Earnings per Share (Tables)

9 Months Ended

Nov. 03, 2018

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
	November 3, 2018		October 28, 2017		November 3, 2018		October 28, 2017
(in thousands)
Common stock outstanding:
Basic weighted average common shares outstanding		49,352		48,607		49,068		48,966
Common stock equivalents – stock options and restricted stock ⁽¹⁾		—		—		—		—
Diluted weighted average common shares outstanding		49,352		48,607		49,068		48,966

(1)

Common stock equivalents of 581 shares and 92 shares for the three months ended November 3, 2018 and October 28, 2017, respectively, and 494 shares and 67 shares for the nine months ended November 3, 2018 and October 28, 2017, respectively, were excluded due to the net loss.

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
	November 3, 2018		October 28, 2017		November 3, 2018		October 28, 2017
(in thousands, except exercise prices)
Stock options		963		1,295		963		1,295
Restricted stock units		754		1,106		786		1,109
Restricted and deferred stock		24		54		57		78
Range of exercise prices of such options	$2.25 - $7.02		$1.85 - $7.02		$2.25- $7.02		$1.85 - $7.02