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Earnings Per Share (Tables)
9 Months Ended
Nov. 02, 2013
Reconciliation of Number of Shares Outstanding for Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the number of shares outstanding for basic and diluted earnings per share:

 

     For the three months
ended
     For the nine months
ended
 
(in thousands)    November 2,
2013
     October 27,
2012
     November 2,
2013
     October 27,
2012
 

Common Stock Outstanding

           

Basic weighted average common shares outstanding

     48,553         48,053         48,441         47,887   

Common stock equivalents – stock options and restricted stock. Common stock equivalents of 594 shares and 282 shares for the three and nine months ended November 2, 2013, respectively, and 410 shares for the three months ended October 27, 2012, were excluded due to the net loss

     —          —           —          449   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average common shares outstanding

     48,553         48,053         48,441         48,336   
  

 

 

    

 

 

    

 

 

    

 

 

 
Potential Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following potential common stock equivalents were excluded from the computation of diluted earnings per share in each period because the exercise price of such options was greater than the average market price per share of common stock, adjusted for any unearned compensation for the respective periods, if applicable.

 

     For the three months ended    For the nine months ended
(in thousands, except exercise prices)    November 2, 2013    October 27, 2012    November 2, 2013    October 27, 2012

Stock Options (time-vested)

   1,759    1,474    2,214    1,657

Restricted Stock (time-vested)

         1,099   

Range of exercise prices of such stock options

   $4.96 - $10.26    $4.24 - $10.26    $4.54 - $10.26    $3.76 - $10.76