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Net Income (Loss) Per Common Share (Notes)
 6 Months Ended
Aug. 03, 2013
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
Net Income (Loss) Per Common Share
Basic net income (loss) per share is computed by dividing reported income (loss) by the weighted average number of shares of common stock outstanding for the reported period. Diluted income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock of the Company during reported periods.
A reconciliation of net income (loss) per share calculations and the number of shares used in the calculation of basic income (loss) per share and diluted income (loss) per share is as follows:
 
 
Three-Month Periods Ended
 
Six-Month Periods Ended
 
 
August 3,
2013
 
July 28,
2012
 
August 3,
2013
 
July 28,
2012
Net income (loss) (a)
 
$
(799,000
)
 
$
(3,845,000
)
 
$
224,000

 
$
(12,584,000
)
Weighted average number of shares of common stock outstanding — Basic
 
49,406,562

 
48,853,619

 
49,316,539

 
48,745,892

Dilutive effect of stock options, non-vested shares and warrants (b)
 
—

 
—

 
5,890,404

 
—

Weighted average number of shares of common stock outstanding — Diluted
 
49,406,562

 
48,853,619

 
55,206,943

 
48,745,892

Net income (loss) per common share
 
$
(0.02
)
 
$
(0.08
)
 
$
—

 
$
(0.26
)
Net income (loss) per common share — assuming dilution
 
$
(0.02
)
 
$
(0.08
)
 
$
—

 
$
(0.26
)
(a) The net loss for the six-month period ended July 28, 2012 includes a loss on debt extinguishment charge totaling $500,000 incurred during the first quarter of fiscal 2012.
(b) For the three-month periods ended August 3, 2013 and July 28, 2012, approximately 6,631,000 and 3,768,000, respectively, incremental in-the-money potentially dilutive common share options and warrants have been excluded from the computation of diluted earnings per share, as the effect of their inclusion would be antidilutive. For the six-month period ended July 28, 2012, approximately 3,667,000 incremental in-the-money potentially dilutive common share stock options and warrants have been excluded from the computation of diluted loss per share, as the effect of their inclusion would be antidilutive.