Earnings per Share (Tables)

7 Months Ended

May 03, 2014

Reconciliation of Number of Shares Outstanding for Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:

	For the three months ended
(in thousands)	May 3, 2014		May 4, 2013
Common Stock Outstanding
Basic weighted average common shares outstanding		48,656		48,291
Common stock equivalents – stock options and restricted stock. Common stock equivalents of 565 shares for the three months ended May 3, 2014, were excluded due to the net loss		—		296
Diluted weighted average common shares outstanding		48,656		48,587

Potential Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period because the exercise price of such options was greater than the average market price per share of common stock for the respective periods.

	For the three months ended
(in thousands, except exercise prices)	May 3, 2014	May 4, 2013
Stock Options (time-vested)	1,948	1,167
Range of exercise prices of such options	$4.96 - $7.52	$4.91 - $10.26