Quarterly report pursuant to Section 13 or 15(d)

Earnings/(Loss) per Share (Tables)

v2.4.0.8
Earnings/(Loss) per Share (Tables)
3 Months Ended
May 03, 2014
Earnings Per Share [Abstract]  
Earnings/(Loss) per Share
Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below:
 
 
Three Months Ended
(in millions, except per share data)
May 3,
2014
 
May 4,
2013
Earnings/(loss)
 
 
 
Net income/(loss)
$
(352
)
 
$
(348
)
Shares
 
 
 
Weighted average common shares outstanding (basic shares)
305.0

 
219.9

Adjustment for assumed dilution:
 
 
 
Stock options, restricted stock awards and warrant

 

Weighted average shares assuming dilution (diluted shares)
305.0

 
219.9

EPS
 
 
 
Basic
$
(1.15
)
 
$
(1.58
)
Diluted
$
(1.15
)
 
$
(1.58
)
Antidilutive common stock
The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive:
 
 
Three Months Ended
(Shares in millions)
May 3,
2014
 
May 4,
2013
Stock options, restricted stock awards and warrant
24.7

 
25.4