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Stockholders' Equity
 6 Months Ended
Aug. 03, 2024
Earnings Per Share [Abstract]  
Stockholders' Equity

(10) Stockholders’ Equity

Earnings per Share

Basic earnings per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share represents basic earnings per share adjusted to include the potentially dilutive effect of nonvested share awards and nonvested share unit awards.

 

The following table sets forth the computation of basic and diluted earnings per share for the periods presented:

 

 

Thirteen Weeks Ended

 

 

Twenty-Six Weeks Ended

 

 

August 3,

 

 

July 29,

 

 

August 3,

 

 

July 29,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net loss

 

$

(5,906

)

 

$

(3,288

)

 

$

(23,972

)

 

$

(18,927

)

Weighted average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

37,751

 

 

 

37,498

 

 

 

37,659

 

 

 

37,546

 

Dilutive effect of common stock equivalents

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0

 

Diluted

 

 

37,751

 

 

 

37,498

 

 

 

37,659

 

 

 

37,546

 

Basic loss per share

 

$

(0.16

)

 

$

(0.09

)

 

$

(0.64

)

 

$

(0.50

)

Diluted loss per share

 

$

(0.16

)

 

$

(0.09

)

 

$

(0.64

)

 

$

(0.50

)

Restricted stock units considered anti-dilutive and excluded in the calculation

 

 

705

 

 

 

570

 

 

 

642

 

 

 

359