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(Loss) Income per Share (Tables)
3 Months Ended
Jul. 27, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income per Share

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

 

 

Three Months Ended

 

 

 

July 27, 2024

 

 

July 29, 2023

 

Numerator:

 

 

 

 

 

 

Net (loss) income (in millions)

 

$

(18.3

)

 

$

0.9

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Denominator for basic income per share - weighted average shares outstanding and vested/unissued restricted stock units

 

 

35,423,886

 

 

 

35,687,876

 

Dilutive potential common shares

 

 

 

 

 

593,531

 

Denominator for diluted income per share

 

 

35,423,886

 

 

 

36,281,407

 

 

 

 

 

 

 

(Loss) income per share:

 

 

 

 

 

 

Basic

 

$

(0.52

)

 

$

0.03

 

Diluted

 

$

(0.52

)

 

$

0.02

 

 

 

 

 

 

 

Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding

 

 

1,004,990

 

 

 

935,698