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Earnings Per Share
 3 Months Ended
Apr. 28, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
ER SHARE
The numerator for both basic and diluted EPS is net loss. 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. Potentially dilutive securities for the diluted loss per share calculations consist of nonvested equity shares of common stock and in-the-money outstanding stock options to purchase the Company’s common stock.
The following table summarizes the components of basic and diluted EPS:
 
 
13 Weeks Ended
(in thousands, except per share amounts)
 
April 28, 2017
 
April 29, 2016
Net loss
 
$
(7,839
)
 
$
(5,759
)
 
 
 
 
 
Basic weighted average shares outstanding
 
32,029

 
32,002

Dilutive effect of stock awards
 
—

 
—

Diluted weighted average shares outstanding
 
32,029

 
32,002

 
 
 
 
 
Basic loss per share
 
$
(0.24
)
 
$
(0.18
)
Diluted loss per share
 
$
(0.24
)
 
$
(0.18
)
Stock awards are considered anti-dilutive based on the application of the treasury stock method or in the event of a net loss. There were 98,905 and 65,143 shares excluded from the diluted weighted average shares outstanding for First Quarter 2017 and First Quarter 2016, respectively.