Computation of Earnings Per Common Share (Tables)

6 Months Ended

Jan. 23, 2016

Schedule of Earnings Per Share Reconciliation



	For the Three Months Ended				For the Six Months Ended
	January 23, 2016		January 24, 2015		January 23, 2016		January 24, 2015
	(Dollars in thousands, except share amounts)
Net income available to common stockholders (numerator)	$	15,473	$	9,432	$	46,297	$	30,239

Weighted-average number of common shares (denominator)	32,662,942		34,125,829		32,767,088		34,067,983

Basic earnings per common share	$	0.47	$	0.28	$	1.41	$	0.89

Weighted-average number of common shares	32,662,942		34,125,829		32,767,088		34,067,983
Potential shares of common stock arising from stock options, and unvested restricted share units	857,194		1,001,569		936,350		1,054,547
Total shares-diluted (denominator)	33,520,136		35,127,398		33,703,438		35,122,530

Diluted earnings per common share	$	0.46	$	0.27	$	1.37	$	0.86

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The weighted-average number of common shares outstanding used in the computation of diluted earnings per common share does not include the effect of the following instruments because their inclusion would have been anti-dilutive:



	For the Three Months Ended		For the Six Months Ended
	January 23, 2016	January 24, 2015	January 23, 2016	January 24, 2015
Stock-based awards	63,357	283,380	61,481	445,254
0.75% senior convertible notes due 2021*	5,005,734	—	5,005,734	—
Warrants*	5,005,734	—	5,005,734	—
Total anti-dilutive weighted shares excluded from the calculation of earnings per common share	10,074,825	283,380	10,072,949	445,254

*See Note 10, Debt, for additional information related to the Company's senior convertible notes and warrant transactions.