Note 16. Net Income (Loss) Per Share

12 Months Ended

Feb. 02, 2013

Earnings Per Share [Text Block]

16.          Net income (loss) per share

Basic net income (loss) and diluted loss per share for the periods presented are computed by dividing net income (loss) by the weighted average number of common shares outstanding.  Diluted net income per share is computed by including dilutive options.

The following table sets forth the basic and diluted net income (loss) per share computed for fiscal 2013, 2012 and 2011 (in thousands, except per share amounts):

	Fiscal Years Ended
	February 2, 2013			January 28, 2012			January 29, 2011
Net income (loss), as reported	$	(101,768	)	$	(168,045	)	$	9,147
Weighted-average common shares outstanding- basic		33,205			32,036			31,245
Dilutive effect of employee stock plans		-			-			487
Weighted-average common shares outstanding- diluted		33,205			32,036			31,732
Net income (loss) per share- basic	$	(3.06	)	$	(5.25	)	$	0.29
Net income (loss) per share- diluted	$	(3.06	)	$	(5.25	)	$	0.29

The following table sets forth the excluded anti-diluted and excluded potentially dilutive securities for fiscal 2013, 2012 and 2011 (in thousands):

	Fiscal Years Ended
	February 2, 2013		January 28, 2012		January 29, 2011
Stock options excluded because the effect of including would be anti-dilutive		137		353		-
Stock options excluded because exercise price is in excess of average stock price		5,401		4,940		4,692
Restricted stock awards and units excluded because the effect of including would be anti-dilutive		89		-		-
Restricted stock awards and units excluded because potential buyback shares exceed weighted average restricted stock units and awards outstanding		255		-		-