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NET INCOME PER COMMON SHARE
12 Months Ended
Feb. 01, 2026
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE NET INCOME PER COMMON SHARE
The Company computed its basic and diluted net income per common share as follows:
(In millions, except per share data)202520242023
Net income $25.3 $598.5 $663.6 
Weighted average common shares outstanding for basic net income per common share48.1 56.0 61.0 
Weighted average impact of dilutive securities0.4 0.7 0.7 
Total shares for diluted net income per common share48.5 56.7 61.7 
Basic net income per common share$0.53 $10.69 $10.88 
Diluted net income per common share $0.52 $10.56 $10.76 

Potentially dilutive securities excluded from the calculation of diluted net income per common share as the effect would be anti-dilutive were as follows:
(In millions)202520242023
Weighted average potentially dilutive securities0.8 0.4 0.8 

Shares underlying contingently issuable awards that have not met the necessary conditions as of the end of a reporting period are not included in the calculation of diluted net income per common share for that period. The Company had contingently issuable PSU awards outstanding that did not meet the performance conditions as of February 1, 2026, February 2, 2025 and February 4, 2024 and, therefore, were excluded from the calculation of diluted net income per common share for each applicable year. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 0.6 million, 0.2 million and 0.1 million as of February 1, 2026, February 2, 2025 and February 4, 2024, respectively. These amounts were also excluded from the computation of weighted average potentially dilutive securities in the table above.