NET INCOME (LOSS) PER SHARE

3 Months Ended

May 04, 2024

NET INCOME (LOSS) PER SHARE

NET INCOME (LOSS) PER SHARE

NOTE 13—NET INCOME (LOSS) PER SHARE

The weighted-average shares used for net income (loss) per share are presented in the table below.

	THREE MONTHS ENDED
	MAY 4,		APRIL 29,
	2024(1)		2023
Weighted-average shares—basic		18,324,454	22,047,029
Effect of dilutive stock-based awards		—	1,504,784
Effect of dilutive convertible senior notes		—	206,975
Weighted-average shares—diluted		18,324,454	23,758,788

(1) As we reported a net loss for the three months ended May 4, 2024, the weighted-average shares outstanding for basic and diluted are the same for the corresponding period.

The following number of options and restricted stock units, as well as shares issuable under convertible senior notes prior to extinguishment, were excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive:

	THREE MONTHS ENDED
		MAY 4,	APRIL 29,
		2024	2023
Options		3,018,757	1,109,768
Restricted stock units		13,162	16,694
Convertible senior notes		198,223	—