Earnings per Share (Tables)

6 Months Ended

Aug. 01, 2020

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
	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
(in thousands)
Common stock outstanding:
Basic weighted average common shares outstanding		51,078		49,867		50,918		49,734
Common stock equivalents – stock options and restricted stock ⁽¹⁾		—		308		—		—
Diluted weighted average common shares outstanding		51,078		50,175		50,918		49,734

(1)

Common stock equivalents of 178 shares and 206 shares for the three and six months ended August 1, 2020, respectively, and 415 shares for the six months ended August 3, 2019, 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 six months ended
	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
(in thousands, except exercise prices)
Stock options		3,676		865		3,676		850
Restricted stock units		963		1,056		963		1,040
Restricted and deferred stock		160		85		160		63
Range of exercise prices of such options	$0.53 - $7.02		$1.85 - $7.02		$0.53 - $7.02		$2.00 - $7.02