Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v3.10.0.1
Net Loss Per Common Share (Tables)
6 Months Ended
Aug. 04, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A reconciliation of net loss per share calculations and the number of shares used in the calculation of basic loss per share and diluted loss per share is as follows:
 
 
Three-Month Periods Ended
 
Six-Month Periods Ended
 
 
August 4,
2018
 
July 29,
2017
 
August 4,
2018
 
July 29,
2017
Net loss (a)
 
$
(40,000
)
 
$
(1,991,000
)
 
$
(3,026,000
)
 
$
(5,187,000
)
Weighted average number of shares of common stock outstanding — Basic
 
66,009,117

 
64,091,228

 
65,685,034

 
62,504,868

Dilutive effect of stock options, non-vested shares and warrants (b)
 

 

 

 

Weighted average number of shares of common stock outstanding — Diluted
 
66,009,117

 
64,091,228

 
65,685,034

 
62,504,868

Net loss per common share
 
$
(0.00
)
 
$
(0.03
)
 
$
(0.05
)
 
$
(0.08
)
Net loss per common share — assuming dilution
 
$
(0.00
)
 
$
(0.03
)
 
$
(0.05
)
 
$
(0.08
)
(a) The net loss for the three and six-month periods ended August 4, 2018 includes costs related to executive and management transition of $0 and $1,024,000 and contract termination costs of $0 and $753,000. The net loss for the three and six-month periods ended July 29, 2017 includes costs related to executive and management transition of $572,000 and $1,078,000 and a loss on debt extinguishment of $0 and $913,000.
(b) For the three and six-month periods ended August 4, 2018, there were 543,000 and 272,000 incremental in-the-money potentially dilutive common shares outstanding, and -0- for the three and six-month periods ended July 29, 2017. The incremental in-the-money potentially dilutive common stock shares are excluded from the computation of diluted earnings per share, as the effect of their inclusion would be anti-dilutive.