Annual report pursuant to Section 13 and 15(d)

(LOSS) EARNINGS PER SHARE

v3.20.1
(LOSS) EARNINGS PER SHARE
12 Months Ended
Feb. 01, 2020
(LOSS) EARNINGS PER SHARE  
(LOSS) EARNINGS PER SHARE

5.  (LOSS) EARNINGS PER SHARE

Basic and diluted (loss) earnings per common share are computed using the actual net (loss) earnings and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our consolidated statement of (loss) earnings and the accompanying notes.  As a result, it may not be possible to recalculate (loss) earnings per common share in our consolidated statement of (loss) earnings and the accompanying notes. The following table sets forth the computation of basic and diluted (loss) earnings per common share (in thousands, except per share amounts):  

Fiscal Year

 

 

2019

    

2018

    

2017

 

Numerator

Net earnings from continuing operations

$

25,367

$

98,596

$

87,017

(Loss) earnings from discontinued operations, net of tax

 

(107,643)

 

(15,356)

 

9,686

Net (loss) earnings

$

(82,276)

$

83,240

$

96,703

Denominator

Basic weighted-average common shares outstanding

 

49,774

 

49,856

 

49,094

Dilutive effect of share-based awards

 

155

 

869

 

374

Diluted weighted-average common shares outstanding

 

49,929

 

50,725

 

49,468

Net earnings from continuing operations per common share:

Basic

$

0.51

$

1.98

$

1.77

Diluted

$

0.51

$

1.94

$

1.76

Net (loss) earnings from discontinued operations per common share:

Basic

$

(2.16)

$

(0.31)

$

0.20

Diluted

$

(2.16)

$

(0.30)

$

0.20

Net (loss) earnings per common share:

Basic

$

(1.65)

$

1.67

$

1.97

Diluted

$

(1.65)

$

1.64

$

1.95

For fiscal 2019, 2018 and 2017, 3.9 million, 0.8 million, and 1.8 million anti-dilutive shares of common stock were excluded from the calculation of diluted (loss) earnings per common share, respectively.