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EARNINGS PER SHARE (Tables)
12 Months Ended
Feb. 01, 2014
EARNINGS PER SHARE  
Schedule of calculation of basic and diluted earnings per share

 

 

 
   
  Year Ended  
 
  (dollar amounts in thousands, except per share amounts)
  February 1,
2014
  February 2,
2013
  January 28,
2012
 

(a)

 

Earnings from continuing operations before discontinued operations

  $ 7,053   $ 13,155   $ 29,128  

 

 

Loss from discontinued operations, net of tax benefit of $102, $186 and $121

    (188 )   (345 )   (225 )
                   

 

 

Net earnings

  $ 6,865   $ 12,810   $ 28,903  
                   
                   

(b)

 

Basic average number of common shares outstanding during period

    53,378     53,225     52,958  

 

 

Common shares assumed issued upon exercise of dilutive stock options, net of assumed repurchase, at the average market price

    585     729     673  
                   

(c)

 

Diluted average number of common shares assumed outstanding during period

    53,963     53,954     53,631  
                   
                   

 

 

Basic earnings per share:

                   

 

 

Earnings from continuing operations (a/b)

  $ 0.13   $ 0.25   $ 0.55  

 

 

Discontinued operations, net of tax

        (0.01 )   (0.01 )
                   

 

 

Basic earnings per share

  $ 0.13   $ 0.24   $ 0.54  
                   
                   

 

 

Diluted earnings per share:

                   

 

 

Earnings from continuing operations (a/c)

  $ 0.13   $ 0.24   $ 0.54  

 

 

Discontinued operations, net of tax

             
                   

 

 

Diluted earnings per share

  $ 0.13   $ 0.24   $ 0.54