LOSS PER SHARE

3 Months Ended

May 05, 2023

Loss per share is calculated by dividing net loss for the periods presented by the respective weighted-average number of common shares outstanding, and excludes any dilutive effects of share-based awards that may be anti-dilutive. Diluted net loss per common share is computed by giving effect to all potentially dilutive common shares, including common stock issuable upon the exercise of stock options and unvested restricted common stock and restricted stock units. The Company applies the two-class method to calculate earnings per share. Because the Class A common stock and the Class B common stock share the same rights in dividends and earnings, earnings per share (basic and diluted) are the same for both classes of common stock. Since losses were incurred in all periods presented, all potential common shares were determined to be anti-dilutive.

The following table sets forth the computation of loss per common share (in thousands, except per share amounts):


	Three Months Ended
	May 5, 2023		April 29, 2022
Numerator:
Net loss	$	(30,970)	$	(21,598)
Denominator:
Weighted-average number of shares outstanding:
Basic and Diluted	85,431		83,763

Loss per common share:
Basic and Diluted	$	(0.36)	$	(0.26)

Weighted-average anti-dilutive stock options, non-vested restricted stock and restricted stock units	4,860		5,902