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Earnings per Share (Tables)
3 Months Ended
May 04, 2019
Earnings Per Share [Abstract]  
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

 

 

 

May 4, 2019

 

 

May 5, 2018

 

(in thousands)

 

 

 

 

 

 

 

 

Common stock outstanding:

 

 

 

 

 

 

 

 

Basic weighted average common shares  outstanding

 

 

49,602

 

 

 

48,791

 

Common stock equivalents – stock options and restricted stock (1)

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

 

49,602

 

 

 

48,791

 

 

 

(1)

Common stock equivalents of 525 shares and 377 shares for the three months ended May 4, 2019 and May 5, 2018, 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 or because of the unearned compensation associated with either stock options, restricted stock units, restricted or deferred stock had an anti-dilutive effect.

 

 

 

For the three months ended

 

 

 

May 4, 2019

 

 

May 5, 2018

 

(in thousands, except exercise prices)

 

 

 

 

 

 

 

 

Stock options

 

 

942

 

 

 

1,242

 

Restricted stock units

 

 

1,105

 

 

 

316

 

Restricted and deferred stock

 

 

39

 

 

 

65

 

Range of exercise prices of such options

 

$2.00 -  $7.02

 

 

$1.85 -  $7.02