Earnings (Loss) Per Share Attributable to Common Stockholders

9 Months Ended

Aug. 23, 2020

Earnings Per Share [Abstract]

Earnings Per Share Attributable to Common Stockholders

EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

The following table sets forth the computation of the Company's basic and diluted earnings (loss) per share:

	Three Months Ended				Nine Months Ended
	August 23, 2020		August 25, 2019		August 23, 2020		August 25, 2019
	(Dollars in thousands, except per share amounts)
Numerator:
Net income (loss) attributable to Levi Strauss & Co.	$	27,049	$	124,509	$	(183,811)	$	299,316
Denominator:
Weighted-average common shares outstanding - basic	397,711,322		394,169,688		397,010,522		387,289,913
Dilutive effect of stock awards	9,966,063		19,470,061		—		20,554,223
Weighted-average common shares outstanding - diluted	407,677,385		413,639,749		397,010,522		407,844,136
Earnings (loss) per common share attributable to common stockholders:
Basic	$	0.07	$	0.32	$	(0.46)	$	0.77
Diluted	$	0.07	$	0.30	$	(0.46)	$	0.73
Anti-dilutive securities excluded from calculation of diluted earnings (loss) per share attributable to common stockholders	3,214,295		—		—		—

Diluted net earnings (loss) per common share attributable to Levi Strauss & Co. for the nine months ended August 23, 2020 excluded all potentially dilutive securities because there was a net loss for the period and, as such, the inclusion of these securities would have been anti-dilutive. Potentially dilutive securities excluded from the calculation of diluted earnings (loss) per common share were 25.8 million shares for the nine months ended August 23, 2020