NOTE 11—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 and six months ended July 29, 2017, the weighted-average shares outstanding for basic and diluted are the same.

	Three Months Ended				Six Months Ended
	August 4,		July 29,		August 4,		July 29,
	2018		2017		2018		2017
Weighted-average shares—basic		21,925,702		28,398,307		21,735,364		35,667,217
Effect of dilutive stock-based awards		5,158,591		—		4,421,897		—
Effect of dilutive convertible senior notes⁽¹⁾		412,268		—		206,134		—
Weighted-average shares—diluted		27,496,561		28,398,307		26,363,395		35,667,217

(1)	The 2019 Notes, 2020 Notes and 2023 Notes have an impact on the Company’s dilutive share count beginning at stock prices of $116.09 per share, $118.13 per share and $193.65 per share, respectively.

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				Six Months Ended
	August 4,		July 29,		August 4,		July 29,
	2018		2017		2018		2017
Options		209,441		8,997,210		347,978		8,997,210
Restricted stock units		—		838,377		5,250		838,377
Total anti-dilutive stock-based awards		209,441		9,835,587		353,228		9,835,587