Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jan. 29, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly financial data

	Fiscal 2015
	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
(in thousands except share data)	$’s		% Net Sales		$’s		% Net Sales		$’s		% Net Sales		$’s			% Net Sales
Net revenue	$	299,387	100.0	%	$	312,414	100.0	%	$	334,434	100.0	%	$	473,543		100.0	%
Gross profit	146,564		49.0	%	144,500		46.3	%	162,415		48.6	%	199,110			42.0	%
Operating income (loss)	8,495		2.8	%	17,918		5.7	%	23,297		7.0	%	(54,794		)	(11.6	)%
Net income (loss)(3)	$	1,724	0.6	%	$	7,461	2.4	%	$	10,725	3.2	%	$	(39,458	)	(8.3	)%
Basic earnings (loss) per common share	$	0.05			$	0.23			$	0.34			$	(1.23	)
Diluted earnings (loss) per common share(2)	$	0.05			$	0.23			$	0.33			$	(1.23	)

	Fiscal 2014
	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
(in thousands except share data)	$’s		Net Sales		$’s		Net Sales		$’s		Net Sales		$’s		Net Sales
Net revenue	$	330,483	100.0	%	$	347,222	100.0	%	$	373,082	100.0	%	$	504,566	100.0	%
Gross profit	162,022		49.0	%	168,406		48.5	%	183,295		49.1	%	222,208		44.0	%
Operating income	18,794		5.7	%	25,298		7.3	%	35,098		9.4	%	60,453		12.0	%
Net income	$	10,868	3.3	%	$	11,845	3.4	%	$	17,991	4.8	%	$	33,095	6.6	%
Basic earnings per common share(1)	$	0.34			$	0.37			$	0.56			$	1.04
Diluted earnings per common share(1)(2)	$	0.34			$	0.37			$	0.56			$	1.03

⁽¹⁾  For periods ended April 4, 2014 and prior, basic earnings per share are computed using 31,956,521, 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 stockholders of Sears Holdings Corporation. The same number of shares was used to calculate basic and diluted earnings per share for Fiscal 2014 as there were no dilutive securities during these periods.

⁽²⁾  The sum of the quarterly earnings per share—basic and diluted amounts may not equal the fiscal year amount due to rounding.

⁽³⁾  Fourth Quarter 2015 Net loss includes an impairment charge of $98.3 million related to the non-cash write-down of our trade name asset, Lands' End.