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Earnings Per Share (Tables)
6 Months Ended
Jul. 29, 2023
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 loss per share and the stock-based awards excluded from the calculation of diluted loss per share because their effect would have been antidilutive for the thirteen and twenty-six weeks ended July 29, 2023 and July 30, 2022:

 

 

Thirteen Weeks Ended

 

 

Twenty-Six Weeks Ended

 

 

 

July 29,
2023

 

 

July 30,
2022

 

 

July 29,
2023

 

 

July 30,
2022

 

 

 

(In millions except per share data)

 

Net (loss)

 

$

(73.3

)

 

$

(56.9

)

 

$

(127.5

)

 

$

(92.0

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic

 

 

41.7

 

 

 

40.7

 

 

 

41.5

 

 

 

40.7

 

Effect of dilutive stock-based awards

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – diluted

 

 

41.7

 

 

 

40.7

 

 

 

41.5

 

 

 

40.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) per common share

 

$

(1.76

)

 

$

(1.40

)

 

$

(3.07

)

 

$

(2.26

)

Diluted (loss) per common share

 

$

(1.76

)

 

$

(1.40

)

 

$

(3.07

)

 

$

(2.26

)

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive stock-based awards excluded from diluted calculation

 

 

9.3

 

 

 

4.5

 

 

 

8.6

 

 

 

4.4