EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

May 02, 2020

EARNINGS (LOSS) PER SHARE

Schedule of calculation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted (loss) earnings per common share (in thousands, except per share data):

	13 Weeks Ended
	May 2,		May 4,
	2020		2019
Basic (loss) earnings per common share:
Net (loss) income	$	(63,505)	$	37,691
Less income related to unvested restricted shares		—		(39)
(Loss) income available to common shareholders - Basic	$	(63,505)	$	37,652
Weighted-average common shares outstanding - Basic		146,865		157,749
Basic (loss) earnings per common share	$	(0.43)	$	0.24
Diluted (loss) earnings per common share:
Net (loss) income	$	(63,505)	$	37,691
Less income related to unvested restricted shares		—		(39)
(Loss) income available to common shareholders - Diluted	$	(63,505)	$	37,652
Weighted-average common shares outstanding - Basic		146,865		157,749
Effect of dilutive stock options and restricted stock units		—		112
Weighted-average common shares outstanding - Diluted		146,865		157,861
Diluted (loss) earnings per common share	$	(0.43)	$	0.24