Earnings per Share (Tables)

9 Months Ended

Nov. 01, 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 nine months ended
	November 1, 2014		November 2, 2013		November 1, 2014		November 2, 2013
(in thousands)
Common Stock Outstanding:
Basic weighted average common shares outstanding		48,773		48,553		48,724		48,441
Common stock equivalents – stock options and restricted stock ⁽¹⁾		—		—		—		—
Diluted weighted average common shares outstanding		48,773		48,553		48,724		48,441

(1)	Common Stock equivalents of 558 and 594 shares for the three months ended November 1, 2014 and November 2, 2013, respectively, and 534 and 282 shares for the nine months ended November 1, 2014 and November 2, 2013, respectively, were excluded due to the net loss.

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 nine months ended
	November 1, 2014		November 2, 2013			November 1, 2014		November 2, 2013
(in thousands, except exercise prices)
Stock Options (time-vested)		1,522		1,759			1,480		2,214
Restricted Stock (time-vested)		—		—			—		1,099
Range of exercise prices of such options	$4.96-$7.52		$4.96 - $10.26			$4.96-$7.52		$4.54 - $10.26