(Loss) Income Per Share

Income per share is computed under the provisions of ASC 260, Earnings Per Share. Basic (loss) income per share is computed based on the weighted average number of common shares outstanding during the period. Diluted (loss) income per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method, whereby proceeds from such exercise, unamortized compensation and hypothetical excess tax benefits, if any, on share-based awards are assumed to be used by us to purchase the common shares at the average market price during the period. Potentially dilutive shares of common stock represent outstanding stock options and RSAs.

The components of basic and diluted (loss) income per share were as follows (in thousands, except per share amounts):



	Thirteen Weeks Ended
	May 2, 2020			May 4, 2019
Net (loss) income	$	(17,395	)	$	677
Weighted average basic shares outstanding	29,677			29,469
Dilutive effect of stock options and restricted stock	—			339
Weighted average shares for diluted income per share	29,677			29,808
Basic (loss) income per share of Class A and Class B common stock	$	(0.59	)	$	0.02
Diluted (loss) income per share of Class A and Class B common stock	$	(0.59	)	$	0.02

The following stock options have been excluded from the calculation of diluted (loss) income per share as the effect of including these stock options would have been anti-dilutive (in thousands):



	Thirteen Weeks Ended
	May 2, 2020	May 4, 2019
Stock options	—	1,073