Earnings (Loss) Per Share

12 Months Ended

Oct. 28, 2012

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 15: Earnings (Loss) Per Share

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

	Year ended
	October 28, 2012			October 30, 2011		October 31, 2010
Numerator
Net income (loss)	$	(13,603	)	$	15,629	$	(96,375	)
Denominator
Basic weighted average number of common shares		20,813			20,813		20,812
Dilutive weighted average number of common shares		20,813			20,896		20,812
Net income (loss) per share – basic	$	(0.65	)	$	0.75	$	(4.63	)
Net income (loss) per share – diluted	$	(0.65	)	$	0.75	$	(4.63	)

Options to purchase 555,650, 743,667 and 795,833 shares of the Company’s common stock were outstanding at October 28, 2012, October 30, 2011 and October 31, 2010, respectively. Additionally, there were no restricted stock units outstanding at October 28, 2012 and October 30, 2011. At October 31, 2010 there were 189,142 restricted stock units outstanding. The options and restricted stock units were not included in the computation of diluted loss per share in fiscal 2012 and 2010 because the effect of their inclusion would have been anti-dilutive as a result of the Company’s net loss position in those fiscal years.