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Earnings Per Share
 6 Months Ended
Jul. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The numerator for both basic and diluted EPS is net income. The denominator for basic EPS is based upon the number of weighted average shares of Lands’ End common stock outstanding during the reporting periods. The denominator for diluted EPS is based upon the number of weighted average shares of Lands' End common stock and common stock equivalents outstanding during the reporting periods using the treasury stock method in accordance with the FASB ASC. 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 following table summarizes the components of basic and diluted earnings per share:
 
 
13 Weeks Ended
 
26 Weeks Ended
(in thousands, except per share amounts)
 
July 31, 2015
 
August 1, 2014
 
July 31, 2015
 
August 1, 2014
Net income
 
$
7,461

 
$
11,845

 
$
9,185

 
$
22,713

 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
31,978

 
31,957

 
31,967

 
31,957

Dilutive effect of stock awards
 
69

 
5

 
82

 
2

Diluted weighted average shares outstanding
 
32,047

 
31,962

 
32,049

 
31,959

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.23

 
$
0.37

 
$
0.29

 
$
0.71

Diluted earnings per share
 
$
0.23

 
$
0.37

 
$
0.29

 
$
0.71


Anti-dilutive stock awards are comprised of awards which are anti-dilutive in the application of the treasury stock method and are excluded from the diluted weighted average shares outstanding. Total anti-dilutive stock awards were 133,081 shares for both the Second Quarter 2015 and Year to Date 2015. There were no anti-dilutive stock awards for the Second Quarter 2014 and Year to Date 2014.