Earnings (Loss) Per Common Share (“EPS”) (Tables)

3 Months Ended

Apr. 30, 2022

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)	April 30, 2022		May 1, 2021
Numerator:
Net income (loss) attributable to common shareholders	$	(92.1)	$	129.8
Denominator:
Weighted average common shares outstanding	48.8		52.1
EPS – basic	$	(1.89)	$	2.49

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)	April 30, 2022		May 1, 2021
Numerator:
Net income (loss) attributable to common shareholders	$	(92.1)	$	129.8
Add: Dividends on Preferred Shares	—		8.6
Numerator for diluted EPS	$	(92.1)	$	138.4
Denominator:
Basic weighted average common shares outstanding	48.8		52.1
Plus: Dilutive effect of share awards	—		1.9
Plus: Dilutive effect of preferred shares	—		8.0
Diluted weighted average common shares outstanding	48.8		62.0
EPS – diluted	$	(1.89)	$	2.23

Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share

	13 weeks ended
(in millions)	April 30, 2022	May 1, 2021
Share awards	2.4	—
Potential impact of preferred shares	8.0	—
Total anti-dilutive shares	10.4	—