Net Income (Loss) Per Share

12 Months Ended

Jan. 28, 2023

NET INCOME (LOSS) PER SHARE:

The following table sets forth the computation of basic and diluted net income (loss) per share shown on the face of the accompanying consolidated statements of income (loss) (in thousands, except per share amounts):


	January 28, 2023		January 29, 2022		January 30, 2021

Numerator
Net income (loss)	$	108,999	$	46,218	$	(360,144)
Net income and dividends declared allocated to participating securities	(338)		(377)		(160)
Net income (loss) available to common shareholders	$	108,661	$	45,841	$	(360,304)
Denominator
Weighted average common shares outstanding – basic	119,935		117,100		115,994
Dilutive effect of non-participating securities	4,110		5,241		—
Weighted average common and common equivalent shares outstanding – diluted	124,045		122,341		115,994
Net income (loss) per common share:
Basic	$	0.91	$	0.39	$	(3.11)
Diluted	$	0.88	$	0.37	$	(3.11)

In fiscal 2022, 2021 and 2020, 0.1 million, 0.1 million and 2.1 million of potential shares of common stock were excluded from the diluted per share calculation relating to non-participating securities, because the effect of including these potential shares was antidilutive.