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Earnings Per Share (Tables)
9 Months Ended
Oct. 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 earnings (loss) per share and the stock-based awards excluded from the calculation of diluted earnings (loss) per share because their effect would have been antidilutive for the thirteen and thirty-nine weeks ended October 29, 2022 and October 30, 2021:

 

 

 

Thirteen Weeks Ended

 

 

Thirty-Nine Weeks Ended

 

 

 

October 29,
2022

 

 

October 30,
2021

 

 

October 29,
2022

 

 

October 30,
2021

 

 

 

(In millions except per share data)

 

Net income (loss)

 

$

(17.5

)

 

$

22.8

 

 

$

(109.5

)

 

$

43.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic

 

 

40.8

 

 

 

41.7

 

 

 

40.7

 

 

 

40.8

 

Effect of dilutive stock-based awards

 

 

 

 

 

1.4

 

 

 

 

 

 

1.3

 

Weighted-average common shares outstanding – diluted

 

 

40.8

 

 

 

43.1

 

 

 

40.7

 

 

 

42.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

(0.43

)

 

$

0.55

 

 

$

(2.69

)

 

$

1.06

 

Diluted earnings (loss) per common share

 

$

(0.43

)

 

$

0.53

 

 

$

(2.69

)

 

$

1.02

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive stock-based awards excluded from diluted calculation

 

 

4.5

 

 

 

1.6

 

 

 

4.5

 

 

 

1.4