Gamestop Corporation Just Filed Its Quarterly Report: 8.    Earnings Per S...

8.    Earnings Per Share
Basic net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding duri ng the period. Potentially dilutive securities include stock options and unvested restricted stock outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be antidilutive. A reconciliation of shares used in calculating basic and diluted net income (loss) per common share is as follows (in millions, except per share data):
 
13 Weeks Ended
 
May 4,
2019
 
May 5,
2018
Net income from continuing operations
$
7.5

 
$
20.4

(Loss) income from discontinued operations, net of tax
(0.7
)
 
7.8

Net income
$
6.8

 
$
28.2

 
 
 
 
Weighted-average common shares outstanding
102.4

 
101.8

Dilutive effect of stock options and restricted stock awards
0.1

 
0.2

Weighted-average diluted common shares outstanding
102.5

 
102.0

 
 
 
 
Basic earnings (loss) per share: (1)
 
 
 
Continuing operations
$
0.07

 
$
0.20

Discontinued operations
(0.01
)
 
0.08

Basic earnings per share
$
0.07

 
$
0.28

 
 
 
 
Diluted earnings (loss) per share: (1)
 
 
 
Continuing operations
$
0.07

 
$
0.20

Discontinued operations
(0.01
)
 
0.08

Diluted earnings per share
$
0.07

 
$
0.28

 
 
 
 
Anti-dilutive stock options and restricted stock awards
0.8

 
1.6


__________________________________________________
(1)
The components of basic and diluted earnings per share may not sum to the total earnings per share due to rounding.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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