Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.20.1
Earnings (Loss) Per Share
6 Months Ended
May 03, 2020
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

Basic and diluted net loss per share are calculated as follows (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
 
May 3, 2020
 
April 28, 2019
 
May 3, 2020
 
April 28, 2019
 
Numerator
 
 
 
 
 
 
 
 
Net loss
$
(5,425
)
 
$
(5,165
)
 
$
(16,233
)
 
$
(8,380
)
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Basic weighted average number of shares
21,416

 
21,082

 
21,416

 
21,081

 
Diluted weighted average number of shares
21,416

 
21,082

 
21,416

 
21,081

 
 
 
 
 
 
 
 
 
 
Net loss per share:
 
 
 
 
 
 
 
 
Basic
$
(0.25
)
 
$
(0.24
)
 
$
(0.76
)
 
$
(0.40
)
 
Diluted
$
(0.25
)
 
$
(0.24
)
 
$
(0.76
)
 
$
(0.40
)
 


The diluted earnings per share for the six months ended May 3, 2020 did not include the effect of potentially dilutive outstanding shares comprised of 653,210 RSUs (defined below), 401,053 stock options and 376,986 PSUs (defined below) because the effect would have been anti-dilutive. The diluted earnings per share for the six months ended April 28, 2019 did not include the effect of potentially dilutive outstanding shares comprised of 383,962 RSUs, 922,193 stock options and 176,989 PSUs because the effect would have been anti-dilutive.