The following is a reconciliation of the basic and diluted income (loss) per share calculation: | | | | | | | | | | | | | | | | | | | | | | | 52 weeks ended | | 53 weeks ended | | | (in thousands except share and per share data) | | | | | May 2, 2026 | | May 3, 2025 | | | | Numerator for basic and diluted income (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Income (loss) available to common shareholders | | | | | $ | 16,872 | | | $ | (65,825) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Denominator for basic income (loss) per share: | | | | | | | | | | | Basic weighted average shares of Common Stock | | | | | 34,330,274 | | | 26,298,984 | | | | | | | | | | | | | | | Denominator for diluted income (loss) per share: | | | | | | | | | | | Basic weighted average shares of Common Stock | | | | | 34,330,274 | | | 26,298,984 | | | | | Average dilutive restricted share units | | | | | 17,488 | | | — | | | | | Average dilutive performance share units | | | | | 266,393 | | | — | | | | Basic and diluted weighted average shares of Common Stock(a) | | | | | 34,614,155 | | | 26,298,984 | | | | | | | | | | | | | | | Income (loss) per Common Share: | | | | | | | | | | | Net income (loss) per share - Basic | | | | | $ | 0.49 | | | $ | (2.50) | | | | | Net income (loss) per share - Diluted | | | | | $ | 0.49 | | | $ | (2.50) | | | | | | | | | | | | | |
(a)During Fiscal 2026 and Fiscal 2025, 201,949 and 407,763, respectively, were excluded from the diluted income (loss) per share calculation using the two-class method as their inclusion would have been antidilutive.
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