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Net Income (Loss) per Common Share
 3 Months Ended
Apr. 30, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) per Common Share

Note 5 – Net Income (Loss) per Common Share

 

Basic net income (loss) per common share has been computed using the weighted average number of common shares outstanding during each period. Diluted net income per share, when applicable, is computed using the weighted average number of common shares and potential dilutive common shares, consisting of unvested restricted stock awards and stock options outstanding during the period. In addition, all share based payments outstanding that vest based on the achievement of performance and/or market price conditions, and for which the respective performance and/or market price conditions have not been achieved, have been excluded from the diluted per share calculation. Approximately 510,800 shares of common stock have been excluded from the diluted net income per share calculation for the three months ended April 30, 2016. For the three months ended April 30, 2017 and 2016, 14,275 and 19,200 shares of common stock, respectively, were issued in connection with the exercise or vesting of equity awards.

 

The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income (loss) per share:

 

    Three Months Ended
April 30,		  
    2017     2016  
       
Net income (loss) attributable to G-III   $ (10,391 )   $ 2,771  
Basic net income (loss) per share:                
Basic common shares     48,648       45,549  
Basic net income (loss) per share   $ (0.21 )   $ 0.06  
                 
Diluted net income (loss) per share:                
Basic common shares     48,648       45,549  
Diluted restricted stock awards and stock options     —       1,393  
Diluted common shares     48,648       46,942  
Diluted net income (loss) per share   $ (0.21 )   $ 0.06