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EARNINGS (LOSS) PER COMMON SHARE
12 Months Ended
Feb. 02, 2014
EARNINGS (LOSS) PER COMMON SHARE  
EARNINGS (LOSS) PER COMMON SHARE

NOTE 10—EARNINGS (LOSS) PER COMMON SHARE

        The following earnings (loss) per common share is provided for Holdings.

        Basic loss per common share is computed by dividing the net loss by the weighted-average common shares outstanding during the respective periods. Diluted loss per common share equals basic loss per common share for the periods presented, as the effect of stock options, restricted stock, and restricted stock units are anti-dilutive because the Company incurred net losses.

        The following table sets forth the computation of basic and diluted earnings (loss) per share of common stock (in millions, except per share and share data):

 
  Fiscal Year Ended  
 
  February 2,
2014
  February 3,
2013
  January 29,
2012
 

Income (loss) from continuing operations

  $ (209 ) $ (1,197 ) $ (562 )

Income (loss) from discontinued operations, net of tax

    (9 )   18     19  
               

Net income (loss)

  $ (218 ) $ (1,179 ) $ (543 )
               
               

Weighted average common shares outstanding(1)

                   

Basic and Diluted (in thousands)

   
166,905
   
130,561
   
130,557
 

Basic and Diluted earnings (loss) per share(2):

                   

Income (loss) from continuing operations

  $ (1.25 ) $ (9.17 ) $ (4.30 )

Income (loss) from discontinued operations, net of tax

  $ (0.05 ) $ 0.14   $ 0.15  
               

Net income (loss)

  $ (1.31 ) $ (9.03 ) $ (4.16 )
               
               

(1)
Weighted average common shares outstanding in fiscal 2013 reflect 130.6 million shares outstanding on February 3, 2013 and the issuance of 61 million shares on July 2, 2013 for Holdings' initial public offering.

(2)
May not foot due to rounding.

        The following table provides the securities that could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive (in thousands):

 
  Fiscal Year Ended  
 
  February 2,
2014
  February 3,
2013
  January 29,
2012
 

Stock options

    15,010     14,818     14,769  

Restricted stock & restricted stock units

    353