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Net Income (Loss) Per Common Share (Notes)
 9 Months Ended
Nov. 02, 2013
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
Net Loss Per Common Share
Basic net loss per share is computed by dividing reported loss by the weighted average number of shares of common stock outstanding for the reported period. Diluted 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 loss per share calculations and the number of shares used in the calculation of basic loss per share and diluted loss per share is as follows:
 
 
Three-Month Periods Ended
 
Nine-Month Periods Ended
 
 
November 2,
2013
 
October 27,
2012
 
November 2,
2013
 
October 27,
2012
Net loss (a)
 
$
(1,217,000
)
 
$
(3,675,000
)
 
$
(993,000
)
 
$
(16,259,000
)
Weighted average number of shares of common stock outstanding — Basic
 
49,604,860

 
48,931,464

 
49,412,646

 
48,807,749

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

 
—

 
—

 
—

Weighted average number of shares of common stock outstanding — Diluted
 
49,604,860

 
48,931,464

 
49,412,646

 
48,807,749

Net loss per common share
 
$
(0.02
)
 
$
(0.08
)
 
$
(0.02
)
 
$
(0.33
)
Net loss per common share — assuming dilution
 
$
(0.02
)
 
$
(0.08
)
 
$
(0.02
)
 
$
(0.33
)
(a) The net loss for the nine-month period ended November 2, 2013 includes costs related to an activist shareholder response of $344,000. The net loss for the nine-month period ended October 27, 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 November 2, 2013 and October 27, 2012, approximately 6,475,000 and 4,233,000, 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 nine-month periods ended November 2, 2013 and October 27, 2012, approximately 6,010,000 and 3,838,000 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.