Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.23.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
Income Statement [Abstract]      
Net sales $ 651,545 $ 498,239 $ 320,738
Cost of merchandise sold 305,719 224,894 145,966
Gross profit 345,826 273,345 174,772
Operating expenses      
Selling, general and administration expenses 216,103 161,967 111,354
Advertising and marketing 79,864 65,078 41,925
Depreciation and amortization 10,842 7,859 6,613
Total operating expenses 306,809 234,904 159,892
Operating income 39,017 38,441 14,880
Interest expense, net (117) (179) (67)
Net income before taxes 38,900 38,262 14,813
(Provision for) benefit from income taxes (10,658) 7,638 (86)
Net income $ 28,242 $ 45,900 $ 14,727
Net income per common share:      
Basic (in dollars per share) $ 1.86 $ 3.04 $ 1.01
Diluted (in dollars per share) $ 1.77 $ 2.86 $ 0.96
Weighted average number of common shares outstanding:      
Basic (in shares) 15,198,754 15,107,958 14,610,617
Diluted (in shares) 15,955,668 16,058,111 15,332,998