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

9 Months Ended

Oct. 28, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic

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

	13 weeks ended				39 weeks ended
(in millions, except per share amounts)	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
Numerator:
Net income attributable to common shareholders	$	3.0	$	28.8	$	158.3	$	73.5
Denominator:
Weighted average common shares outstanding	44.7		46.1		45.1		47.1
EPS – basic	$	0.07	$	0.62	$	3.51	$	1.56

Schedule of Earnings Per Share, Diluted

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

	13 weeks ended				39 weeks ended
(in millions, except per share amounts)	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
Numerator:
Net income attributable to common shareholders	$	3.0	$	28.8	$	158.3	$	73.5
Add: Dividends on Preferred Shares	—		—		25.9		—
Numerator for diluted EPS	$	3.0	$	28.8	$	184.2	$	73.5
Denominator:
Basic weighted average common shares outstanding	44.7		46.1		45.1		47.1
Plus: Dilutive effect of share awards	0.9		2.0		1.0		2.1
Plus: Dilutive effect of Preferred Shares	—		—		8.2		—
Diluted weighted average common shares outstanding	45.6		48.1		54.3		49.2
EPS – diluted	$	0.07	$	0.60	$	3.39	$	1.49

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 antidilutive:

	13 weeks ended		39 weeks ended
(in millions)	October 28, 2023	October 29, 2022	October 28, 2023	October 29, 2022
Potential impact of Preferred Shares	8.2	8.1	—	8.1
Total antidilutive shares	8.2	8.1	—	8.1