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Earnings Per Share (Tables)
6 Months Ended
Jul. 31, 2021
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 per share and the stock-based awards excluded from the calculation of diluted earnings per share because their effect would have been antidilutive for the thirteen and twenty-six weeks ended July 31, 2021 and August 1, 2020:

 

 

 

Thirteen Weeks Ended

 

 

Twenty-Six Weeks Ended

 

 

 

July 31,

2021

 

 

August 1,

2020

 

 

July 31,

2021

 

 

August 1,

2020

 

 

 

(Dollars in millions except per share data)

 

Net income

 

$

5.2

 

 

$

149.9

 

 

$

20.3

 

 

$

126.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – Basic

 

 

42,159,899

 

 

 

34,902,380

 

 

 

40,272,308

 

 

 

34,902,380

 

Effect of dilutive stock-based awards

 

 

1,501,518

 

 

 

1,006,173

 

 

 

1,413,636

 

 

 

593,882

 

Weighted-average common shares outstanding – Diluted

 

 

43,661,417

 

 

 

35,908,553

 

 

 

41,685,944

 

 

 

35,496,262

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.12

 

 

$

4.29

 

 

$

0.50

 

 

$

3.62

 

Diluted earnings per common share

 

$

0.12

 

 

$

4.17

 

 

$

0.49

 

 

$

3.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive stock-based awards excluded from diluted calculation

 

 

667,967

 

 

 

1,179,568

 

 

 

1,368,431

 

 

 

1,800,485