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Computation of Earnings Per Common Share
 6 Months Ended
Jan. 25, 2014
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share
Computation of Earnings Per Common Share

For the three months ended January 25, 2014, all common stock equivalents related to stock options and unvested restricted shares and restricted share units were excluded from the diluted loss per share calculation as their effect would be anti-dilutive due to the Company's net loss for the period. The following table sets forth the computation of basic and diluted earnings per common share:

 
For the Three Months Ended
 
For the Six Months Ended
 
January 25, 2014
 
January 26, 2013
 
January 25, 2014
 
January 26, 2013
 
(Dollars in thousands, except per share amounts)
Net income (loss) available to common stockholders (numerator)
$
(3,067
)
 
$
1,463

 
$
15,593

 
$
13,323

 
 
 
 
 
 
 
 
Weighted-average number of common shares (denominator)
33,836,099

 
32,780,667

 
33,629,884

 
32,935,305

 
 
 
 
 
 
 
 
Basic earnings (loss) per common share
$
(0.09
)
 
$
0.04

 
$
0.46

 
$
0.40

 
 
 
 
 
 
 
 
Weighted-average number of common shares
33,836,099

 
32,780,667

 
33,629,884

 
32,935,305

Potential common stock arising from stock options, and unvested restricted share units
—

 
733,749

 
1,138,061

 
671,875

Total shares-diluted (denominator)
33,836,099

 
33,514,416

 
34,767,945

 
33,607,180

 
 
 
 
 
 
 
 
Diluted earnings (loss) per common share
$
(0.09
)
 
$
0.04

 
$
0.45

 
$
0.40

 
 
 
 
 
 
 
 
Anti-dilutive weighted shares excluded from the calculation of earnings (loss) per share
3,440,300

 
1,289,661

 
753,914

 
1,483,241