BASIC AND DILUTED WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING

12 Months Ended

Feb. 03, 2019

BASIC AND DILUTED WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING

BASIC AND DILUTED WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING

NOTE 11—BASIC AND DILUTED WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING

Basic earnings (loss) per common share is computed by dividing net income (loss) by the weighted-average common shares outstanding during the respective periods. Diluted earnings (loss) per common share is computed by dividing net income (loss) by the sum of the weighted-average common shares outstanding and all dilutive potential common shares outstanding during the respective periods.

The following basic and diluted weighted-average common shares information is provided for Holdings.

The reconciliation of basic to diluted weighted-average common shares outstanding for fiscal 2018, fiscal 2017, and fiscal 2016 is as follows (in thousands):

	Fiscal Year Ended
	February 3,	January 28,	January 29,
	2019	2018	2017
Weighted-average common shares outstanding	181,099	192,236	199,385
Effect of potentially dilutive stock plan securities	830	1,432	2,615
Diluted weighted-average common shares outstanding	181,929	193,668	202,000
Stock plan securities excluded from dilution (1)	1,924	1,967	1,856

(1) Represents stock options, restricted stock, restricted stock units, and/or performance awards (collectively “stock plan securities”) not included in the computation of diluted earnings per share because their effect would have been anti-dilutive.