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Earnings Per Share
 9 Months Ended
Nov. 02, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

9. Earnings Per Share

The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data):

 

 

 

For the Thirteen Weeks Ended

 

 

For the Thirty-Nine Weeks Ended

 

 

 

November 2, 2019

 

 

November 3, 2018

 

 

November 2, 2019

 

 

November 3, 2018

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common shareholders:

 

$

2,387

 

 

$

6,688

 

 

$

(89,982

)

 

$

28,431

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic:

 

 

43,838,667

 

 

 

42,953,173

 

 

 

43,653,178

 

 

 

42,674,957

 

Dilutive effect of stock options and restricted shares:

 

 

112,035

 

 

 

1,522,620

 

 

 

—

 

 

 

1,524,843

 

Weighted average number of common shares outstanding, diluted:

 

 

43,950,702

 

 

 

44,475,793

 

 

 

43,653,178

 

 

 

44,199,800

 

Net (loss) income per common share attributable to common shareholders, basic:

 

$

0.05

 

 

$

0.16

 

 

$

(2.06

)

 

$

0.67

 

Net (loss) income per common share attributable to common shareholders, diluted:

 

$

0.05

 

 

$

0.15

 

 

$

(2.06

)

 

$

0.64

 

 

The weighted average common shares for the diluted earnings per share calculation exclude the impact of outstanding equity awards if the assumed proceeds per share of the award is in excess of the related fiscal period’s average price of the Company’s common stock. Such awards are excluded because they would have an antidilutive effect. There were 4,000,014 and 3,183,761 for the thirteen and thirty-nine weeks ended November 2, 2019, and 1,083,876 and 847,600 for the thirteen and thirty-nine weeks ended November 3, 2018, such awards excluded.