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Net Earnings (Loss) Per Share (Tables)
9 Months Ended
Jan. 26, 2019
Reconciliation of Basic and Diluted Loss Per Share
The following is a reconciliation of the basic and diluted earnings (loss) per share calculation:
 
13 weeks ended
 
39 weeks ended
(shares in thousands)
January 26,
2019
 
January 27,
2018
 
January 26,
2019
 
January 27,
2018
Numerator for basic earnings per share:
 
 
 
 
 
 
 
Net income (loss)
$
769

 
$
(283,235
)
 
$
21,844

 
$
(269,623
)
Less allocation of earnings to participating securities

 

 
(9
)
 

Net income (loss) available to common shareholders
$
769

 
$
(283,235
)
 
$
21,835

 
$
(269,623
)
 
 
 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders
$
769

 
$
(283,235
)
 
$
21,835

 
$
(269,623
)
Allocation of earnings to participating securities

 

 
9

 

Less diluted allocation of earnings to participating securities

 

 
(9
)
 

Net income (loss) available to common shareholders
$
769

 
$
(283,235
)
 
$
21,835

 
$
(269,623
)
 
 
 
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
 
 
Basic weighted average shares of Common Stock
47,561

 
46,914

 
47,220

 
46,712

 
 
 
 
 
 
 
 
Denominator for diluted earnings per share:
 
 
 
 
 
 
 
Basic weighted average shares of Common Stock
47,561

 
46,914

 
47,220

 
46,712

Average dilutive restricted stock units
178

 

 
403

 

Average dilutive performance shares
45

 

 
41

 

Average dilutive restricted shares
3

 

 
10

 

Average dilutive performance share units
150

 

 
98

 

Diluted weighted average shares of Common Stock
47,937

 
46,914

 
47,772

 
46,712

 
 
 
 
 
 
 
 
Earnings (loss) per share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.02

 
$
(6.04
)
 
$
0.46

 
$
(5.77
)
Diluted
$
0.02

 
$
(6.04
)
 
$
0.46

 
$
(5.77
)