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Earnings Per Share
3 Months Ended
May 02, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The numerator for both basic and diluted earnings per share (“EPS”) is net income attributable to Lands’ End. The denominator for basic and diluted EPS is based upon the number of weighted average shares of Lands’ End common stock outstanding during the reporting periods. For periods ended April 4, 2014 and prior, basic and diluted earnings per share are computed using the number of shares of Lands’ End common stock outstanding on April 4, 2014, the date on which the Lands’ End common stock was distributed to the shareholders of Sears Holdings Corporation. The same number of shares was used to calculate basic and diluted earnings per share since there were no dilutive securities in any of the periods presented.
 
 
13 Weeks Ended
(in thousands, except per share amounts)
 
May 2, 2014
 
May 3, 2013
Net income
 
$
10,868

 
$
7,336

Basic and diluted earnings per common share
 
$
0.34

 
$
0.23

Basic and diluted average shares outstanding
 
31,957

 
31,957