Earnings (loss) per common share (EPS) (Tables)

6 Months Ended

Aug. 01, 2020

Earnings Per Share [Abstract]

Schedule of earnings per share, basic

The computation of basic EPS is outlined in the table below:

	13 weeks ended				26 weeks ended
(in millions, except per share amounts)	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
Numerator:
Net income (loss) attributable to common shareholders	$	(90.0)	$	(44.3)	$	(295.3)	$	(62.5)
Denominator:
Weighted average common shares outstanding	52.0		51.7		51.9		51.6
EPS – basic	$	(1.73)	$	(0.86)	$	(5.69)	$	(1.21)

Schedule of earnings per share, diluted

The computation of diluted EPS is outlined in the table below:

	13 weeks ended				26 weeks ended
(in millions, except per share amounts)	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
Numerator:
Net income (loss) attributable to common shareholders	$	(90.0)	$	(44.3)	$	(295.3)	$	(62.5)
Denominator:
Weighted average common shares outstanding	52.0		51.7		51.9		51.6
EPS – diluted	$	(1.73)	$	(0.86)	$	(5.69)	$	(1.21)

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		26 weeks ended
(in millions)	August 1, 2020	August 3, 2019	August 1, 2020	August 3, 2019
Share awards	1.7	1.4	1.4	1.4
Potential impact of preferred shares	7.7	7.2	7.7	7.2
Total anti-dilutive shares	9.4	8.6	9.1	8.6