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Earnings per Share (Tables)
6 Months Ended
Aug. 02, 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
     For the six months
ended
 
(in thousands)    August 2,
2014
     August 3,
2013
     August 2,
2014
     August 3,
2013
 

Common Stock Outstanding:

           

Basic weighted average common shares outstanding

     48,743         48,479         48,699         48,385   

Common stock equivalents – stock options and restricted stock. Common stock equivalents of 520 and 231 shares for the three months ended August 2, 2014 and August 3, 2013, respectively, and 538 and 273 shares for the six months ended August 2, 2014 and August 3, 2013, respectively, were excluded due to the net loss

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average common shares outstanding

     48,743         48,479         48,699         48,385   
  

 

 

    

 

 

    

 

 

    

 

 

 
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    For the six months ended
(in thousands, except exercise prices)    August 2, 2014    August 3, 2013    August 2, 2014    August 3, 2013

Stock Options (time-vested)

   1,648    2,077    1,648    2,323

Restricted Stock (time-vested)

   —      1,115    —      1,115

Range of exercise prices of such options

   $4.96 - $7.52    $4.96 - $10.26    $4.96 - $7.52    $4.96 - $10.26