NET INCOME PER SHARE	12 Months Ended
Feb. 03, 2018
Net (loss) income per share - basic
NET INCOME PER SHARE	NOTE 10 — NET INCOME PER SHARE Basic earnings per share excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if options to issue common stock were exercised into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Restricted stock is a participating security and is therefore included in the computation of basic earnings per share. However, in fiscal years 2017, 2016, and 2015, the Company experienced losses and thus such restricted stock was excluded from the calculation of basic and diluted EPS because inclusion would have been antidilutive. In fiscal years 2017, 2016, and 2015, the Company experienced a net loss, requiring the diluted earnings per share calculation to exclude any assumptions of the exercise of securities, as these would have an antidilutive effect on EPS. Options to purchase shares of common stock that were outstanding at the end of the respective fiscal years were not included in the computation of diluted earnings per share when the options’ exercise prices were greater than the average market price of the common shares. There were 1,339,200 and 918,881 such options outstanding at February 3, 2018 and January 28, 2017, respectively.

NET INCOME PER SHARE

12 Months Ended

Feb. 03, 2018

NOTE 10 — NET INCOME PER SHARE

Basic earnings per share excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if options to issue common stock were exercised into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Restricted stock is a participating security and is therefore included in the computation of basic earnings per share. However, in fiscal years 2017, 2016, and 2015, the Company experienced losses and thus such restricted stock was excluded from the calculation of basic and diluted EPS because inclusion would have been antidilutive.

In fiscal years 2017, 2016, and 2015, the Company experienced a net loss, requiring the diluted earnings per share calculation to exclude any assumptions of the exercise of securities, as these would have an antidilutive effect on EPS.

Options to purchase shares of common stock that were outstanding at the end of the respective fiscal years were not included in the computation of diluted earnings per share when the options’ exercise prices were greater than the average market price of the common shares. There were 1,339,200 and 918,881 such options outstanding at February 3, 2018 and January 28, 2017, respectively.