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)
9 Months Ended
Nov. 03, 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
 
Nine-Month Periods Ended
 
 
November 3,
2018
 
October 28,
2017
 
November 3,
2018
 
October 28,
2017
Net loss (a)
 
$
(9,157,000
)
 
$
(1,103,000
)
 
$
(12,183,000
)
 
$
(6,290,000
)
Weighted average number of shares of common stock outstanding — Basic
 
66,351,835

 
65,191,367

 
65,907,301

 
63,400,368

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

 

 

 

Weighted average number of shares of common stock outstanding — Diluted
 
66,351,835

 
65,191,367

 
65,907,301

 
63,400,368

Net loss per common share
 
$
(0.14
)
 
$
(0.02
)
 
$
(0.18
)
 
$
(0.10
)
Net loss per common share — assuming dilution
 
$
(0.14
)
 
$
(0.02
)
 
$
(0.18
)
 
$
(0.10
)
(a) The net loss for the three and nine-month periods ended November 3, 2018 includes costs related to executive and management transition of $408,000 and $1,432,000 and contract termination costs of $0 and $753,000. In addition, the three and nine-month periods ended November 3, 2018 includes business development and expansion costs of $395,000. The net loss for the three and nine-month periods ended October 28, 2017 includes costs related to executive and management transition of $893,000 and $1,971,000 and a loss on debt extinguishment of $221,000 and $1,134,000.
(b) For the three and nine-month periods ended November 3, 2018, there were 817,000 and 454,000 incremental in-the-money potentially dilutive common shares outstanding and -0- for the three and nine-month periods ended October 28, 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.