Net Income (Loss) Per Share

3 Months Ended

Apr. 29, 2023

NET INCOME (LOSS) PER SHARE

Net income (loss) per basic and diluted share attributable to A&F is computed based on the weighted-average number of outstanding shares of Class A Common Stock (“Common Stock”). Additional information pertaining to net income (loss) per share attributable to A&F follows:


	Thirteen Weeks Ended
(in thousands)	April 29, 2023	April 30, 2022
Shares of Common Stock issued	103,300	103,300
Weighted-average treasury shares	(53,726)	(51,223)
Weighted-average — basic shares	49,574	52,077
Dilutive effect of share-based compensation awards	1,893	—
Weighted-average — diluted shares	51,467	52,077
Anti-dilutive shares (1)	2,834	3,598

(1)Reflects the total number of shares related to outstanding share-based compensation awards that have been excluded from the computation of net income (loss) per diluted share because the impact would have been anti-dilutive. Unvested shares related to restricted stock units with performance-based and market-based vesting conditions can achieve up to 200% of their target vesting amount and are reflected at the maximum vesting amount less any dilutive portion.