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Earnings Per Share (Tables)
12 Months Ended
Jan. 29, 2022
Earnings Per Share [Abstract]  
Summary of Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share and Stock-based Awards Excluded from Calculation of Diluted Earnings Per Share

The following table sets forth the reconciliation of the numerator and the denominator of basic and diluted income (loss) per share for fiscal 2022, fiscal 2021 and fiscal 2020:

 

 

 

Fiscal Year Ended

 

 

 

January 29,
2022

 

 

January 30,
2021

 

 

February 1,
2020

 

 

 

(Dollars in millions except per share data)

 

Net income (loss)

 

$

56.7

 

 

$

212.3

 

 

$

(546.6

)

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic

 

 

40,805,319

 

 

 

34,902,380

 

 

 

34,882,306

 

Effect of dilutive stock-based awards

 

 

1,270,667

 

 

 

896,111

 

 

 

 

Weighted-average common shares outstanding – diluted

 

 

42,075,986

 

 

 

35,798,491

 

 

 

34,882,306

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

1.39

 

 

$

6.08

 

 

$

(15.67

)

Diluted earnings (loss) per common share

 

$

1.35

 

 

$

5.93

 

 

$

(15.67

)

 

 

 

 

 

 

 

 

 

 

Antidilutive stock-based awards excluded from diluted calculation

 

 

1,424,463

 

 

 

1,179,568

 

 

 

2,267,855