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 U.S. GAAP. Potentially dilutive securities for the diluted EPS calculations consist of nonvested equity shares of common stock and in-the-money outstanding options where the current stock price exceeds the option strike price, 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 2, 2019			August 3, 2018			August 2, 2019			August 3, 2018
Net loss	$	(3,014	)	$	(5,285	)	$	(9,832	)	$	(7,915	)

Basic weighted average common shares outstanding	32,368			32,212			32,314			32,168
Dilutive effect of stock awards	—			—			—			—
Diluted weighted average common shares outstanding	32,368			32,212			32,314			32,168

Basic Loss per share	$	(0.09	)	$	(0.16	)	$	(0.30	)	$	(0.25	)
Diluted Loss per share	$	(0.09	)	$	(0.16	)	$	(0.30	)	$	(0.25	)

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 779,299, 718,266, 779,299 and 718,266 anti-dilutive shares excluded from the diluted weighted average shares outstanding for Second Quarter 2019, Second Quarter 2018, Year-to-Date 2019 and Year-to-Date 2018, respectively.