Earnings (Loss) Per Share |
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Earnings (Loss) Per Share | 7. EARNINGS (LOSS) PER SHARE Earnings per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings per share is based on the weighted average number of common shares outstanding for the period. Diluted earnings per share is based on the weighted average number of common shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock and are considered only for dilutive earnings per share unless considered anti-dilutive. The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation is as follows:
The computation of diluted loss per share excluded (0.4) million of unvested restricted stock for the three months ended July 28, 2024, because their inclusion would be anti-dilutive due to a net loss. The computation of diluted loss per share excluded (0.2) million and (0.0) million of unvested restricted stock for the six months ended August 3, 2025 and July 28, 2024, because their inclusion would be anti-dilutive due to a net loss. |