Income per Share

3 Months Ended

Jul. 27, 2019

Basic income per share is calculated by dividing net income by the weighted average number of common shares outstanding for the applicable period. Diluted income per share is calculated after adjusting the denominator of the basic income per share calculation for the effect of all potentially dilutive common shares outstanding during the period.

The following table sets forth the computation of basic and diluted income per share:



	Three Months Ended
	July 27, 2019		July 28, 2018
Numerator:
Net Income (in millions)	$	28.3	$	23.7
Denominator:
Denominator for Basic Income per Share-Weighted Average Shares Outstanding and Vested/Unissued Restricted Stock Units	37,534,451		37,350,444
Dilutive Potential Common Shares-Employee Stock Options, Restricted Stock Awards and Restricted Stock Units	132,603		287,058
Denominator for Diluted Income per Share	37,667,054		37,637,502

Basic and Diluted Income per Share:
Basic Income per Share	$	0.75	$	0.63
Diluted Income per Share	$	0.75	$	0.63

In the three months ended July 27, 2019, options and RSUs of 109,418 were excluded from the computation of diluted net income per share as their effect would have been anti-dilutive. All RSAs have been excluded in the computation of diluted net income per share in the three months ended July 27, 2019 as these awards contain performance conditions that would not have been achieved as of the three months ended July 27, 2019.

In the three months ended July 28, 2018, the Company had no options or RSUs that were excluded from the computation of diluted net income per shares. All RSAs have been excluded in the computation of diluted net income per share in the three months ended July 28, 2018, as these awards contain performance conditions that would not have been achieved as of the three months ended July 28, 2018.