

 

2,939

 

 

 

239

 

 

*For the 13 weeks ended May 3, 2025, there were 1.8 million potentially dilutive equity awards that were excluded from diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive.

Dilutive and anti-dilutive shares related to share-based compensation.