BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES

12 Months Ended

Jan. 31, 2016

BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES

BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES

NOTE 10—BASIC AND DILUTED WEIGHTED-AVERAGE COMMON SHARES

        Basic earnings (loss) per common share is computed by dividing net income (loss) by the weighted-average common shares outstanding during the respective periods. Diluted earnings (loss) per common share is computed by dividing net income (loss) by the sum of the weighted-average common shares outstanding and all dilutive potential common shares outstanding during the respective periods. Diluted earnings (loss) per common share equals basic earnings (loss) per common share for certain periods, as the effect of stock options, restricted stock, and restricted stock units (collectively "stock plan securities") are anti-dilutive because the Company incurred losses from continuing operations in those periods.

        The following basic and diluted weighted-average common shares information is provided for HD Supply Holdings, Inc.

        The reconciliation of basic to diluted weighted-average common shares for fiscal 2015, fiscal 2014, and fiscal 2013 is as follows (in thousands):

	Fiscal Year Ended
	January 31, 2016		February 1, 2015		February 2, 2014
Weighted-average common shares		197,011		193,962		166,905
Effect of potentially dilutive stock plan securities		4,297		—		—
Diluted weighted-average common shares		201,308		193,962		166,905
Stock plan securities excluded from dilution(1)		792		12,044		15,373

(1)           Represents securities not included in the computation of diluted earnings per share because their effect would have been anti-dilutive.