Net Earnings (Loss) Per Share

3 Months Ended

Feb. 02, 2013

Earnings Per Share [Abstract]

Net Earnings (Loss) Per Share

Net Earnings (Loss) Per Share

Basic earnings per share excludes any dilution and is computed by dividing net earnings attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects 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):

	Three Months Ended
	February 2, 2013	February 4, 2012
Antidilutive shares:
SSARs	1,141	1,828
Stock options	302	522
Total antidilutive shares excluded from diluted earnings per share	1,443	2,350

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, net earnings attributable to common stockholders and the weighted average number of common and participating shares used in the computations of basic and diluted earnings per share for three months ended February 2, 2013, and February 4, 2012 are as follows (shares in thousands):

	Three Months Ended
	February 2, 2013			February 4, 2012
Basic and diluted net loss:
Net loss	$	(467	)	$	(2,249	)
Less: net earnings allocated to participating securities	—			—
Net loss attributable to common shareholders	$	(467	)	$	(2,249	)
Weighted average shares outstanding:
Basic weighted average common shares outstanding	31,145			30,782
Add: dilutive shares from equity instruments	—			—
Diluted weighted average shares outstanding	31,145			30,782
Basic loss per share attributable to common stockholders:
Net loss	(0.01		)	(0.07		)
Diluted loss per share attributable to common shareholders:
Net loss	(0.01		)	(0.07		)