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Earnings per Share (Tables)
6 Months Ended
Aug. 01, 2020
Earnings Per Share [Abstract]  
Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding

The following is a reconciliation between basic and diluted weighted average shares outstanding:

 

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

 

 

August 1,

 

 

August 3,

 

 

August 1,

 

 

August 3,

 

(In thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

166,315

 

 

 

170,756

 

 

 

166,461

 

 

 

172,291

 

Dilutive effect of stock options and non-vested

   restricted stock*

 

 

 

 

 

1,025

 

 

 

 

 

 

1,410

 

Diluted number of common shares outstanding

 

 

166,315

 

 

 

171,781

 

 

 

166,461

 

 

 

173,701

 

Anti-Dilutive Shares*

 

 

8,235

 

 

 

768

 

 

 

4,670

 

 

 

434

 

      

*For each of the 13 and 26 weeks ended August 1, 2020, there were 1.2 million potentially dilutive equity awards that were excluded from the diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive.

For each of the 13 and 26 weeks ended August 1, 2020, there were 7.0 million and 3.5 million potentially dilutive shares from the Company’s convertible notes, respectively, that were excluded from the diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive.