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Note 9 - Net Income Per Share
 3 Months Ended
May 04, 2024
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

 
  

May 4,

  

April 29,

 
  

2024

  

2023

 

NUMERATOR:

        

Net income

 $11,459  $14,608 
         

DENOMINATOR:

        

Weighted average number of common shares outstanding - basic

  13,925,957   14,457,858 

Dilutive effect of share-based awards:

  80,443   517,072 

Weighted average number of common shares outstanding - dilutive

  14,006,400   14,974,930 
         

Basic net income per common share

 $0.82  $1.01 

Diluted net income per common share

 $0.82  $0.98 

 

In calculating the diluted income per share for the thirteen weeks ended May 4, 2024 and April 29, 2023, respectively, there were 8,199 and 9,069 shares of common stock 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.