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Earnings (Loss) Per Share (Tables)
3 Months Ended
Jul. 11, 2020
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:

 

12 Weeks Ended

 

 

28 Weeks Ended

 

(In thousands, except per share amounts)

July 11, 2020

 

 

July 13, 2019

 

 

July 11, 2020

 

 

July 13, 2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) from continuing operations

$

 

28,467

 

 

$

 

(6,767

)

 

$

 

43,869

 

 

$

 

754

 

Adjustment for earnings (loss) attributable to participating securities

 

 

(670

)

 

 

 

172

 

 

 

 

(1,070

)

 

 

 

(19

)

Earnings (loss) from continuing operations used in calculating earnings per share

$

 

27,797

 

 

$

 

(6,595

)

 

$

 

42,799

 

 

$

 

735

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

35,706

 

 

 

 

36,323

 

 

 

 

35,972

 

 

 

 

36,208

 

Adjustment for participating securities

 

 

(840

)

 

 

 

(921

)

 

 

 

(877

)

 

 

 

(897

)

Shares used in calculating basic earnings per share

 

 

34,866

 

 

 

 

35,402

 

 

 

 

35,095

 

 

 

 

35,311

 

Effect of dilutive restricted stock awards

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in calculating diluted earnings per share

 

 

34,867

 

 

 

 

35,402

 

 

 

 

35,095

 

 

 

 

35,311

 

Basic earnings (loss) per share from continuing operations

$

 

0.80

 

 

$

 

(0.19

)

 

$

 

1.22

 

 

$

 

0.02

 

Diluted earnings (loss) per share from continuing operations

$

 

0.80

 

 

$

 

(0.19

)

 

$

 

1.22

 

 

$

 

0.02