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Note 9 - Income Per Share
9 Months Ended
Nov. 01, 2025
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 1,

  

November 2,

  

November 1,

  

November 2,

 
  

2025

  

2024

  

2025

  

2024

 

NUMERATOR:

                

Net income

 $8,122  $9,870  $35,808  $30,107 
                 

DENOMINATOR:

                

Weighted average number of common shares outstanding - basic

  13,010,074   13,425,332   13,067,330   13,672,416 

Dilutive effect of share-based awards:

  41,449   36,651   41,047   40,045 

Weighted average number of common shares outstanding - dilutive

  13,051,523   13,461,983   13,108,377   13,712,461 
                 

Basic net income per common share

 $0.62  $0.74  $2.74  $2.20 

Diluted net income per common share

 $0.62  $0.73  $2.73  $2.20 

 

In calculating the diluted income per share for the thirteen and thirty-nine weeks ended November 1, 2025, respectively, there were no and 23,753 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. For the thirteen and thirty-nine weeks ended November 2, 2024, respectively, there were 1,141 and 29,288 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.