Earnings (Loss) Per Share Attributable to Common Stockholders

6 Months Ended

May 30, 2021

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				Six Months Ended
	May 30, 2021		May 24, 2020		May 30, 2021		May 24, 2020

	(Dollars in thousands, except per share amounts)
Numerator:
Net income	$	64,719	$	(363,549)	$	207,223	$	(210,860)
Denominator:
Weighted-average common shares outstanding - basic	401,964,569		397,484,849		400,771,248		396,832,024
Dilutive effect of stock awards	10,138,272		—		9,873,215		—
Weighted-average common shares outstanding - diluted	412,102,841		397,484,849		410,644,463		396,832,024
Earnings (loss) per common share attributable to common stockholders:
Basic	$	0.16	$	(0.91)	$	0.52	$	(0.53)
Diluted	$	0.16	$	(0.91)	$	0.50	$	(0.53)
Anti-dilutive securities excluded from calculation of diluted earnings (loss) per share attributable to common stockholders	565,147		—		877,617		—

Diluted net earnings (loss) per common share attributable to Levi Strauss & Co. for the three and six months ended May 24, 2020 excluded all potentially dilutive securities because there was a net loss for the periods 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 26.8 million shares for the three and six months ended May 24, 2020.