Earnings per Share (Tables)

9 Months Ended

Oct. 28, 2017

Reconciliation of Number of Shares Outstanding for Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:

	For the three months ended				For the nine months ended
	October 28, 2017		October 29, 2016		October 28, 2017		October 29, 2016
(in thousands)
Common Stock Outstanding:
Basic weighted average common shares outstanding		48,607		49,552		48,966		49,532
Common stock equivalents – stock options and restricted stock ⁽¹⁾		—		—		—		—
Diluted weighted average common shares outstanding		48,607		49,552		48,966		49,532

(1)

Common stock equivalents of 92 shares and 67 shares for the three and nine months ended October 28, 2017, respectively, and 483 shares and 402 shares for the three and nine months ended October 29, 2016, respectively, were excluded due to the net loss in all periods.

Potential Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period because the exercise price of such options was greater than the average market price per share of common stock for the respective periods or because of the unearned compensation associated with either stock options, restricted stock units, restricted or deferred stock had an anti-dilutive effect.

	For the three months ended				For the nine months ended
	October 28, 2017		October 29, 2016		October 28, 2017		October 29, 2016
(in thousands, except exercise prices)
Stock Options (time-vested)		1,295		1,232		1,295		1,232
Restricted Stock Units (time-vested)		1,106		3		1,109		409
Restricted and Deferred Stock		54		2		78		10
Range of exercise prices of such options	$1.85 - $7.02		$4.49 - $7.52		$1.85- $7.02		$4.49 - $7.52