LOSS PER 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 EPS calculations consist of nonvested equity shares of common stock and in-the-money outstanding stock options, if any, to purchase the Company’s common stock.

The following table summarizes the components of basic and diluted EPS:



	13 Weeks Ended						26 Weeks Ended
(in thousands, except per share amounts)	August 3, 2018			July 28, 2017			August 3, 2018			July 28, 2017
Net loss	$	(5,285	)	$	(3,880	)	$	(7,915	)	$	(11,719	)

Basic weighted average common shares outstanding	32,212			32,079			32,168			32,054
Dilutive effect of stock awards	—			—			—			—
Diluted weighted average common shares outstanding	32,212			32,079			32,168			32,054

Basic loss per share	$	(0.16	)	$	(0.12	)	$	(0.25	)	$	(0.37	)
Diluted loss per share	$	(0.16	)	$	(0.12	)	$	(0.25	)	$	(0.37	)

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 440,906, 41,080, 454,433, and 69,239 anti-dilutive shares excluded from the diluted weighted average shares outstanding for Second Quarter 2018, Second Quarter 2017, Year-to-Date 2018, and Year-to-Date 2017, respectively.