NOTE 11—NET INCOME (LOSS) PER SHARE The weighted-average shares used for net income (loss) per share were as follows: | | | | | | | | | THREE MONTHS ENDED | | | MAY 2, | | | MAY 3, | | | 2026(1) | | | 2025 | Weighted-average shares—basic | | | 18,845,313 | | | 18,729,005 | Effect of dilutive stock-based awards | | | — | | | 1,184,229 | Weighted-average shares—diluted | | | 18,845,313 | | | 19,913,234 |
| (1) | As we reported a net loss for the three months ended May 2, 2026, the weighted-average shares outstanding for basic and diluted are the same for the corresponding period. |
The following number of options and restricted stock units were excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive: | | | | | | | | | THREE MONTHS ENDED | | | MAY 2, | | | MAY 3, | | | 2026 | | | 2025 | Options | | | 3,370,702 | | | 1,947,777 | Restricted stock units | | | 19,969 | | | 8,632 |
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