Note 14. Net Loss Per Share

3 Months Ended

May 04, 2013

Earnings Per Share [Text Block]

14.           Net loss per share

Basic and diluted net loss per share for the periods presented is computed by dividing net loss by the weighted average number of common shares outstanding.

The following table sets forth the basic and diluted net loss per share computed for the three months ended May 4, 2013 and April 28, 2012 (in thousands, except per share amounts):

	Three Months Ended
	May 4, 2013			April 28, 2012
Net loss, as reported	$	(4,533	)	$	(13,702	)
Weighted-average common shares outstanding - basic		33,912			32,661
Dilutive effect of employee stock plans		-			-
Weighted-average common shares outstanding - diluted		33,912			32,661
Net loss per share - basic	$	(0.13	)	$	(0.42	)
Net loss per share - diluted	$	(0.13	)	$	(0.42	)

The following table sets forth the excluded anti-dilutive and excluded potentially dilutive securities for the three months ended May 4, 2013 and April 28, 2012 (in thousands):

	Three Months Ended
	May 4, 2013		April 28, 2012
Stock options excluded because the effect of including would be anti-dilutive		32		153
Stock options excluded because exercise price is in excess of average stock price		4,841		5,547
Restricted stock awards and units excluded because the effect of including would be anti-dilutive		26		21
Restricted stock awards and units excluded because potential buyback shares exceed weighted average restricted stock units and awards outstanding		544		733