Basic EPS is computed by dividing net income by the basic weighted-average number of shares outstanding. Diluted EPS is computed similarly to basic EPS, except the weighted-average number of shares outstanding is increased to include the dilutive effect of outstanding stock-based awards. The dilutive effect of outstanding stock-based awards is computed using the treasury stock method.

The following table provides a reconciliation of the weighted-average number of shares outstanding used to compute basic and diluted EPS for the periods presented:


	Three Months Ended		Nine Months Ended
	October 31, 2025	November 1, 2024	October 31, 2025	November 1, 2024
	(in millions)
Basic weighted-average number of shares outstanding	45.9	49.4	46.7	50.6
Dilutive common share equivalents - stock options and other stock-based awards	0.2	0.4	0.2	0.5
Diluted weighted-average number of shares outstanding	46.1	49.8	46.9	51.1

Antidilutive stock awards excluded from the weighted-average number of shares outstanding used to compute diluted EPS for the three and nine months ended October 31, 2025 and November 1, 2024 were immaterial.

The Company declared and paid a quarterly dividend of $0.37 per share of its common stock during the three months ended October 31, 2025.