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Computation of Earnings Per Common Share (Tables)
9 Months Ended
Apr. 25, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table sets forth the computation of basic and diluted earnings per common share:
 
For the Three Months Ended
 
For the Nine Months Ended
 
April 25, 2015
 
April 26, 2014
 
April 25, 2015
 
April 26, 2014
 
(Dollars in thousands, except per share amounts)
Net income available to common stockholders (numerator)
$
20,258

 
$
7,895

 
$
50,497

 
$
23,488

 
 
 
 
 
 
 
 
Weighted-average number of common shares (denominator)
34,107,262

 
33,860,832

 
34,081,381

 
33,707,957

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.59

 
$
0.23

 
$
1.48

 
$
0.70

 
 
 
 
 
 
 
 
Weighted-average number of common shares
34,107,262

 
33,860,832

 
34,081,381

 
33,707,957

Potential common stock arising from stock options, and unvested restricted share units
921,694

 
902,203

 
1,010,263

 
1,059,443

Total shares-diluted (denominator)
35,028,956

 
34,763,035

 
35,091,644

 
34,767,400

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
0.58

 
$
0.23

 
$
1.44

 
$
0.68

 
 
 
 
 
 
 
 
Anti-dilutive weighted shares excluded from the calculation of earnings per common share
158,113

 
576,257

 
159,484

 
570,859