XML 66 R46.htm IDEA: XBRL DOCUMENT v3.20.2
EARNING PER SHARE (Tables)
 12 Months Ended
Aug. 01, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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)
 
2020
 
2019
 
2018
Basic weighted average shares outstanding
 
53,778

 
51,245

 
50,530

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

 
—

 
307

Diluted weighted average shares outstanding
 
53,778

 
51,245

 
50,837

 
 
 
 
 
 
 
Basic (loss) earnings per share:
 
 
 
 
 
 
Continuing operations
 
$
(4.81
)
 
$
(5.57
)
 
$
3.22

Discontinued operations
 
$
(0.28
)
 
$
0.02

 
$
—

Basic (loss) income per share
 
$
(5.10
)
 
$
(5.56
)
 
$
3.22

Diluted (loss) earnings per share:
 
 
 
 
 
 
Continuing operations
 
$
(4.81
)
 
$
(5.57
)
 
$
3.20

Discontinued operations(1)
 
$
(0.28
)
 
$
0.02

 
$
—

Diluted (loss) income per share
 
$
(5.10
)
 
$
(5.56
)
 
$
3.20

 
 
 
 
 
 
 
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share
 
3,649

 
3,434

 
93


(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 0 thousand and 292 thousand shares for fiscal 2020 and 2019, respectively.