Earnings Per Share

9 Months Ended

Nov. 01, 2025

Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding, plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding restricted stock units.

The components of basic and diluted earnings per share were as follows (in thousands, except per share data):


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	November 1, 2025		November 2, 2024		November 1, 2025		November 2, 2024
Numerator:
Net loss from continuing operations	$	(12,365)	$	(13,332)	$	(35,334)	$	(13,409)
Income (loss) from discontinued operations, net of income tax	—		532		(15,163)		(1,806)

Net loss	$	(12,365)	$	(12,800)	$	(50,497)	$	(15,215)



Denominator:
Weighted-average number of common shares (basic)	27,937		28,074		27,984		29,339
Dilutive effect of stock-based awards	—		—		—		—
Weighted-average number of common shares (diluted)	27,937		28,074		27,984		29,339

Basic net loss per share:
Continuing operations	$	(0.44)	$	(0.47)	$	(1.26)	$	(0.46)
Discontinued operations	$	—	$	0.01	$	(0.54)	$	(0.06)
Basic net loss per share	$	(0.44)	$	(0.46)	$	(1.80)	$	(0.52)
Diluted net loss per share:
Continuing operations	$	(0.44)	$	(0.47)	$	(1.26)	$	(0.46)
Discontinued operations	$	—	$	0.01	$	(0.54)	$	(0.06)
Diluted net loss per share	$	(0.44)	$	(0.46)	$	(1.80)	$	(0.52)

For the thirteen and thirty-nine weeks ended November 1, 2025 and November 2, 2024, all potential common shares were excluded from the diluted share calculation because they were anti-dilutive due to the net loss in the period.