NET INCOME (LOSS) PER COMMON SHARE

6 Months Ended

Aug. 01, 2015

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER COMMON SHARE

NET INCOME (LOSS) PER COMMON SHARE

The following table reconciles net income (loss) and share amounts utilized to calculate basic and diluted net income (loss) per common share (in thousands):

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	August 1, 2015			August 2, 2014			August 1, 2015		August 2, 2014
Net income (loss)	$	(13,695	)	$	(10,687	)	$	1,912	$	2,909
Basic weighted average common shares	20,576			21,837			20,794		21,993
Dilutive effect of stock awards	—			—			265		222
Diluted weighted average common shares	20,576			21,837			21,059		22,215
Antidilutive stock awards	821			910			1		—

Antidilutive stock awards (stock options, Deferred Awards and Performance Awards) represent those awards that are excluded from the earnings per share calculation as a result of their antidilutive effect in the application of the treasury stock method in accordance with the “Earnings per Share” topic of the FASB ASC. 

The diluted loss per share amounts presented in the condensed consolidated statements of operations for the Second Quarter 2015 and Second Quarter 2014 exclude the dilutive effect of stock awards, which would have been anti-dilutive as a result of the net loss for those periods.