Earnings/(Loss) per Share Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below: | | | | | | | | | | Three Months Ended | (in millions, except per share data) | May 5, 2018 | | April 29, 2017 | Earnings/(loss) | | | | Net income/(loss) | $ | (78 | ) | | $ | (187 | ) | Shares | | | | Weighted average common shares outstanding (basic shares) | 313.9 |
| | 309.6 |
| Adjustment for assumed dilution: | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 313.9 |
| | 309.6 |
| EPS | | | | Basic | $ | (0.25 | ) | | $ | (0.60 | ) | Diluted | $ | (0.25 | ) | | $ | (0.60 | ) |
The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive: | | | | | | | | Three Months Ended | (Shares in millions) | May 5, 2018 | | April 29, 2017 | Stock options, restricted stock awards and warrant | 29.3 |
| | 33.1 |
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