Earnings (Loss) Per Share

9 Months Ended

Nov. 01, 2020

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

7.    EARNINGS (LOSS) PER SHARE

Earnings (loss) per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings (loss) per share is based on the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is based on the weighted average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock and are considered only for dilutive earnings (loss) per share unless considered anti-dilutive. The reconciliation of the numerator and denominator of the basic and diluted earnings (loss) per share calculation is as follows:

	Three Months Ended				Nine Months Ended
	November 1, 2020		November 3, 2019		November 1, 2020		November 3, 2019
(in thousands, except per share data)
Numerator - net income (loss) attributable to ‎ controlling interest	$	940	$	182	$	(8,254)	$	(5,453)
Denominator - weighted average shares ‎   (Class A and Class B)
Basic		32,476		32,322		32,431		32,299
Dilutive shares		130		—		—		—
Diluted		32,606		32,322		32,431		32,299
Earnings (loss) per share (Class A and Class B)
Basic	$	0.03	$	0.01	$	(0.25)	$	(0.17)
Diluted	$	0.03	$	0.01	$	(0.25)	$	(0.17)

The computation of diluted earnings (loss) per share excluded (0.1) million shares of unvested restricted stock for the three months ended November 3, 2019, because their inclusion would be anti-dilutive due to the amount of forfeitures. The computation of diluted earnings (loss) per share excluded 0.1 million shares of unvested restricted stock for both the nine months ended November 1, 2020 and November 3, 2019 because their inclusion would be anti-dilutive due to a net loss.