Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.20.1
EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
May 02, 2020
EARNINGS (LOSS) PER SHARE  
Schedule of calculation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted (loss) earnings per common share (in thousands, except per share data):

13 Weeks Ended

May 2,

May 4,

2020

2019

Basic (loss) earnings per common share:

Net (loss) income

$

(63,505)

  

$

37,691

Less income related to unvested restricted shares

 

 

(39)

(Loss) income available to common shareholders - Basic

$

(63,505)

$

37,652

Weighted-average common shares outstanding - Basic

146,865

157,749

Basic (loss) earnings per common share

$

(0.43)

$

0.24

Diluted (loss) earnings per common share:

 

Net (loss) income

$

(63,505)

$

37,691

Less income related to unvested restricted shares

 

(39)

(Loss) income available to common shareholders - Diluted

$

(63,505)

$

37,652

Weighted-average common shares outstanding - Basic

146,865

157,749

Effect of dilutive stock options and restricted stock units

112

Weighted-average common shares outstanding - Diluted

146,865

157,861

Diluted (loss) earnings per common share

$

(0.43)

$

0.24