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Net Income (Loss) Per Common Share (Notes)
 9 Months Ended
Nov. 01, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
Net 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 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 1,
2014
 
November 2,
2013
 
November 1,
2014
 
November 2,
2013
Net loss (a)
 
$
(808,000
)
 
$
(1,217,000
)
 
$
(4,637,000
)
 
$
(993,000
)
Weighted average number of shares of common stock outstanding — Basic
 
55,433,419

 
49,604,860

 
52,492,488

 
49,412,646

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

 
—

 
—

 
—

Weighted average number of shares of common stock outstanding — Diluted
 
55,433,419

 
49,604,860

 
52,492,488

 
49,412,646

Net loss per common share
 
$
(0.01
)
 
$
(0.02
)
 
$
(0.09
)
 
$
(0.02
)
Net loss per common share — assuming dilution
 
$
(0.01
)
 
$
(0.02
)
 
$
(0.09
)
 
$
(0.02
)
(a) The net loss for the three- and nine-month periods ended November 1, 2014 includes costs related to an activist shareholder response of $0 and $3,518,000, respectively, and costs related to executive transition of $2,415,000 and $5,035,000, respectively. The net loss for the three- and nine-month periods ended November 2, 2013 includes costs related to an activist shareholder response of $344,000.
(b) For the three- and nine-month periods ended November 1, 2014, approximately 735,000 and 3,699,000, respectively, incremental in-the-money potentially dilutive common share options have been excluded from the computation of diluted earnings per share, as the effect of their inclusion would be antidilutive. For the three- and nine-month periods ended November 2, 2013, approximately 6,475,000 and 6,010,000, respectively, incremental in-the-money potentially dilutive common share options have been excluded from the computation of diluted earnings per share, as the effect of their inclusion would be antidilutive.