Net Income (Loss) Per Share (Tables)

3 Months Ended

May 05, 2018

Schedule of Weighted Average Shares Used for Net Income (Loss) per Share

The weighted-average shares used for net income (loss) per share is presented in the table below. As the Company was in a net loss position for the three months ended April 29, 2017, the weighted-average shares outstanding for basic and diluted are the same.

	Three Months Ended
	May 5,		April 29,
	2018		2017
Weighted-average shares—basic		21,545,025		37,609,516
Effect of dilutive stock-based awards		3,685,203		—
Effect of dilutive convertible senior notes⁽¹⁾		—		—
Weighted-average shares—diluted		25,230,228		37,609,516

(1)	The 2019 Notes and 2020 Notes will have an impact on the Company’s dilutive share count beginning at stock prices of $116.09 per share and $118.13 per share, respectively.

Anti-Dilutive Securities Excluded from Diluted Net Income (Loss) per Share

The following number of options and restricted stock units were excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive:

	Three Months Ended
	May 5,		April 29,
	2018		2017
Options		486,516		8,221,249
Restricted stock units		10,500		1,029,740
Total anti-dilutive stock-based awards		497,016		9,250,989