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Equity and Earnings per Share (Tables)
9 Months Ended
Oct. 28, 2023
Earnings Per Share [Abstract]  
Reconciliation of Number of Shares Outstanding for Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:

 

 

For the three months ended

 

 

For the nine months ended

 

 

 

October 28, 2023

 

 

October 29, 2022

 

 

October 28, 2023

 

 

October 29, 2022

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

 

60,169

 

 

 

62,016

 

 

 

61,612

 

 

 

62,928

 

Common stock equivalents – stock options, restricted stock units and deferred stock

 

 

3,295

 

 

 

4,213

 

 

 

3,383

 

 

 

4,178

 

Diluted weighted average common shares outstanding

 

 

63,464

 

 

 

66,229

 

 

 

64,995

 

 

 

67,106

 

Potential Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period, because the exercise price of such options was greater than the average market price per share of common stock for the respective periods or because the unearned compensation associated with stock options or restricted stock units had an anti-dilutive effect.

 

 

 

For the three months ended

 

 

For the nine months ended

 

 

 

October 28, 2023

 

 

October 29, 2022

 

 

October 28, 2023

 

 

October 29, 2022

 

(in thousands, except exercise prices)

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

104

 

 

 

31

 

 

 

99

 

 

 

256

 

Restricted stock units

 

 

41

 

 

 

55

 

 

 

17

 

 

 

65

 

Range of exercise prices of such options

 

$4.48-$6.59

 

 

$4.48 - $6.59

 

 

$4.48 - $6.59

 

 

$4.48 - $6.59