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Earnings Per Share
12 Months Ended
Jan. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share 7.  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. The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation is as follows:

Fiscal Year Ended

January 28, 2024

January 29, 2023

(in thousands, except per share data)

Numerator - net (loss) income attributable to controlling interest

$

(9,356)

$

2,304

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

Basic

32,955

32,772

Dilutive shares

219

Diluted

32,955

32,991

Earnings per share (Class A and Class B)

Basic

$

(0.28)

$

0.07

Diluted

$

(0.28)

$

0.07

The computation of diluted loss per share excluded 0.4 million shares of unvested restricted stock for the fiscal year ended January 28, 2024, respectively, because their inclusion would be anti-dilutive due to a net loss.