ABERCROMBIE FITCH CO DE
For the period ended May 4, 2024. Filed Jun 7, 2024.
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May 4, 2024 · Filed Jun 7, 2024
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NET INCOME (LOSS) PER SHARE
- NET INCOME PER SHARE
Net income per basic and diluted share attributable to A&F is computed based on the weighted-average number of outstanding shares of A&F’s Class A Common Stock, $0.01 par value (“Common Stock”). The following table provides additional information pertaining to net income per share attributable to A&F for the thirteen weeks ended May 4, 2024 and April 29, 2023:
| Thirteen Weeks Ended | ||
|---|---|---|
| (in thousands) | May 4, 2024 | April 29, 2023 |
| Shares of Common Stock issued | 103,300 | 103,300 |
| Weighted-average treasury shares | (52,407) | (53,726) |
| Weighted-average — basic shares | 50,893 | 49,574 |
| Dilutive effect of share-based compensation awards | 2,383 | 1,893 |
| Weighted-average — diluted shares | 53,276 | 51,467 |
| Anti-dilutive shares (1) | 436 | 2,834 |
(1)Reflects the total number of shares related to outstanding share-based compensation awards that have been excluded from the computation of net income per diluted share because the impact would have been anti-dilutive. Unvested shares related to restricted stock units with performance-based and market-based vesting conditions can achieved from zero up to 200% of their target vesting amount and are reflected at the maximum vesting amount less any dilutive portion.
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