XML 60 R45.htm IDEA: XBRL DOCUMENT
v3.22.4

Earnings (loss) per common share ("EPS") (Tables) | 12 Months Ended
--- | ---
Jan. 28, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic | The computation of basic EPS is outlined in the table below:
(in millions, except per share amounts) | Fiscal 2023 |  | Fiscal 2022 |  | Fiscal 2021
Numerator: |  |  |  |  |
Net income (loss) attributable to common shareholders | $ | 342.2 |  |  | $ | 735.4 |  |  | $ | (48.7) |
Denominator: |  |  |  |  |
Weighted average common shares outstanding | 46.6 |  |  | 52.5 |  |  | 52.0 |
EPS – basic | $ | 7.34 |  |  | $ | 14.01 |  |  | $ | (0.94) |
Schedule of Earnings Per Share, Diluted | The computation of diluted EPS is outlined in the table below:
(in millions, except per share amounts) | Fiscal 2023 |  | Fiscal 2022 |  | Fiscal 2021
Numerator: |  |  |  |  |
Net income (loss) attributable to common shareholders | $ | 342.2 |  |  | $ | 735.4 |  |  | $ | (48.7) |
Add: Dividends on preferred shares | 34.5 |  |  | 34.5 |  |  | — |
Numerator for diluted EPS | $ | 376.7 |  |  | $ | 769.9 |  |  | $ | (48.7) |
Denominator: |  |  |  |  |
Weighted average common shares outstanding | 46.6 |  |  | 52.5 |  |  | 52.0 |
Plus: Dilutive effect of share awards (1) | 2.0 |  |  | 2.5 |  |  | — |
Plus: Dilutive effect of preferred shares | 8.1 |  |  | 8.0 |  |  | — |
Diluted weighted average common shares outstanding | 56.7 |  |  | 63.0 |  |  | 52.0 |
EPS – diluted | $ | 6.64 |  |  | $ | 12.22 |  |  | $ | (0.94) |
(1) For Fiscal 2023 and Fiscal 2022, the estimated dilutive effect of share awards includes 0.9 million and 2.0 million of contingently issuable PSUs, respectively. No such contingently issuable PSUs were included in the dilutive effect for Fiscal 2021.
Schedule of antidilutive securities excluded from computation of earnings per share | The calculation of diluted EPS excludes the following items for each respective period on the basis that their effect would be anti-dilutive.
(in millions) | Fiscal 2023 |  | Fiscal 2022 |  | Fiscal 2021
Share awards | — |  |  | — |  |  | 1.8 |
Potential impact of preferred shares | — |  |  | — |  |  | 7.8 |
Potential impact of accelerated share repurchase | — |  |  | 0.6 |  |  | — |
Total anti-dilutive shares | — |  |  | 0.6 |  |  | 9.6 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration