NET INCOME PER COMMON SHARE

3 Months Ended

May 05, 2013

Notes to Financial Statements [Abstract]

NET INCOME PER COMMON SHARE

NET (LOSS) INCOME PER COMMON SHARE

In 2012, the Company utilized the two-class method of calculating basic net (loss) income per common share, as holders of the Company’s Series A convertible preferred stock participated in dividends with holders of the Company’s common stock prior to the conversion in 2012 of such convertible preferred stock into common stock. Net losses were not allocated to holders of the Series A convertible preferred stock.

The Company computed its basic and diluted net (loss) income per common share as follows:

	Thirteen Weeks Ended
	5/5/13			4/29/12
Net (loss) income attributable to PVH Corp.	$	(20,052	)	$	95,476
Less:
Common stock dividends paid to holders of Series A convertible preferred stock	—			(209		)
Allocation of income to Series A convertible preferred stock	—			(4,345		)
Net (loss) income available to common stockholders for basic net (loss) income per common share	(20,052		)	90,922
Add back:
Common stock dividends paid to holders of Series A convertible preferred stock	—			209
Allocation of income to Series A convertible preferred stock	—			4,345
Net (loss) income available to common stockholders for diluted net (loss) income per common share	$	(20,052	)	$	95,476
Weighted average common shares outstanding for basic net (loss) income per common share	79,970			68,539
Weighted average impact of dilutive securities	—			1,588
Weighted average impact of assumed convertible preferred stock conversion	—			3,475
Total shares for diluted net (loss) income per common share	79,970			73,602
Basic net (loss) income per common share attributable to PVH Corp.	$	(0.25	)	$	1.33
Diluted net (loss) income per common share attributable to PVH Corp.	$	(0.25	)	$	1.30

Potentially dilutive securities excluded from the calculation of diluted net (loss) income per common share were as follows:

	Thirteen Weeks Ended
	5/5/13	4/29/12
Weighted average potentially dilutive securities	3,685	254

Contingently issuable shares that have not met the necessary conditions as of the end of a reporting period are not included in the calculation of diluted net (loss) income per common share for that period. The Company had contingently issuable awards outstanding that did not meet the performance conditions as of May 5, 2013 and April 29, 2012 and, therefore, were excluded from the calculation of diluted net (loss) income per common share for the thirteen weeks endedMay 5, 2013 and April 29, 2012. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 193 and 686 as of May 5, 2013 and April 29, 2012, respectively. These amounts were also excluded from the computation of weighted average antidilutive securities.