Net Income (Loss) Per Share

3 Months Ended

May 03, 2025

NET INCOME PER SHARE

Net income per basic and diluted share attributable to A&F is computed based on the weighted-average number of outstanding shares of A&F’s Class A Common Stock, $0.01 par value (“Common Stock”). The following table provides additional information pertaining to net income per share attributable to A&F for the thirteen weeks ended May 3, 2025 and May 4, 2024:


	Thirteen Weeks Ended
(in thousands)	May 3, 2025	May 4, 2024
Shares of Common Stock issued	103,300	103,300
Weighted-average treasury shares	(54,086)	(52,407)
Weighted-average — basic shares	49,214	50,893
Dilutive effect of share-based compensation awards	1,420	2,383
Weighted-average — diluted shares	50,634	53,276
Anti-dilutive shares (1)	894	436

(1)Reflects the total number of shares related to outstanding share-based compensation awards that have been excluded from the computation of net income 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 achieved from zero up to 200% of their target vesting amount and are reflected at the maximum vesting amount less any dilutive portion.