XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Aug. 03, 2024
Jul. 29, 2023
Aug. 03, 2024
Jul. 29, 2023
Income Statement [Abstract]        
Sales $ 1,491.0 $ 1,613.6 $ 3,001.8 $ 3,281.6
Cost of sales (924.7) (1,002.8) (1,863.1) (2,038.8)
Gross margin 566.3 610.8 1,138.7 1,242.8
Selling, general and administrative expenses (498.4) (511.2) (1,013.8) (1,041.6)
Asset impairments, net (166.2) (3.8) (168.6) (5.6)
Other operating expense, net (2.6) (5.6) (7.4) (3.7)
Operating (loss) income (100.9) 90.2 (51.1) 191.9
Interest income, net 2.4 1.8 11.0 7.4
Other non-operating income (expense), net 1.6 0.3 1.8 (0.1)
(Loss) income before income taxes (96.9) 92.3 (38.3) 199.2
Income taxes (1.6) (17.2) (8.1) (26.7)
Net (loss) income (98.5) 75.1 (46.4) 172.5
Dividends on redeemable convertible preferred shares (3.0) (8.6) (95.2) (17.2)
Net (loss) income attributable to common shareholders $ (101.5) $ 66.5 $ (141.6) $ 155.3
Earnings Per Share [Abstract]        
Basic (usd per share) $ (2.28) $ 1.47 $ (3.17) $ 3.43
Diluted (usd per share) $ (2.28) $ 1.38 $ (3.17) $ 3.17
Weighted average common shares outstanding:        
Basic weighted average common shares outstanding 44.5 45.2 44.6 45.3
Diluted (in shares) 44.5 54.3 44.6 54.5