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Earnings Per Share (Tables)
4 Months Ended
Apr. 20, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share from Continuing Operations

The following table sets forth the computation of basic and diluted earnings per share from continuing operations:

 

 

16 Weeks Ended

 

(In thousands, except per share amounts)

April 20, 2019

 

 

April 21, 2018

 

Numerator:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

$

 

7,521

 

 

$

 

12,435

 

Adjustment for earnings attributable to participating securities

 

 

(183

)

 

 

 

(246

)

Earnings from continuing operations used in calculating earnings per share

$

 

7,338

 

 

$

 

12,189

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

36,121

 

 

 

 

36,186

 

Adjustment for participating securities

 

 

(878

)

 

 

 

(717

)

Shares used in calculating basic earnings per share

 

 

35,243

 

 

 

 

35,469

 

Effect of dilutive stock options

 

 

—

 

 

 

 

11

 

Shares used in calculating diluted earnings per share

 

 

35,243

 

 

 

 

35,480

 

Basic earnings per share from continuing operations

$

 

0.21

 

 

$

 

0.34

 

Diluted earnings per share from continuing operations

$

 

0.21

 

 

$

 

0.34