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EARNINGS PER SHARE (Tables)
3 Months Ended
Oct. 31, 2020
Earnings Per Share [Abstract]  
Schedule of earnings per share
The following is a reconciliation of the basic and diluted number of shares used in computing earnings per share:
 13-Week Period Ended
(in thousands, except per share data)October 31,
2020
November 2,
2019
Basic weighted average shares outstanding55,171 53,213 
Net effect of dilutive stock awards based upon the treasury stock method
— — 
Diluted weighted average shares outstanding55,171 53,213 
Basic (loss) earnings per share:
Continuing operations$(0.04)$(7.29)
Discontinued operations$0.02 $0.08 
Basic loss per share$(0.02)$(7.21)
Diluted (loss) earnings per share:
Continuing operations$(0.04)$(7.29)
Discontinued operations(1)
$0.02 $0.08 
Diluted loss per share$(0.02)$(7.21)
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share
5,247 8,272 
(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 3.95 million and 63 thousand for the first quarters of fiscal 2021 and 2020, respectively.