XML 42 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity and Earnings Per Share (Tables)
 12 Months Ended
Apr. 28, 2018
Reconciliation of Basic and Diluted Loss Per Share
The following is a reconciliation of the basic and diluted earnings per share calculation:
(shares in thousands)
Fiscal 2018
 
Fiscal 2017
 
Fiscal 2016
Numerator for basic earnings per share:
 
 
 
 
 
Net (loss) income
$
(252,566
)
 
$
5,361

 
$
84

Less allocation of earnings to participating securities
—

 
(3
)
 
—

Net (loss) income available to common shareholders
$
(252,566
)
 
$
5,358

 
$
84

 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
Net (loss) income available to common shareholders
$
(252,566
)
 
$
5,358

 
$
84

Allocation of earnings to participating securities
—

 
3

 
—

Less diluted allocation of earnings to participating securities
—

 
(3
)
 
—

Net (loss) income available to common shareholders
$
(252,566
)
 
$
5,358

 
$
84

 
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
Basic weighted average shares of Common Stock
46,763

 
46,317

 
46,238

 
 
 
 
 
 
Denominator for diluted earnings per share:
 
 
 
 
 
Basic weighted average shares of Common Stock
46,763

 
46,317

 
46,238

Average dilutive restricted stock units
—

 
389

 
227

Average dilutive performance shares
—

 
40

 
—

Average dilutive restricted shares
—

 
17

 
—

Average dilutive performance share units
—

 
—

 
—

Average dilutive options
—

 
—

 
14

Diluted weighted average shares of Common Stock
46,763

 
46,763

 
46,479

 
 
 
 
 
 
(Loss) Earnings per share of Common Stock:
 
 
 
 
 
Basic
$
(5.40
)
 
$
0.12

 
$
—

Diluted
$
(5.40
)
 
$
0.11

 
$
—