Earnings Per Share

3 Months Ended

May. 01, 2016

Earnings per Share

The computation of basic and diluted earnings per common share is as follows:



	Three Months Ended
(in thousands, except per share amounts)	May 1, 2016		April 26, 2015
Net income (loss)	$	6,887	$	(142	)

Weighted average common shares outstanding - basic	65,144		66,713
Dilutive effect of options and restricted stock units	408		0
Weighted average common shares outstanding - diluted	65,552		66,713

Basic earnings (loss) per common share	$	0.11	$	0.00
Diluted earnings (loss) per common share	$	0.11	$	0.00

Anti-dilutive shares not included in the above calculations	2,123		2,525

Basic earnings (loss) per common share is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings (loss) 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.