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Earnings (loss) per common share (“EPS”) (Tables)
3 Months Ended
May 04, 2019
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic
The computation of basic EPS is outlined in the table below:
 
 
13 weeks ended
(in millions, except per share amounts)
 
May 4, 2019
 
May 5, 2018
Numerator:
 
 
 
 
Net income (loss) attributable to common shareholders
 
$
(18.2
)
 
$
(504.8
)
Denominator:
 
 
 
 
Weighted average common shares outstanding
 
51.6

 
59.5

EPS – basic
 
$
(0.35
)
 
$
(8.48
)
Schedule of earnings per share, diluted
The computation of diluted EPS is outlined in the table below:
 
 
13 weeks ended
(in millions, except per share amounts)
 
May 4, 2019
 
May 5, 2018
Numerator:
 
 
 
 
Net income (loss) attributable to common shareholders
 
$
(18.2
)
 
$
(504.8
)
Numerator for diluted EPS
 
$
(18.2
)
 
$
(504.8
)
 
 
 
 
 
Denominator:
 
 
 
 
Weighted average common shares outstanding
 
51.6

 
59.5

Diluted weighted average common shares outstanding
 
51.6

 
59.5

 
 
 
 
 
EPS – diluted
 
$
(0.35
)
 
$
(8.48
)
Schedule of antidilutive securities excluded from computation of earnings per share
The calculation of diluted EPS excludes the following items for each respective period on the basis that their effect would be anti-dilutive.
 
 
13 weeks ended
(in millions)
 
May 4, 2019
 
May 5, 2018
Share awards
 
1.1

 
0.5

Potential impact of preferred shares
 
7.2

 
6.8

Total anti-dilutive shares
 
8.3

 
7.3