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EARNINGS PER SHARE
 12 Months Ended
Aug. 03, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 16—EARNINGS PER SHARE

The following is a reconciliation of the basic and diluted number of shares used in computing earnings per share:
(in thousands, except per share data)
 
2019
 
2018
 
2017
Basic weighted average shares outstanding
 
51,245

 
50,530

 
50,570

Net effect of dilutive stock awards based upon the treasury stock method
 
—

 
307

 
205

Diluted weighted average shares outstanding
 
51,537

 
50,837

 
50,775

 
 
 
 
 
 
 
Basic per share data:
 
 
 
 
 
 
Continuing operations
 
$
(6.84
)
 
$
3.28

 
$
2.57

Discontinued operations
 
$
1.28

 
$
—

 
$
—

Basic (loss) income per share
 
$
(5.56
)
 
$
3.28

 
$
2.57

Diluted per share data:
 
 
 
 
 
 
Continuing operations
 
$
(6.84
)
 
$
3.26

 
$
2.56

Discontinued operations(1)
 
$
1.27

 
$
—

 
$
—

Diluted (loss) income per share
 
$
(5.56
)
 
$
3.26

 
$
2.56

 
 
 
 
 
 
 
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share
 
3,434

 
93

 
44


(1)
The computation of diluted earnings per share from discontinued operations is calculated using diluted weighted average shares outstanding, which includes the net effect of dilutive stock awards, of approximately 292 thousand shares for fiscal 2019.