(Loss) Earnings per Share

9 Months Ended

Oct. 31, 2015

(Loss) Earnings per Share

(Loss) Earnings per Share

3.  (Loss) Earnings per Share

Basic (loss) earnings per common share allocated to common shareholders is determined using the two-class method and is computed by dividing net (loss) earnings allocated to common shareholders by the weighted-average common shares outstanding during the period.  Diluted (loss) earnings per common share reflect the more dilutive (loss) earnings per common share amount calculated using the treasury stock method or the two-class method.

The following table sets forth the computation of basic and diluted (loss) earnings per common share allocated to common shareholders (in thousands, except per share amounts). Basic and diluted (loss) earnings per common share allocated to common shareholders are computed using the actual net (loss) earnings allocated to common shareholders and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our condensed consolidated statement of (loss) earnings and the accompanying notes.  As a result, it may not be possible to recalculate (loss) earnings per common share allocated to common shareholders in our condensed consolidated statement of (loss) earnings and the accompanying notes.

	For the Three Months Ended						For the Nine Months Ended
	October 31, 2015			November 1, 2014			October 31, 2015			November 1, 2014
Numerator
Total net (loss) earnings attributable to common shareholders	$	(27,154	)	$	6,793		$	30,994		$	35,535
Net earnings allocated to participating securities (restricted stock and deferred stock units)	—			(14		)	(31		)	(100		)
Net (loss) earnings allocated to common shareholders	$	(27,154	)	$	6,779		$	30,963		$	35,435
Denominator
Basic weighted-average common shares outstanding	48,339			48,009			48,258			47,852
Dilutive effect of share-based awards	—			245			255			272
Diluted weighted-average common shares outstanding	48,339			48,254			48,513			48,124
Net (loss) earnings per common share allocated to common shareholders:
Basic	$	(0.56	)	$	0.14		$	0.64		$	0.74
Diluted	$	(0.56	)	$	0.14		$	0.64		$	0.74

For the three and nine months ended October 31, 2015, 0.4 million and 0.3 million anti-dilutive shares of common stock were excluded from the calculation of diluted (loss) earnings per common share, respectively.  For each of the three and nine months ended November 1, 2014, 0.2 million anti-dilutive shares of common stock were excluded from the calculation of diluted (loss) earnings per common share.