Net Income (Loss) Per Share

9 Months Ended

Oct. 29, 2022

NET (LOSS) INCOME PER SHARE

Net (loss) income per basic and diluted share attributable to A&F is computed based on the weighted-average number of outstanding shares of Class A Common Stock (“Common Stock”). Additional information pertaining to net (loss) income per share attributable to A&F follows:


	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
(in thousands)	October 29, 2022	October 30, 2021	October 29, 2022	October 30, 2021
Shares of Common Stock issued	103,300	103,300	103,300	103,300
Weighted-average treasury shares	(53,814)	(44,504)	(52,627)	(42,421)
Weighted-average — basic shares	49,486	58,796	50,673	60,879
Dilutive effect of share-based compensation awards	—	2,669	—	2,891
Weighted-average — diluted shares	49,486	61,465	50,673	63,770
Anti-dilutive shares (1)	4,199	1,228	4,285	1,212

(1)Reflects the total number of shares related to outstanding share-based compensation awards that have been excluded from the computation of net (loss) income per diluted share because the impact would have been anti-dilutive. Unvested shares related to restricted stock units with performance-based and market-based vesting conditions can achieve up to 200% of their target vesting amount and are reflected at the maximum vesting amount less any dilutive portion.