NET (LOSS) INCOME PER COMMON SHARE

6 Months Ended

Aug. 02, 2020

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


	Thirteen Weeks Ended						Twenty-Six Weeks Ended
(In millions, except per share data)	8/2/20		8/4/19		8/2/20		8/4/19

Net (loss) income attributable to PVH Corp.	$	(51.4)	$	193.5	$	(1,148.2)	$	275.5

Weighted average common shares outstanding for basic net (loss) income per common share	71.1		74.8		71.2		75.0
Weighted average impact of dilutive securities	—		0.3		—		0.5

Total shares for diluted net (loss) income per common share	71.1		75.1		71.2		75.5

Basic net (loss) income per common share attributable to PVH Corp.	$	(0.72)	$	2.59	$	(16.12)	$	3.67

Diluted net (loss) income per common share attributable to PVH Corp.	$	(0.72)	$	2.58	$	(16.12)	$	3.65

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

Thirteen Weeks Ended

Twenty-Six Weeks Ended

(In millions)

8/2/20

8/4/19

8/2/20

8/4/19

Weighted average potentially dilutive securities

2.2

1.3

2.1

0.9

Diluted net loss per common share attributable to PVH Corp. for the thirteen and twenty-six weeks ended August 2, 2020 excluded all potentially dilutive securities because there was a net loss attributable to PVH Corp. for the periods and, as such, the inclusion of these securities would have been anti-dilutive.

Shares underlying contingently issuable awards 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 PSU awards outstanding that did not meet the performance conditions as of August 4, 2019 and, therefore, were excluded from the calculation of diluted net (loss) income per common share for the thirteen and twenty-six weeks ended August 4, 2019. The maximum number of potentially dilutive shares that could be issued upon vesting for these PSU awards was 0.4 million as of both August 2, 2020 and August 4, 2019. These amounts were also excluded from the computation of weighted average potentially dilutive securities in the table above.