XML 24 R14.htm IDEA: XBRL DOCUMENT v3.23.3
Note 9 - Income Per Share
9 Months Ended
Oct. 28, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

9. Income per Share

 

The following table sets forth the computation of basic and diluted net income per share (in thousands, except share and per share data):

 

  

Thirteen weeks ended

  

Thirty-nine weeks ended

 
  

October 28,

  

October 29,

  

October 28,

  

October 29,

 
  

2023

  

2022

  

2023

  

2022

 

NUMERATOR:

                

Net income

 $7,586  $7,455  $30,532  $27,475 
                 

DENOMINATOR:

                

Weighted average number of common shares outstanding - basic

  14,362,702   14,542,947   14,413,308   15,097,816 

Dilutive effect of share-based awards:

  76,093   217,639   150,666   314,314 

Weighted average number of common shares outstanding - dilutive

  14,438,795   14,760,586   14,563,974   15,412,130 
                 

Basic net income per common share

 $0.53  $0.51  $2.12  $1.82 

Diluted net income per common share

 $0.53  $0.51  $2.10  $1.78 

 

In calculating the diluted income per share for the thirteen and thirty-nine weeks ended October 28, 2023, there were zero and 43,673 shares of common stock, respectively, that were outstanding at the end of the period that were not included in the computation of diluted income per share due to their anti-dilutive effect. For the thirteen and thirty-nine weeks ended October 29, 2022, there were 9,071 and 106,770 shares of common stock, respectively, that were outstanding at the end of the period that were not included in the computation of diluted income per share due to their anti-dilutive effect.