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Earnings Per Share
 3 Months Ended
Apr. 29, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The numerator for both basic and diluted EPS is net (loss) 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 ASC.
The following table summarizes the components of basic and diluted EPS:
 
 
13 Weeks Ended
(in thousands, except per share amounts)
 
April 29, 2016
 
May 1, 2015
Net (loss) income
 
$
(5,759
)
 
$
1,724

 
 
 
 
 
Basic weighted average shares outstanding
 
32,002

 
31,957

Dilutive effect of stock awards
 
—

 
103

Diluted weighted average shares outstanding
 
32,002

 
32,060

 
 
 
 
 
Basic (loss) earnings per share
 
$
(0.18
)
 
$
0.05

Diluted (loss) earnings per share
 
$
(0.18
)
 
$
0.05


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 65,143 shares for the First Quarter 2016 due to the net loss reported. There were no anti-dilutive stock awards for the First Quarter 2015.