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Earnings Per Share
 12 Months Ended
Oct. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

Basic (loss) earnings per share is computed by dividing net (loss) income attributable to the Company by the weighted average number of shares outstanding during each period. Diluted (loss) earnings per share is computed similar to basic (loss) earnings per share, except that the weighted average number of shares outstanding is increased to include additional shares from the assumed exercise of stock options, performance shares and restricted stock units, if dilutive.

The following table sets forth the computation of basic and diluted (loss) earnings per share:
In thousands, except per share amounts
October 30,
2015
 
October 31,
2014
 
October 25,
2013
 
 
 
(As adjusted)
 
(As adjusted)
Numerator:
 
 
 
 
 
(Loss) income from continuing operations available to common shareholders
$
(1,178,004
)
 
$
338,118

 
$
536,759

Loss from discontinued operations available to common shareholders
—

 
—

 
(225
)
Net (loss) income available to common shareholders
$
(1,178,004
)
 
$
338,118

 
$
536,534

Denominator:
 
 
 
 
 
Weighted average shares outstanding
97,493

 
100,088

 
106,070

Dilutive effect of stock options, performance shares and restricted stock units
—

 
851

 
926

Weighted average shares outstanding assuming dilution
97,493

 
100,939

 
106,996

Basic (loss) earnings per share:
 
 
 
 
 
(Loss) income from continuing operations
$
(12.08
)
 
$
3.38

 
$
5.06

Loss from discontinued operations
—

 
—

 
—

Net (loss) income
$
(12.08
)
 
$
3.38

 
$
5.06

Diluted (loss) earnings per share:
 
 
 
 
 
(Loss) income from continuing operations
$
(12.08
)
 
$
3.35

 
$
5.02

Loss from discontinued operations
—

 
—

 
—

Net (loss) income
$
(12.08
)
 
$
3.35

 
$
5.02



In fiscal 2015, the computation of weighted average shares outstanding assuming dilution does not include the effect of stock options, performance shares and restricted stock units because a loss from continuing operations existed and thus the result would have been antidilutive.

Options to purchase a weighted average of 1.8 million and 1.4 million shares were excluded from the calculations of diluted (loss) earnings per share for fiscal 2014 and 2013, respectively, as the effect would have been antidilutive.