v3.26.1
Net Loss Per Share
3 Months Ended
May 02, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share Loss Per Share
Earnings per share is computed under the provisions of ASC 260, Earnings Per Share. Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential shares of common stock (i.e., in-the-money outstanding stock options as well as RSAs) outstanding during the period using the treasury stock method, whereby proceeds from such exercise, unamortized compensation and hypothetical excess tax benefits, if any, on share-based awards are assumed to be used by us to purchase shares of common stock at the average market price during the period.
The components of basic and diluted net loss per share were as follows (in thousands, except per share amounts):
 Thirteen Weeks Ended
 May 2,
2026
May 3,
2025
Net loss$(7,953)$(22,152)
Weighted average basic shares outstanding30,119 30,060 
Dilutive effect of in-the-money stock options and RSAs— — 
Weighted average shares for diluted net loss per share30,119 30,060 
Basic net loss per share of Class A and Class B common stock$(0.26)$(0.74)
Diluted net loss per share of Class A and Class B common stock$(0.26)$(0.74)

The following stock options and restricted stock have been excluded from the calculation of diluted net loss per share as the effect of including these stock options would have been anti-dilutive (in thousands):
Thirteen Weeks Ended
May 2,
2026
May 3,
2025
Stock options3,325 2,428 
Restricted stock— 61 
Total3,325 2,489