Earnings (Loss) per Share (Tables)

3 Months Ended

Jul. 28, 2012

Reconciliation of Basic and Diluted Loss Per Share

The following is a reconciliation of the Company’s basic and diluted loss per share calculation:

	13 weeks ended
	July 28, 2012			July 30, 2011
Numerator for basic loss per share:
Net loss	$	(40,980	)		(56,606	)
Preferred stock dividends		(3,942	)		—
Accretion of dividends on preferred stock		(316	)		—
Net loss available to common shareholders	$	(45,238	)		(56,606	)
Numerator for diluted loss per share:
Net loss available to common shareholders	$	(45,238	)		(56,606	)
Denominator for basic and diluted loss per share:
Basic weighted average common shares		58,021			57,153
Average dilutive options		—			—
Diluted weighted average common shares		58,021			57,153
Loss per common share
Basic	$	(0.78	)		(0.99	)
Diluted	$	(0.78	)		(0.99	)