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Earnings Per Share (Tables)
 4 Months Ended
Apr. 23, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share The following table sets forth the computation of basic and diluted net earnings per share:

 

16 Weeks Ended

 

(In thousands, except per share amounts)

April 23, 2022

 

 

April 24, 2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Net earnings

$

 

19,289

 

 

$

 

19,516

 

Adjustment for earnings attributable to participating securities

 

 

(273

)

 

 

 

(426

)

Net earnings used in calculating earnings per share

$

 

19,016

 

 

$

 

19,090

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

35,566

 

 

 

 

35,765

 

Adjustment for participating securities

 

 

(504

)

 

 

 

(781

)

Shares used in calculating basic earnings per share

 

 

35,062

 

 

 

 

34,984

 

Effect of dilutive stock warrant

 

 

648

 

 

 

 

86

 

Effect of dilutive restricted stock awards

 

 

168

 

 

 

 

25

 

Shares used in calculating diluted earnings per share

 

 

35,878

 

 

 

 

35,095

 

Basic earnings per share

$

 

0.54

 

 

$

 

0.55

 

Diluted earnings per share

$

 

0.53

 

 

$

 

0.54