EARNINGS PER SHARE

6 Months Ended

Jan. 29, 2022

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 13—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				26-Week Period Ended
(in millions, except per share data)	January 29, 2022		January 30, 2021		January 29, 2022		January 30, 2021
Basic weighted average shares outstanding	58.3		56.1		57.6		55.7
Net effect of dilutive stock awards based upon the treasury stock method	2.7		3.1		3.4		3.4
Diluted weighted average shares outstanding	61.0		59.2		61.0		59.1
Basic earnings per share:
Continuing operations	$	1.13	$	1.01	$	2.47	$	0.99
Discontinued operations	$	—	$	0.04	$	—	$	0.05
Basic earnings per share	$	1.13	$	1.05	$	2.47	$	1.04
Diluted earnings per share:
Continuing operations	$	1.08	$	0.96	$	2.33	$	0.93
Discontinued operations	$	—	$	0.04	$	—	$	0.05
Diluted earnings per share	$	1.08	$	1.00	$	2.33	$	0.98
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share	0.4		1.1		0.9		1.2