Earnings Per Share (Tables)

12 Months Ended

Jan. 25, 2020

Earnings Per Share

Schedule of calculation of basic and diluted earnings per share

The following table sets forth the calculation of basic and diluted earnings per share as follows (dollars in thousands, except share and per share data):

	Fiscal Year Ended
	January 25, 2020		January 26, 2019		January 27, 2018
Numerator:
Net (loss) income	$	(214,435)	$	48,996	$	31,812
Denominator:
Weighted average common shares outstanding-basic		63,975,633		62,936,959		60,503,860
Effect of dilutive securities:
Stock options and restricted stock units		—		3,362,687		3,208,143
Weighted average common shares outstanding-diluted		63,975,633		66,299,646		63,712,003
Net (loss) income per common share:
Basic	$	(3.35)	$	0.78	$	0.53
Diluted	$	(3.35)	$	0.74	$	0.50