Earnings Per Share

3 Months Ended

May 02, 2026

Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding, plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding restricted stock units.

The components of basic and diluted earnings per share were as follows (in thousands, except per share data):


	Thirteen Weeks Ended
		May 2, 2026		May 3, 2025
Numerator:
Net loss from continuing operations		$	(4,825)	$	(18,260)
Loss from discontinued operations, net of income tax		—		(15,200)

Net loss		$	(4,825)	$	(33,460)



Denominator:
Weighted-average number of common shares (basic)		28,121		27,773
Dilutive effect of stock-based awards		—		—
Weighted-average number of common shares (diluted)		28,121		27,773

Basic net loss per share:
Continuing operations		$	(0.17)	$	(0.66)
Discontinued operations		$	—	$	(0.54)
Basic net loss per share		$	(0.17)	$	(1.20)
Diluted net loss per share:
Continuing operations		$	(0.17)	$	(0.66)
Discontinued operations		$	—	$	(0.54)
Diluted net loss per share		$	(0.17)	$	(1.20)

For the thirteen weeks ended May 2, 2026 and May 3, 2025, all potential common shares were excluded from the diluted share calculation because they were anti-dilutive due to the net loss in the period.

Vera Bradley, Inc. 10-Q