Annual report pursuant to Section 13 and 15(d)

Earnings (Loss) Per Share

v3.10.0.1
Earnings (Loss) Per Share
12 Months Ended
Oct. 28, 2018
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

Basic and diluted net income (loss) per share is calculated as follows (in thousands, except per share amounts):
 
Year Ended
 
October 28, 2018
 
October 29, 2017
Numerator
 
 
 
Income (loss) from continuing operations
$
(32,685
)
 
$
28,825

Loss from discontinued operations, net of income taxes

 
(1,693
)
Net income (loss)
$
(32,685
)
 
$
27,132

 
 
 
 
Denominator
 
 
 
Basic weighted average number of shares
21,051

 
20,942

Dilutive weighted average number of shares
21,051

 
21,017

 
 
 
 
Per Share Data:
 
 
 
Basic:
 
 
 
Income (loss) from continuing operations
$
(1.55
)
 
$
1.38

Loss from discontinued operations, net of income taxes

 
(0.08
)
Net income (loss)
$
(1.55
)
 
$
1.30

 
 
 
 
Diluted:
 
 
 
Income (loss) from continuing operations
$
(1.55
)
 
$
1.37

Loss from discontinued operations, net of income taxes

 
(0.08
)
Net income (loss)
$
(1.55
)
 
$
1.29



Options to purchase 1,600,040 and 2,499,922 shares of the Company’s common stock were outstanding at October 28, 2018 and October 29, 2017, respectively. Additionally, there were 545,948 and 338,968 unvested RSUs outstanding at October 28, 2018 and October 29, 2017, respectively, and 276,396 unvested PSUs outstanding at October 28, 2018.

The fiscal 2018 diluted earnings per share did not include the effect of potentially dilutive outstanding shares comprised of 97,719 RSUs, 1,600,040 of stock options and 276,936 PSUs because the effect would have been anti-dilutive. For the year ended October 29, 2017, potentially dilutive shares comprising of 51,598 RSUs and 23,550 stock options were included in the computation of diluted earnings per share. The fiscal 2017 diluted earnings per share did not include the effect of potentially dilutive outstanding shares comprised of 222,634 RSUs and 2,332,073 of stock options because the effect would have been anti-dilutive.