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

12 Months Ended

Jan. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic

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

(in millions, except per share amounts)	Fiscal 2021		Fiscal 2020		Fiscal 2019
Numerator:
Net income (loss) attributable to common shareholders	$	(48.7)	$	72.6	$	(690.3)
Denominator:
Weighted average common shares outstanding	52.0		51.7		54.7
EPS – basic	$	(0.94)	$	1.40	$	(12.62)

Schedule of Earnings Per Share, Diluted

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

(in millions, except per share amounts)	Fiscal 2021		Fiscal 2020		Fiscal 2019
Numerator:
Net income (loss) attributable to common shareholders	$	(48.7)	$	72.6	$	(690.3)
Numerator for diluted EPS	$	(48.7)	$	72.6	$	(690.3)
Denominator:
Weighted average common shares outstanding	52.0		51.7		54.7
Plus: Dilutive effect of share awards	—		0.1		—
Diluted weighted average common shares outstanding	52.0		51.8		54.7
EPS – diluted	$	(0.94)	$	1.40	$	(12.62)

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.

(in millions)	Fiscal 2021	Fiscal 2020	Fiscal 2019
Share awards	1.8	0.9	1.1
Potential impact of preferred shares	7.8	7.6	7.1
Total anti-dilutive shares	9.6	8.5	8.2