Earnings (Loss) Per Share (EPS) (Tables)

11 Months Ended

Jan. 01, 2016

Earnings Per Share [Abstract]

Reconciliation of Weighted Average Number of Shares Outstanding

The following table provides a reconciliation of the weighted average number of shares outstanding used to compute basic and diluted EPS for the years presented. The presentation gives effect to the one-for-four reverse stock split which occurred after market close on September 27, 2013.

	11 Months Ended		12 Months Ended
	January 1, 2016	January 2, 2015	January 30, 2015	January 31, 2014
		(unaudited)
	(in millions)
Basic weighted average number of shares outstanding	73	74	74	83
Dilutive common share equivalents—stock options and other stock awards	1	—	—	—
Diluted weighted average number of shares outstanding	74	74	74	83

Schedule Of Basic and Diluted EPS

Basic and diluted EPS for the years presented was as follows:

	11 Months Ended						12 Months Ended
	January 1, 2016			January 2, 2015			January 30, 2015			January 31, 2014
				(unaudited)
Basic:
Income (loss) from continuing operations	$	3.33		$	(4.36	)	$	(4.46	)	$	0.98
(Loss) income from discontinued operations	(0.01		)	(0.15		)	0.10			0.96
	$	3.32		$	(4.51	)	$	(4.36	)	$	1.94
Diluted:
Income (loss) from continuing operations	$	3.28		$	(4.36	)	$	(4.46	)	$	0.98
(Loss) income from discontinued operations	(0.01		)	(0.15		)	0.10			0.96
	$	3.27		$	(4.51	)	$	(4.36	)	$	1.94

Schedule Of Stock-Based Awards Excluded from Weighted Average Shares Outstanding

The following anti-dilutive stock-based awards were excluded from the weighted average number of shares outstanding used to compute basic and diluted EPS for the years presented:

	11 Months Ended		12 Months Ended
	January 1, 2016	January 2, 2015	January 30, 2015	January 31, 2014
		(unaudited)
	(in millions)
Stock options excluded	1	4	4	5
Vesting stock awards excluded	—	3	3	3