Earnings per Share

6 Months Ended

Aug. 01, 2015

Earnings Per Share [Abstract]

Earnings per Share

4.Earnings per Share

The following tables show the computation of basic and diluted earnings per share from continuing operations for each period presented (in thousands, except per share amounts):

	Three Months Ended						Six Months Ended
	August 1, 2015			August 2, 2014			August 1, 2015			August 2, 2014
Basic EPS from continuing operations:
Income (loss) from continuing operations	$	1,615		$	11,192		$	(7,022	)	$	(854	)
Less: Allocation of earnings to participating securities	(25		)	(152		)	—			—
Net income (loss) from continuing operations allocated to common shares	1,590			11,040			(7,022		)	(854		)
Basic weighted average shares outstanding	31,982			31,757			31,866			31,624
Basic EPS from continuing operations	$	0.05		$	0.35		$	(0.22	)	$	(0.03	)
	Three Months Ended						Six Months Ended
	August 1, 2015			August 2, 2014			August 1, 2015			August 2, 2014
Diluted EPS from continuing operations:
Income (loss) from continuing operations	$	1,615		$	11,192		$	(7,022	)	$	(854	)
Less: Allocation of earnings to participating securities	(25		)	(152		)	—			—
Net income (loss) from continuing operations allocated to common shares	1,590			11,040			(7,022		)	(854		)
Basic weighted average shares outstanding	31,982			31,757			31,866			31,624
Add: Dilutive effect of stock awards	31			68			—			—
Diluted weighted average shares outstanding	32,013			31,825			31,866			31,624
Diluted EPS from continuing operations	$	0.05		$	0.35		$	(0.22	)	$	(0.03	)

The number of shares attributable to stock options, SARs and non-vested stock grants that would have been considered dilutive securities, but were excluded from the calculation of diluted earnings per share because the effect was anti-dilutive were as follows (in thousands):

	Three Months Ended		Six Months Ended
	August 1, 2015	August 2, 2014	August 1, 2015	August 2, 2014
Number of anti-dilutive shares due to net loss for the period	—	—	73	114
Number of anti-dilutive SARs due to exercise price greater than average market price of our common stock	153	218	7	250