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Stockholders' Equity
9 Months Ended
Nov. 02, 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

 

 

Thirty-Nine Weeks Ended

 

 

November 2,

 

 

October 28,

 

 

November 2,

 

 

October 28,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net loss

 

$

(364

)

 

$

(1,331

)

 

$

(24,336

)

 

$

(20,258

)

Weighted average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

37,869

 

 

 

37,393

 

 

 

37,729

 

 

 

37,500

 

Dilutive effect of common stock equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

37,869

 

 

 

37,393

 

 

 

37,729

 

 

 

37,500

 

Basic loss per share

 

$

(0.01

)

 

$

(0.04

)

 

$

(0.65

)

 

$

(0.54

)

Diluted loss per share

 

$

(0.01

)

 

$

(0.04

)

 

$

(0.65

)

 

$

(0.54

)

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

 

 

685

 

 

 

483

 

 

 

665

 

 

 

354