XML 20 R10.htm IDEA: XBRL DOCUMENT v3.5.0.2
NET INCOME (LOSS) PER COMMON SHARE
6 Months Ended
Jul. 30, 2016
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER COMMON SHARE
NET INCOME (LOSS) PER COMMON SHARE
The following table reconciles net income (loss) and share amounts utilized to calculate basic and diluted net income per common share (in thousands):
 
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
 
July 30, 2016
 
August 1, 2015
 
July 30, 2016
 
August 1, 2015
Net income (loss)
$
(2,011
)
 
$
(13,695
)
 
$
23,974

 
$
1,912

 
 
 
 
 
 
 
 
Basic weighted average common shares
18,811

 
20,576

 
19,006

 
20,794

Dilutive effect of stock awards

 

 
351

 
265

Diluted weighted average common shares
18,811

 
20,576

 
19,357

 
21,059

Antidilutive stock awards
2

 
821

 
1

 
1


Antidilutive stock awards (stock options, Deferred Awards and Performance Awards) represent those awards that are excluded from the earnings per share calculation as a result of their antidilutive effect in the application of the treasury stock method in accordance with the “Earnings per Share” topic of the FASB ASC. 
The diluted loss per share amounts presented in the condensed consolidated statements of operations for the Second Quarter 2016 and Second Quarter 2015 exclude the dilutive effect of stock awards, which would have been anti-dilutive as a result of the net loss for those periods.