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Note 9 - Income Per Share
9 Months Ended
Nov. 02, 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

  

Thirty-nine weeks ended

 
  

November 2,

  

October 28,

  

November 2,

  

October 28,

 
  

2024

  

2023

  

2024

  

2023

 

NUMERATOR:

                

Net income

 $9,870  $7,586  $30,107  $30,532 
                 

DENOMINATOR:

                

Weighted average number of common shares outstanding - basic

  13,425,332   14,362,702   13,672,416   14,413,308 

Dilutive effect of share-based awards:

  36,651   76,093   40,045   150,666 

Weighted average number of common shares outstanding - dilutive

  13,461,983   14,438,795   13,712,461   14,563,974 
                 

Basic net income per common share

 $0.74  $0.53  $2.20  $2.12 

Diluted net income per common share

 $0.73  $0.53  $2.20  $2.10 

 

In calculating the diluted income per share for the thirteen and thirty-nine weeks ended November 2, 2024, there were 1,141 and 29,288 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 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.