Earnings Per Share ("EPS")

9 Months Ended

Jan. 28, 2023

The following is a reconciliation of the net income (loss) and common share amounts used in the calculation of basic and diluted EPS for the three and nine months ended January 28, 2023 and January 29, 2022:


	Net income (loss)		Shares	Per share (loss) income
For the three months ended January 28, 2023
Basic earnings per share	$	3,713	45,387	$	0.08
Dilution associated with stock compensation plans	—		61	—
Diluted earnings per share	$	3,713	45,448	$	0.08
For the three months ended January 29, 2022
Basic and diluted (loss) earnings per share	$	(4,350)	45,223	$	(0.10)

Diluted (loss) earnings per share	$	(4,350)	45,223	$	(0.10)
For the nine months ended January 28, 2023
Basic and diluted (loss) earnings per share	$	(14,597)	45,320	$	(0.32)

Diluted (loss) earnings per share	$	(14,597)	45,320	$	(0.32)
For the nine months ended January 29, 2022
Basic earnings per share	$	1,709	45,263	$	0.04
Dilution associated with stock compensation plans	—		179	—
Diluted earnings per share	$	1,709	45,442	$	0.04

Options outstanding to purchase 2,102 shares of common stock with a weighted average exercise price of $7.13 for the three months ended January 28, 2023 and 2,216 shares of common stock with a weighted average exercise price of $8.17 for the three months ended January 29, 2022 were not included in the computation of diluted earnings per share because the effects would be anti-dilutive.

Options outstanding to purchase 2,089 shares of common stock with a weighted average exercise price of $7.59 for the nine months ended January 28, 2023 and 1,857 shares of common stock with a weighted average exercise price of $9.26 for the nine months ended January 29, 2022 were not included in the computation of diluted earnings per share because the effects would be anti-dilutive.