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Earnings Per Share
3 Months Ended
May 03, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6

Earnings Per Share

Weighted-average number of shares used to calculate earnings per share are as follows:

 

 

 

Three Months Ended

 

 

(Shares in thousands)

 

May 3, 2025

 

 

May 4, 2024

 

 

Weighted-average number of shares - basic

 

 

10,495

 

 

 

10,930

 

 

Common stock equivalents

 

 

-

 

 

 

-

 

 

Weighted-average number of shares - diluted

 

 

10,495

 

 

 

10,930

 

 

Common stock equivalents of 0.2 million shares are excluded for each of the three months ended May 3, 2025 and May 4, 2024 due to the loss from continuing operations in both periods.

We repurchased 604,531 shares of our common stock during the first quarter of Fiscal 2026 at a cost of $12.6 million, or an average of $20.79 per share. We have $29.8 million remaining as of May 3, 2025 under our expanded share repurchase authorization announced in June 2023. We did not repurchase any shares of our common stock during the first quarter of Fiscal 2025. During the second quarter of Fiscal 2026, through June 11, 2025, we have not repurchased any shares of our common stock.