Earnings Per Share (Tables)

3 Months Ended

Apr. 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 for the thirteen weeks ended April 25, 2020 and April 27, 2019 as follows (dollars in thousands, except share and per share data):

	Thirteen Weeks Ended
	April 25, 2020		April 27, 2019
Numerator:
Net (loss) income	$	(358,942)	$	13,883
Denominator:
Weighted average common shares outstanding-basic		64,130,000		63,672,824
Effect of dilutive securities:
Stock options and restricted stock units		—		2,143,009
Weighted average common shares outstanding-diluted		64,130,000		65,815,833
Net (loss) income per common share:
Basic	$	(5.60)	$	0.22
Diluted	$	(5.60)	$	0.21