v3.20.1
Earnings Per Share
12 Months Ended
Feb. 01, 2020
Earnings Per Share [Abstract]  
Computation of Net Income (Loss) per Common Share
14.    Earnings Per Share
Basic net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding during the period. Potentially dilutive securities include stock options and unvested restricted stock outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be antidilutive. A net loss from continuing operations causes all potentially dilutive securities to be antidilutive. We have certain undistributed stock awards that participate in dividends on a nonforfeitable basis, however, their impact on earnings per share under the two-class method is negligible.
A reconciliation of shares used in calculating basic and diluted net income per common share is as follows (in millions, except per share data):
 
 
Fiscal Year
 
 
2019
 
2018
 
2017
Weighted-average common shares outstanding
 
87.5

 
102.1

 
101.4

Dilutive effect of stock options and restricted stock awards
 

 

 
0.1

Weighted-average diluted common shares
 
87.5

 
102.1

 
101.5


 
 
 
 
 
 
Anti-dilutive stock options and restricted stock awards
 
2.1

 
1.7

 
2.0