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Earnings per Share (Tables)
3 Months Ended
Apr. 30, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following tables show the computation of basic and diluted earnings per common share for each period presented (in thousands, except per share amounts):
 
Three Months Ended
 
April 30, 2016
 
May 2, 2015
Basic EPS:
 
 
 
Net Loss
$
(15,460
)
 
$
(8,637
)
Less: Allocation of earnings to participating securities

 

Net loss allocated to common shares
(15,460
)
 
(8,637
)
 
 
 
 
Basic weighted average shares outstanding
26,932

 
31,750

Basic EPS
$
(0.57
)
 
$
(0.27
)
 
 
 
 
 
Three Months Ended
 
April 30, 2016
 
May 2, 2015
Diluted EPS:
 

 
 

Net Loss
$
(15,460
)
 
$
(8,637
)
Less: Allocation of earnings to participating securities

 

Net loss allocated to common shares
(15,460
)
 
(8,637
)
 
 
 
 
Basic weighted average shares outstanding
26,932

 
31,750

Add: Dilutive effect of stock awards

 

Diluted weighted average shares outstanding
26,932

 
31,750

Diluted EPS
$
(0.57
)
 
$
(0.27
)
Number stock options, SARs and non-vested stock excluded from computation of diluted earnings per share
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 common share because the effect was anti-dilutive were as follows (in thousands):
 
Three Months Ended
 
April 30, 2016
 
May 2, 2015
Number of anti-dilutive shares due to net loss for the period
43

 
114

Number of anti-dilutive SARs due to exercise price greater than average market price of our common stock
213


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