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Net Earnings (Loss) Per Share (Tables)
9 Months Ended
Jan. 28, 2017
Reconciliation of Basic and Diluted Loss Per Share
The following is a reconciliation of the basic and diluted loss per share calculation:
 
13 weeks ended
 
39 weeks ended
 
January 28,
2017
 
January 30,
2016
 
January 28,
2017
 
January 30,
2016
Numerator for basic earnings per share:
 
 
 
 
 
 
 
Net income (loss)
$
3,761

 
$
(3,603
)
 
$
5,134

 
$
2,880

Less allocation of earnings to participating securities
(1
)
 

 
(3
)
 
(9
)
Net income (loss) available to common shareholders
$
3,760

 
$
(3,603
)
 
$
5,131

 
$
2,871

 
 
 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders
$
3,760

 
$
(3,603
)
 
$
5,131

 
$
2,871

Allocation of earnings to participating securities
1

 

 
3

 
9

Less diluted allocation of earnings to participating securities
(1
)
 

 
(3
)
 
(9
)
Net income (loss) available to common shareholders
$
3,760

 
$
(3,603
)
 
$
5,131

 
$
2,871

 
 
 
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
 
 
Basic weighted average shares of Common Stock
46,276

 
48,088

 
46,265

 
45,907

 
 
 
 
 
 
 
 
Denominator for diluted earnings per share:
 
 
 
 
 
 
 
Basic weighted average shares of Common Stock
46,276

 
48,088

 
46,265

 
45,907

Average dilutive restricted stock units
512

 

 
397

 
247

Average dilutive performance shares
52

 

 
33

 

Average dilutive restricted shares
4

 

 
21

 

Average dilutive options

 

 

 
19

Diluted weighted average shares of Common Stock
46,844

 
48,088

 
46,716

 
46,173

 
 
 
 
 
 
 
 
Earnings (Loss) per share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.08

 
$
(0.07
)
 
$
0.11

 
$
0.06

Diluted
$
0.08

 
$
(0.07
)
 
$
0.11

 
$
0.06