Earnings (Loss) Per Share

12 Months Ended

Oct. 29, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings (Loss) Per Share

Basic earnings (loss) per share exclude any dilution and are computed by dividing net earnings attributable to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. The dilution from each of these instruments is calculated using the treasury stock method. Outstanding equity instruments that could potentially dilute basic earnings per share in the future but were not included in the computation of diluted earnings per share because they were antidilutive are as follows (in thousands):

	2011	2010	2009
Antidilutive shares:
SSARs	1,236	838	477
Stock options	670	763	924
Total antidilutive shares excluded from diluted earnings per share	1,906	1,601	1,401

The Company used the two-class method to compute basic and diluted earnings per share for all periods presented. The reconciliation of the net earnings (loss) from continuing operations, net earnings (loss) attributable to common shareholders and the weighted average number of common and participating shares used in the computations of basic and diluted earnings per share for years ended October 29, 2011, October 30, 2010 and October 31, 2009 is as follows (shares in thousands):

	2011			2010			2009
Basic and diluted net earnings:
Net (loss) earnings from continuing operations	$	(23,383	)	$	(49,643	)	$	3,305
Less: net (loss) earnings allocated to participating securities	—			—			98
Net (loss) earnings from continuing operations attributable to common shareholders	(23,383		)	(49,643		)	3,207
(Loss) earnings from discontinued operations, net of tax	2,316			(732		)	5,046
Net (loss) earnings attributable to common shareholders	$	(21,067	)	$	(50,374	)	$	8,253
Weighted average shares outstanding:
Basic weighted average common shares outstanding	30,663			30,536			30,382
Add: dilutive shares from equity instruments	—			—			88
Diluted weighted average shares outstanding	30,663			30,536			30,470