The numerator for both basic and diluted earnings (loss) per share is net income (loss) attributable to the Company. The denominator for basic earnings (loss) per share is based upon the number of weighted average shares of the Company’s common stock outstanding during the reporting periods. The denominator for diluted earnings (loss) per share is based upon the number of weighted average shares of the Company’s common stock and common stock equivalents outstanding during the reporting periods using the treasury stock method in accordance with ASC 260, Earnings Per Share. Potentially dilutive securities for the diluted earnings (loss) per share calculations consist of non-vested equity shares of common stock and in-the-money outstanding options where the current stock price exceeds the option strike price.

The following table summarizes the components of basic and diluted earnings (loss) per share:


	13 Weeks Ended					26 Weeks Ended
(in thousands, except per share amounts)	July 31, 2026		August 1, 2025			July 31, 2026		August 1, 2025
Net income (loss)	$	3,451	$	(3,667	)	$	334,144	$	(11,929	)

Basic weighted average common shares outstanding		29,902		30,743			30,052		30,721
Dilutive impact of stock awards		206		—			446		—
Diluted weighted average common shares outstanding		30,108		30,743			30,498		30,721

Earnings (loss) per share
Basic	$	0.12	$	(0.12	)	$	11.12	$	(0.39	)
Diluted	$	0.11	$	(0.12	)	$	10.96	$	(0.39	)

Anti-dilutive shares excluded from diluted earnings (loss) per common share calculation		198		736			74		703

Stock awards are considered anti-dilutive based on the application of the treasury stock method or in the event of a net loss.