Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.20.2
EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Aug. 01, 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

26 Weeks Ended

August 1,

August 3,

August 1,

August 3,

2020

2019

2020

2019

Basic (loss) earnings per common share:

Net (loss) income

$

(7,757)

$

24,547

$

(71,262)

  

$

62,238

Less income related to unvested restricted shares

 

 

(29)

 

 

(68)

(Loss) income available to common shareholders - Basic

$

(7,757)

$

24,518

$

(71,262)

$

62,170

Weighted-average common shares outstanding - Basic

147,296

157,272

147,080

157,511

Basic (loss) earnings per common share

$

(0.05)

$

0.16

$

(0.48)

$

0.39

Diluted (loss) earnings per common share:

 

 

Net (loss) income

$

(7,757)

$

24,547

$

(71,262)

$

62,238

Less income related to unvested restricted shares

 

(29)

 

(68)

(Loss) income available to common shareholders - Diluted

$

(7,757)

$

24,518

$

(71,262)

$

62,170

Weighted-average common shares outstanding - Basic

147,296

157,272

147,080

157,511

Effect of dilutive stock options and restricted stock units

1

24

Weighted-average common shares outstanding - Diluted

147,296

157,273

147,080

157,535

Diluted (loss) earnings per common share

$

(0.05)

$

0.16

$

(0.48)

$

0.39