Earnings per Share (Tables)

6 Months Ended

Jul. 31, 2021

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				26 Weeks Ended
	July 31,		August 1,		July 31,		August 1,
(In thousands)	2021		2020		2021		2020
Weighted average common shares outstanding:
Basic number of common shares outstanding		167,491		166,315		168,036		166,461
Dilutive effect of convertible notes		36,367		—		35,083		—
Dilutive effect of stock options and non-vested restricted stock		5,075		—		5,281		—
Diluted number of common shares outstanding		208,933		166,315		208,400		166,461
Anti-Dilutive Shares*		130		8,235		130		4,670

*For each of the 13 and 26 weeks ended August 1, 2020, there were 1.2 million potentially dilutive equity awards that were excluded from diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive. For each of the 13 and 26 weeks ended August 1, 2020, there were 7.0 million and 3.5 million potentially dilutive shares from the Notes, respectively, 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.