Earnings Per Share

6 Months Ended

Aug. 03, 2024

Basic net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding during the period. Potentially dilutive securities include stock options, unvested restricted stock and unvested restricted stock units outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be anti-dilutive. A net loss from continuing operations causes all potentially dilutive securities to be anti-dilutive.

The following table presents a reconciliation of shares used in calculating basic and diluted net loss per common share:


	Three Months Ended		Six Months Ended
	August 3, 2024	July 29, 2023	August 3, 2024	July 29, 2023
Weighted-average common shares outstanding	386.4	304.8	346.2	304.7
Dilutive effect of restricted stock awards	0.8	—	—	—
Weighted-average diluted common shares	387.2	304.8	346.2	304.7

Anti-dilutive shares:
Restricted stock units	1.9	4.0	2.7	4.0