Earnings (Loss) Per Share

6 Months Ended

May 02, 2021

Basic and diluted net loss per share are calculated as follows (in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	May 2, 2021		May 3, 2020		May 2, 2021		May 3, 2020
Numerator
Net income (loss)	$	1,879	$	(5,425)	$	(567)	$	(16,233)

Denominator
Basic weighted average number of shares	21,793		21,416		21,793		21,416
Diluted weighted average number of shares	22,588		21,416		21,793		21,416

Net income (loss) per share:
Basic	$	0.09	$	(0.25)	$	(0.03)	$	(0.76)
Diluted	$	0.08	$	(0.25)	$	(0.03)	$	(0.76)

The diluted earnings per share for the three months ended May 2, 2021 did not include the effect of potentially dilutive outstanding shares comprised of 212,170 RSUs (defined below), 331,944 stock options and 124,987 PSUs (defined below) because the effect would have been anti-dilutive. The diluted earnings per share for the six months ended May 2, 2021 did not include the effect of potentially dilutive outstanding shares comprised of 937,662 RSUs, 331,944 stock options and 194,417 PSUs because the effect would have been anti-dilutive.

The diluted earnings per share for the three and six months ended May 3, 2020 did not include the effect of potentially dilutive outstanding shares comprised of 653,210 RSUs, 401,053 stock options and 376,986 PSUs because the effect would have been anti-dilutive.