XML 49 R34.htm IDEA: XBRL DOCUMENT v3.21.1
EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
May 01, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share
The following is a reconciliation of the basic and diluted number of shares used in computing earnings (loss) per share:
 13-Week Period Ended39-Week Period Ended
(in thousands, except per share data)May 1,
2021
May 2,
2020
May 1,
2021
May 2,
2020
Basic weighted average shares outstanding56,458 53,718 56,028 53,485 
Net effect of dilutive stock awards based upon the treasury stock method
4,081 1,499 3,648 — 
Diluted weighted average shares outstanding60,539 55,217 59,676 53,485 
Basic earnings (loss) per share:
Continuing operations$0.83 $1.72 $1.78 $(5.80)
Discontinued operations$0.03 $(0.08)$0.12 $(0.30)
Basic earnings (loss) per share$0.86 $1.64 $1.90 $(6.10)
Diluted earnings (loss) per share:
Continuing operations$0.77 $1.67 $1.67 $(5.80)
Discontinued operations(1)
$0.03 $(0.08)$0.11 $(0.30)
Diluted earnings (loss) per share$0.80 $1.60 $1.78 $(6.10)
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share
790 1,771 1,152 1,868 
(1)The computation of diluted earnings per share from discontinued operations excludes the net effect of dilutive stock awards based on the treasury stock method of approximately 1.5 million shares for the third quarter of fiscal 2020.