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Earnings Per Share (Tables)
3 Months Ended
May 01, 2021
Earnings Per Share [Abstract]  
Summary of Reconciliation of Numerator and Denominator of Basic and Diluted Income (Loss) Per Share

The following table sets forth the reconciliation of the numerator and the denominator of basic and diluted income (loss) per share for the thirteen weeks ended May 1, 2021 and May 2, 2020:

 

 

 

Thirteen Weeks Ended

 

 

 

May 1,

2021

 

 

May 2,

2020

 

 

 

(Dollars in millions except per share data)

 

Net income (loss)

 

$

15.1

 

 

$

(23.6

)

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – Basic

 

 

38,384,718

 

 

 

34,902,380

 

Effect of dilutive stock-based awards

 

 

1,322,934

 

 

 

 

Weighted-average common shares outstanding – Diluted

 

 

39,707,652

 

 

 

34,902,380

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.39

 

 

$

(0.68

)

Diluted earnings per common share

 

$

0.38

 

 

$

(0.68

)