QUARTERLY FINANCIAL DATA (Unaudited)

12 Months Ended

Jul. 28, 2012

Quarterly Financial Data (Unaudited) [Abstract]

Quarterly Financial Data (Unaudited) [Text Block]

18. Quarterly Financial Data (Unaudited)

In the opinion of management, the following unaudited quarterly data for fiscal 2012 and 2011 reflect all adjustments (consisting of normal recurring accruals), which are necessary to present a fair presentation of amounts shown for such periods (the sum of the quarterly results may not equal the reported annual amounts due to rounding). The earnings per common share calculation for each quarter is based on the weighted average shares of common stock outstanding plus the dilutive effect of stock options and restricted share units, if any.

	First		Second			Third		Fourth
	Quarter		Quarter			Quarter		Quarter
	(Dollars in thousands, except per share amounts)
Fiscal 2012:
Revenues	$	319,575	$	267,407		$	296,103	$	318,034
Costs of earned revenues, excluding depreciation and amortization	$	255,187	$	220,239		$	241,386	$	252,137
Gross profit	$	64,388	$	47,168		$	54,717	$	65,897
Net income	$	12,966	$	3,485		$	9,645	$	13,282
Earnings per common share - Basic	$	0.39	$	0.10		$	0.29	$	0.40
Earnings per common share - Diluted	$	0.38	$	0.10		$	0.28	$	0.39
	First		Second			Third		Fourth
	Quarter		Quarter			Quarter		Quarter
	(Dollars in thousands, except per share amounts)
Fiscal 2011:
Revenues	$	261,584	$	218,203		$	252,363	$	303,719
Costs of earned revenues, excluding depreciation and amortization	$	209,322	$	181,621		$	207,045	$	239,132
Gross profit	$	52,262	$	36,582		$	45,318	$	64,587
Net income	$	6,747	$	(5,094	)	$	1,489	$	12,965
Earnings per common share - Basic	$	0.18	$	(0.14	)	$	0.04	$	0.38
Earnings per common share - Diluted	$	0.18	$	(0.14	)	$	0.04	$	0.38

For fiscal 2011, the quarterly financial data includes the results of Communication Services (acquired November 2010) and NeoCom (acquired December 2010) since their acquisitions during the second quarter of fiscal 2011. Additionally, during the second and third quarters of fiscal 2011, the Company recognized debt extinguishment costs of $4.0 million and $2.0 million, respectively, comprised of tender premiums and legal and professional fees and $1.7 million and $0.6 million, respectively, for the write-off of deferred debt issuance costs related to the tender offer to purchase its $135.35 million in aggregate principal amount of outstanding 2015 Notes and redemption thereof. See Note 9 for further information. Further, during the third quarter of fiscal 2011, the Company incurred $0.6 million in charges related to the settlement of a legal matter.