Earnings per Share (Tables)

9 Months Ended

Nov. 02, 2019

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 2, 2019		November 3, 2018		November 2, 2019		November 3, 2018
(in thousands)
Common stock outstanding:
Basic weighted average common shares outstanding		50,089		49,352		49,853		49,068
Common stock equivalents – stock options and restricted stock ⁽¹⁾		—		—		—		—
Diluted weighted average common shares outstanding		50,089		49,352		49,853		49,068

(1)

Common stock equivalents of 324 shares and 581 shares for the three months ended November 2, 2019 and November 3, 2018, respectively, and 404 shares and 494 shares for the first nine months ended November 2, 2019 and November 3, 2018, respectively, were excluded due to the net loss in each period.

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				For the nine months ended
	November 2, 2019		November 3, 2018		November 2, 2019		November 3, 2018
(in thousands, except exercise prices)
Stock options		819		963		804		963
Restricted stock units		1,242		754		679		786
Restricted and deferred stock		114		24		114		57
Range of exercise prices of such options	$1.85 - $7.02		$2.25 - $7.02		$2.25- $7.02		$2.25 - $7.02