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Earnings per Share (Tables)
9 Months Ended
Oct. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding

The following is a reconciliation between basic and diluted weighted average shares outstanding:

 

 

 

13 Weeks Ended

 

 

39 Weeks Ended

 

 

 

October 31,

 

 

November 2,

 

 

October 31,

 

 

November 2,

 

(In thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

166,185

 

 

 

167,912

 

 

 

166,385

 

 

 

170,463

 

Dilutive effect of convertible notes

 

 

16,382

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock options and non-vested

   restricted stock

 

 

1,830

 

 

 

781

 

 

 

 

 

 

1,234

 

Diluted number of common shares outstanding

 

 

184,397

 

 

 

168,693

 

 

 

166,385

 

 

 

171,697

 

Anti-Dilutive Shares*

 

 

1,423

 

 

 

1,057

 

 

 

9,250

 

 

 

595

 

      

*For the 39 weeks ended October 31, 2020, there were 1.4 million potentially dilutive equity awards and 7.8 million potentially dilutive shares from the Company’s convertible notes that were excluded from the diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive. For all other periods, anti-dilutive shares relate to stock options and unvested restricted stock.