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Earnings Per Share | 12 Months Ended
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Feb. 03, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The computation of basic and diluted net earnings per common share attributable to common stockholders is (in thousands, except per share data):
| Year Ended
| Feb 3, 2024 |  | Jan 28, 2023 |  | Jan 29, 2022
Net earnings attributable to Guess?, Inc. | $ | 198,199 |  |  | $ | 149,610 |  |  | $ | 171,363 |
Less net earnings attributable to nonvested restricted stockholders | 2,369 |  |  | 1,405 |  |  | 1,831 |
Net earnings attributable to common stockholders | 195,830 |  |  | 148,205 |  |  | 169,532 |
Add expenses related to the Notes 1 | 19,691 |  |  | 4,896 |  |  | — |
Net earnings attributable to common stockholders used in diluted computations | $ | 215,521 |  |  | $ | 153,101 |  |  | $ | 169,532 |
Weighted average common shares used in basic computations | 53,329 |  |  | 56,484 |  |  | 64,021 |
Effect of dilutive securities: |  |  |  |  |
Stock options and restricted stock units | 1,332 |  |  | 1,639 |  |  | 1,898 |
The Notes | 15,121 |  |  | 11,964 |  |  | — |
Weighted average common shares used in diluted computations | 69,782 |  |  | 70,087 |  |  | 65,919 |
Net earnings per common share attributable to common stockholders: |  |  |  |  |
Basic | $ | 3.67 |  |  | $ | 2.62 |  |  | $ | 2.65 |
Diluted | $ | 3.09 |  |  | $ | 2.18 |  |  | $ | 2.57 |
______________________________________________________________________ 1 Expenses related to the Notes include interest expenses, loss on extinguishment of debt and gain (loss) on fair value remeasurement for embedded derivative, net of associated income tax effect. For fiscal 2024, fiscal 2023 and fiscal 2022, equity awards granted for 787,845, 1,240,937 and 562,876, respectively, of the Company’s common shares were outstanding but were excluded from the computation of diluted weighted average common shares and common equivalent shares outstanding because the assumed proceeds resulted in these awards being antidilutive. The Company excluded 313,648, 484,365 and 300,000 nonvested stock units which were subject to the achievement of performance-based or market-based vesting conditions from the computation of diluted weighted average common shares and common equivalent shares outstanding because these conditions were not achieved as of February 3, 2024, January 28, 2023 and January 29, 2022, respectively. Warrants related to the 2024 Notes to purchase 2.0 million shares of the Company’s common shares at an adjusted strike price of $44.15 per share were outstanding as of February 3, 2024. Warrants related to the 2028 Notes to purchase 13.9 million shares of the Company’s common shares at an adjusted strike price of $41.37 per share were outstanding as of February 3, 2024. These warrants were excluded from the computation of diluted net earnings per share since the warrants’ strike prices were greater than the average market price of the Company’s common stock during the period. See Note 10 for more information regarding the Notes.

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