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Earnings Per Share
 6 Months Ended
Aug. 03, 2019
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
In accordance with relevant accounting guidance, unvested share-based payment awards that include non-forfeitable rights to dividends, whether paid or unpaid, are considered participating securities. As a result, such awards are required to be included in the calculation of earnings per common share pursuant to the "two-class" method. For the Company, participating securities are comprised entirely of unvested restricted stock awards and PSUs that have met their relevant performance criteria.
Earnings per share ("EPS") is determined using the two-class method when it is more dilutive than the treasury stock method. Basic EPS excludes dilution and is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period, including participating securities. Diluted EPS reflects the dilutive effect of potential common shares from non-participating securities such as stock options, PSUs and restricted stock units.
The following table sets forth the computation of net (loss) income per basic and diluted share shown on the face of the accompanying condensed consolidated statements of (loss) income:
 
Thirteen Weeks Ended
 
Twenty-Six Weeks Ended
 
August 3, 2019
 
August 4, 2018
 
August 3, 2019
 
August 4, 2018
Numerator
 
 
 
 
 
 
 
Net (loss) income
$
(2,309
)
 
$
16,768

 
$
(284
)
 
$
45,772

Net income and dividends declared allocated to participating securities
—

 
(444
)
 
—

 
(1,169
)
Net (loss) income available to common shareholders
$
(2,309
)
 
$
16,324

 
$
(284
)
 
$
44,603

Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
114,802

 
124,730

 
114,618

 
125,003

Dilutive effect of non-participating securities
—

 
44

 
—

 
51

Weighted average common and common equivalent shares outstanding – diluted
114,802

 
124,774

 
114,618

 
125,054

Net (loss) income per common share:
 
 
 
 
 
 
 
Basic
$
(0.02
)
 
$
0.13

 
$
0.00

 
$
0.36

Diluted
$
(0.02
)
 
$
0.13

 
$
0.00

 
$
0.36


For the thirteen weeks ended August 3, 2019 and August 4, 2018, 0.8 million and 0.8 million potential shares of common stock, respectively, were excluded from the diluted per share calculation relating to non-participating securities, because the effect of including these potential shares was antidilutive.
For the twenty-six weeks ended August 3, 2019 and August 4, 2018, 0.4 million and 0.8 million potential shares of common stock, respectively, were excluded from the diluted per share calculation relating to non-participating securities, because the effect of including these potential shares was antidilutive.