XML 37 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings (Loss) Per Share
 6 Months Ended
May 04, 2014
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

Basic and diluted net loss per share is calculated as follows (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
May 4, 2014
 
April 28, 2013
 
May 4, 2014
 
April 28, 2013
Numerator
 
 
 
 
 
 
 
Net loss
$
(3,495
)
 
$
(17,461
)
 
$
(20,569
)
 
$
(34,551
)
Denominator
 
 
 
 
 
 
 
Basic weighted average number of common shares
20,861

 
20,825

 
20,855

 
20,819

Dilutive weighted average number of common shares
20,861

 
20,825

 
20,855

 
20,819

Net loss per share - basic
$
(0.17
)
 
$
(0.84
)
 
$
(0.99
)
 
$
(1.66
)
Net loss per share - diluted
$
(0.17
)
 
$
(0.84
)
 
$
(0.99
)
 
$
(1.66
)


Options to purchase 465,450 and 532,350 shares of the Company’s common stock were outstanding at May 4, 2014 and April 28, 2013, respectively. Additionally, there were 60,001 and 56,667 restricted shares outstanding at May 4, 2014 and April 28, 2013, respectively. The options and restricted shares were not included in the computation of diluted loss per share in the three months and six months of fiscal 2014 and 2013 because the effect of their inclusion would have been anti-dilutive as a result of the Company’s net loss position in those fiscal periods.