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Note 9 - Income Per Share
6 Months Ended
Aug. 03, 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

  

Twenty-six weeks ended

 
  

August 3,

  

July 29,

  

August 3,

  

July 29,

 
  

2024

  

2023

  

2024

  

2023

 

NUMERATOR:

                

Net income

 $8,778  $8,338  $20,237  $22,946 
                 

DENOMINATOR:

                

Weighted average number of common shares outstanding - basic

  13,665,958   14,419,365   13,795,958   14,438,611 

Dilutive effect of share-based awards:

  19,842   81,606   49,351   191,478 

Weighted average number of common shares outstanding - dilutive

  13,685,801   14,500,971   13,845,309   14,630,089 
                 

Basic net income per common share

 $0.64  $0.58  $1.47  $1.59 

Diluted net income per common share

 $0.64  $0.57  $1.46  $1.57 

 

In calculating the diluted income per share for the twenty-six weeks ended August 3, 2024 and July 29, 2023, respectively, there were 8,199 and 56,191 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.