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Earnings Per Share
9 Months Ended
Oct. 28, 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
 
39 Weeks Ended
(in thousands, except per share amounts)
 
October 28, 2016
 
October 30, 2015
 
October 28, 2016
 
October 30, 2015
Net (loss) income
 
$
(7,222
)
 
$
10,725

 
$
(14,961
)
 
$
19,910

 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
32,029

 
31,991

 
32,018

 
31,975

Dilutive effect of stock awards
 

 
68

 

 
67

Diluted weighted average shares outstanding
 
32,029

 
32,059

 
32,018

 
32,042

 
 
 
 
 
 
 
 
 
Basic (loss) earnings per share
 
$
(0.23
)
 
$
0.34

 
$
(0.47
)
 
$
0.62

Diluted (loss) earnings per share
 
$
(0.23
)
 
$
0.33

 
$
(0.47
)
 
$
0.62

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 17,719 and 30,673 shares for the Third Quarter 2016 and Year to Date 2016, respectively, due to the net loss reported. Total anti-dilutive stock awards were 129 and 126,602 shares for the Third Quarter 2015 and Year to Date 2015, respectively.