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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 26, 2019
Jan. 27, 2018
Jan. 26, 2019
Jan. 27, 2018
Sales $ 1,231,348 $ 1,231,771 $ 2,797,312 $ 2,876,204
Cost of sales and occupancy 833,990 831,745 1,946,535 1,994,002
Gross profit 397,358 400,026 850,777 882,202
Selling and administrative expenses 269,442 271,220 717,489 767,243
Depreciation and amortization 26,622 28,245 74,955 81,842
Asset impairments 22,067 135,436 22,067 135,436
Operating income (loss) 79,227 (34,875) 36,266 (102,319)
Interest expense, net and amortization of deferred financing fees 3,372 2,536 10,056 7,254
Income (loss) before taxes 75,855 (37,411) 26,210 (109,573)
Income tax provision (benefit) 8,925 26,125 3,712 (5,165)
Net income (loss) $ 66,930 $ (63,536) $ 22,498 $ (104,408)
Income (loss) per common share:        
Basic $ 0.91 $ (0.87) $ 0.31 $ (1.44)
Diluted $ 0.91 $ (0.87) $ 0.31 $ (1.44)
Weighted average common shares outstanding:        
Basic 73,022 72,649 72,881 72,566
Diluted 73,317 72,649 73,075 72,566
Dividends declared per common share $ 0.15 $ 0.15 $ 0.45 $ 0.45