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Earnings per Share (Tables)
3 Months Ended
May 04, 2013
Earnings per Share [Abstract]  
Computation of basic and diluted earnings per share
The following tables show the computation of basic and diluted earnings per share for the thirteen weeks ended May 4, 2013 and April 28, 2012 (in thousands, except per share amounts):

 
 
Thirteen Weeks Ended
 
 
 
May 4, 2013
  
April 28, 2012
 
Basic EPS:
 
  
 
Net loss
 
$
(6,856
)
 
$
(418
)
Less: Allocation of earnings to participating securities
  
-
   
-
 
Net loss allocated to common shares
  
(6,856
)
  
(418
)
 
        
Basic weighted average shares outstanding
  
32,306
   
30,536
 
Basic EPS
 
$
(0.21
)
 
$
(0.01
)

 
 
Thirteen Weeks Ended
 
 
 
May 4, 2013
  
April 28, 2012
 
Diluted EPS:
 
  
 
Net loss
 
$
-6,856
  
$
-418
 
Less: Allocation of earnings to participating securities
  
-
   
-
 
Net loss allocated to common shares
  
(6,856
)
  
(418
)
 
        
Basic weighted average shares outstanding
  
32,306
   
30,536
 
Add: Dilutive effect of stock awards
  
-
   
-
 
Diluted weighted average shares outstanding
  
32,306
   
30,536
 
Diluted EPS
 
$
(0.21
)
 
$
(0.01
)

Number of stock options and SARs outstanding excluded from computation of diluted earnings per share
The following table illustrates the number of stock options and SARs that were outstanding, but not included in the computation of diluted earnings per share because the exercise price of the stock options and SARs was greater than the average market price of the Company's common shares (in thousands):

 
 Thirteen Weeks Ended
 
May 4, 2013
 
April 28, 2012
Number of anti-dilutive stock options and SARs outstanding
1
 
2,649