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Summary of Quarterly Results of Operations (Unaudited)
12 Months Ended
May 01, 2021
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations (Unaudited)

Note 17. Summary of Quarterly Results of Operations (Unaudited)

The following is a summary of unaudited quarterly results of operations for fiscal 2021 and fiscal 2020:

 

 

Fiscal 2021

 

 

 

Quarter Ended

 

 

 

August 1,

2020

 

 

October 31,

2020

 

 

January 30,

2021

 

 

May 1,

2021

 

(in millions, except per share data)

 

(13 Weeks)

 

 

(13 Weeks)

 

 

(13 Weeks)

 

 

(13 Weeks)

 

Net sales

 

$

190.9

 

 

$

300.8

 

 

$

295.3

 

 

$

301.0

 

Gross profit

 

$

45.1

 

 

$

80.8

 

 

$

72.6

 

 

$

75.6

 

Net income

 

$

20.7

 

 

$

38.6

 

 

$

31.9

 

 

$

31.1

 

Net income per basic common share

 

$

0.55

 

 

$

1.01

 

 

$

0.84

 

 

$

0.82

 

Net income per diluted common share

 

$

0.54

 

 

$

1.01

 

 

$

0.83

 

 

$

0.81

 

 

 

 

Fiscal 2020

 

 

 

Quarter Ended

 

 

 

July 27,

2019

 

 

October 26,

2019

 

 

February 1,

2020

 

 

May 2,

2020

 

(in millions, except per share data)

 

(13 Weeks)

 

 

(13 Weeks)

 

 

(14 Weeks)

 

 

(13 Weeks)

 

Net sales

 

$

270.2

 

 

$

257.2

 

 

$

285.9

 

 

$

210.6

 

Gross profit

 

$

75.8

 

 

$

68.6

 

 

$

79.3

 

 

$

59.2

 

Net income

 

$

28.3

 

 

$

23.8

 

 

$

41.2

 

 

$

30.1

 

Net income per basic common share

 

$

0.75

 

 

$

0.63

 

 

$

1.10

 

 

$

0.80

 

Net income per diluted common share

 

$

0.75

 

 

$

0.63

 

 

$

1.09

 

 

$

0.79