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Earnings Per Share
12 Months Ended
Feb. 01, 2025
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 1, 2025Feb 3, 2024Jan 28, 2023
Net earnings attributable to Guess?, Inc. $60,423 $198,199 $149,610 
Less net earnings attributable to nonvested restricted stockholders893 2,369 1,405 
Net earnings attributable to common stockholders59,530 195,830 148,205 
Remove expenses (income) related to the Notes1
(6,779)19,691 4,896 
Net earnings attributable to common stockholders used in diluted computations$52,751 $215,521 $153,101 
Weighted average common shares used in basic computations51,769 53,329 56,484 
Effect of dilutive securities:   
Stock options and restricted stock units1,095 1,332 1,639 
The Notes15,730 15,121 11,964 
Weighted average common shares used in diluted computations68,594 69,782 70,087 
Net earnings per common share attributable to common stockholders:   
Basic$1.15 $3.67 $2.62 
Diluted$0.77 $3.09 $2.18 
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1Expenses (income) 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.
Certain potentially dilutive common stock, including certain equity awards granted that were outstanding as well as shares issuable under convertible senior notes, are not included in the computation of diluted weighted average common shares and potential common shares outstanding if their effect would have been antidilutive. Antidilutive shares excluded from the computation of diluted weighted average common shares and potential common shares outstanding are:
 Year Ended
 Feb 1, 2025Feb 3, 2024Jan 28, 2023
Stock options and restricted stock units1
432,594 787,845 1,240,937 
The Notes (as converted)89,036 — — 
Total521,630 787,845 1,240,937 
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1For fiscal 2025, fiscal 2024 and fiscal 2023, potentially dilutive shares were excluded because the assumed proceeds resulted in these awards being antidilutive.
Additionally, the Company excluded 813,841, 313,648 and 484,365 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 potential common shares outstanding because these conditions were not achieved as of February 1, 2025, February 3, 2024 and January 28, 2023, respectively.
There were no warrants related to the 2024 Notes outstanding as of February 1, 2025. Warrants related to the 2028 Notes to purchase 15.9 million shares of the Company’s common stock at an adjusted strike price of $37.43 per share were outstanding as of February 1, 2025. 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 11 - Convertible Senior Notes and Related Transactions for more information regarding the Notes.