Net Earnings (Loss) Per Share (Tables)

6 Months Ended

Oct. 27, 2018

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						26 weeks ended
(shares in thousands)	October 27, 2018			October 28, 2017			October 27, 2018			October 28, 2017
Numerator for basic earnings per share:
Net income	$	59,697		$	48,395		$	21,075		$	13,612
Less allocation of earnings to participating securities	(24		)	(16		)	(9		)	(4		)
Net income available to common shareholders	$	59,673		$	48,379		$	21,066		$	13,608
Numerator for diluted earnings per share:
Net income available to common shareholders	$	59,673		$	48,379		$	21,066		$	13,608
Allocation of earnings to participating securities	24			16			9			4
Less diluted allocation of earnings to participating securities	(24		)	(16		)	(9		)	(4		)
Net income available to common shareholders	$	59,673		$	48,379		$	21,066		$	13,608
Denominator for basic earnings per share:
Basic weighted average shares of Common Stock	47,184			46,705			47,050			46,611
Denominator for diluted earnings per share:
Basic weighted average shares of Common Stock	47,184			46,705			47,050			46,611
Average dilutive restricted stock units	463			162			516			389
Average dilutive performance shares	42			113			38			127
Average dilutive restricted shares	11			7			13			8
Average dilutive performance share units	124			19			72			9
Diluted weighted average shares of Common Stock	47,824			47,006			47,689			47,144
Earnings per share of Common Stock:
Basic	$	1.26		$	1.04		$	0.45		$	0.29
Diluted	$	1.25		$	1.03		$	0.44		$	0.29