NET (LOSS) EARNINGS PER SHARE

3 Months Ended

Apr. 30, 2022

NET (LOSS) EARNINGS PER SHARE

7. NET (LOSS) EARNINGS PER SHARE

Basic Net (loss) earnings per share (“EPS”) amounts are calculated by dividing the Net (loss) income for the period attributable to ordinary equity holders by the weighted average number of ordinary shares outstanding during the period. Diluted EPS amounts are calculated by dividing the Net (loss) income attributable to ordinary equity holders by the weighted average number of ordinary shares outstanding during the period plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares, unless these would be anti‑dilutive.

The following reflects the Net (loss) income and share data used in the basic and diluted EPS computations:

	For the three-months ended
	April 30,			May 1,
	2022			2021
	$			$
Net (loss) income for basic EPS		(1,974	)		3,221
Weighted average number of shares outstanding:
Basic		26,426,055			26,296,690
Fully diluted		26,426,055			27,400,840
Net (loss) earnings per share:
Basic		(0.07	)		0.12
Fully diluted		(0.07	)		0.12