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Earnings (Loss) Per Share
3 Months Ended
May 05, 2018
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

(8) Earnings (Loss) Per Share

Basic earnings (loss) per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding, reduced by the number of shares repurchased and held in treasury, during the period. Diluted earnings (loss) per share represents basic earnings per share adjusted to include the potentially dilutive effect of outstanding share option awards, nonvested share awards and nonvested share unit awards.

 

 

The following table sets forth the computation of basic and diluted loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

 

 

May 5,

 

 

April 29,

 

 

 

2018

 

 

2017

Net loss

 

$

(5,828)

 

$

(4,507)

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

Basic

 

 

42,727

 

 

42,277

Dilutive effect of common stock equivalents

 

 

 —

 

 

 —

Diluted

 

 

42,727

 

 

42,277

Basic Loss per share

 

$

(0.14)

 

$

(0.11)

Diluted Loss per share

 

$

(0.14)

 

$

(0.11)

Restricted stock units considered anti-dilutive and excluded in the calculation

 

 

331

 

 

171