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Basic and Diluted Loss Per Share
 12 Months Ended
Jan. 30, 2021
Basic and Diluted Loss Per Share [Abstract]  
Basic and Diluted Loss Per Share
Note 15. Basic and Diluted Loss Per Share

Basic loss per share is calculated by dividing net loss by the weighted average common shares outstanding for the period. Diluted 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 (net of any assumed repurchases) that then shared in the earnings of the Company, if any.  It is computed by dividing net loss by the sum of the weighted average shares outstanding and additional Common Shares that would have been outstanding if the dilutive potential common shares had been issued for the Company’s Common Stock awards from the Company’s Stock Award Plans.

The following represents basic and diluted loss per share for continuing operations, loss from discontinued operations and net loss for the respective periods:

  
Fifty-two Weeks Ended
 
(in thousands, except per share amounts)
 
January 30,
2021
  
February 1,
2020
 
    
Loss from continuing operations
 
$
(3,892
)
 
$
(14,393
)
         
Basic and diluted loss per common share from continuing operations
 
$
(2.10
)
 
$
(7.93
)
         
Loss from discontinued operations
 
$
-
  
$
(44,351
)
Basic and diluted loss per common share from discontinued operations
 
$
-
  
$
(24.42
)
         
Net loss
 
$
(3,892
)
 
$
(58,744
)
         
         
Basic and diluted loss per common share
 
$
(2.10
)
 
$
(32.35
)
         
Weighted average number of common shares outstanding – basic and diluted
  
1,849
   
1,816