| Schedule of the computations for basic and diluted earnings per common share |
The computations for basic and diluted earnings per common share were as follows for the periods presented (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 13 Weeks Ended | | 26 Weeks Ended | | | August 3, 2024 | | July 29, 2023 | | August 3, 2024 | | July 29, 2023 | | Numerator: | | | | | | | | | | Net income for earnings per common share – basic | | $ | 362,230 | | | $ | 244,331 | | | $ | 637,525 | | | $ | 548,980 | | | Effect of dilutive securities | | | | | | | | | | Interest expense associated with Convertible Senior Notes, net of tax | | — | | | — | | | — | | | 337 | | | Net income for earnings per common share – diluted | | $ | 362,230 | | | $ | 244,331 | | | $ | 637,525 | | | $ | 549,317 | | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average common shares outstanding - basic | | 80,432 | | | 84,142 | | | 80,507 | | | 83,607 | | Dilutive effect of stock-based awards | | 2,382 | | | 2,641 | | | 2,573 | | | 3,325 | | | Dilutive effect of warrants | | — | | | — | | | — | | | 508 | | | Dilutive effect of Convertible Senior Notes | | — | | | — | | | — | | | 784 | | Weighted average common shares outstanding - diluted | | 82,814 | | | 86,783 | | | 83,080 | | | 88,224 | | | | | | | | | | | | Earnings per common share: | | | | | | | | | | Basic | | $ | 4.50 | | | $ | 2.90 | | | $ | 7.92 | | | $ | 6.57 | | | Diluted | | $ | 4.37 | | | $ | 2.82 | | | $ | 7.67 | | | $ | 6.23 | | | | | | | | | | | | Stock-based awards excluded from diluted shares | | 1 | | | 312 | | | 35 | | | 222 | |
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