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(Loss) Earnings Per Share
6 Months Ended
Jul. 30, 2023
(Loss) Earnings Per Share [Abstract]  
(Loss) Earnings Per Share 7.    (LOSS) EARNINGS PER SHARE

Earnings per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings per share is based on the weighted average number of common shares outstanding for the period. Diluted earnings per share is based on the weighted average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock and are considered only for dilutive earnings per share unless considered anti-dilutive. The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation is as follows:

Three Months Ended

Six Months Ended

July 30, 2023

July 31, 2022

July 30, 2023

July 31, 2022

(in thousands, except per share data)

Numerator - net (loss) income attributable to
controlling interest

$

(2,004)

$

2,368

$

(5,873)

$

1,074

Denominator - weighted average shares
   (Class A and Class B)

Basic

32,952

32,766

32,912

32,732

Dilutive shares

178

Diluted

32,952

32,766

32,912

32,910

(Loss) earnings per share (Class A and Class B)

Basic

$

(0.06)

$

0.07

$

(0.18)

$

0.03

Diluted

$

(0.06)

$

0.07

$

(0.18)

$

0.03

The computation of diluted (loss) earnings per share excluded (0.2) million and 0.4 million shares of unvested restricted stock for the three and six months ended July 30, 2023, respectively, because their inclusion would be anti-dilutive due to a net loss.

The computation of diluted (loss) earnings per share excluded (0.1) million of unvested restricted stock for the three months ended July 31, 2022, because the inclusion of dilutive potential common shares outstanding would be anti-dilutive.