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(Loss) Earnings Per Share
 6 Months Ended
Jul. 26, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
The computation of basic and diluted (loss) earnings per common share is as follows:
 
Three Months Ended
 
Six Months Ended
(in thousands, except per share amounts)
July 26, 2015
 
July 27, 2014
 
July 26, 2015
 
July 27, 2014
Net (loss) income
$
(313
)
 
$
17,898

 
$
(455
)
 
$
25,765

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
65,920

 
$
67,208

 
$
66,319

 
$
67,254

Dilutive effect of options and restricted stock units
—

 
642

 
—

 
634

Weighted average common shares outstanding - diluted
65,920

 
$
67,850

 
$
66,319

 
$
67,888

 
 
 
 
 
 
 
 
Basic (loss) earnings per common share
$
0.00

 
$
0.27

 
$
(0.01
)
 
$
0.38

Diluted (loss) earnings per common share
$
0.00

 
$
0.26

 
$
(0.01
)
 
$
0.38

 
 
 
 
 
 
 
 
Anti-dilutive shares not included in the above calculations
2,894

 
1,463

 
2,418

 
1,427


Basic (loss) earnings per common share is computed by dividing net (loss) income available to common stockholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings per common share incorporate the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of stock options and the vesting of restricted stock. For periods of operating loss, no common share equivalents are included because their effect would be anti-dilutive.