Computation of Earnings Per Common Share (Tables)

12 Months Ended

Jul. 30, 2016

Schedule of Earnings Per Share Reconciliation

The following table sets forth the computation of basic and diluted earnings per common share (dollars in thousands, except per share amounts):



	Fiscal Year Ended
	2016		2015		2014
Net income available to common stockholders (numerator)	$	128,740	$	84,324	$	39,978

Weighted-average number of common shares (denominator)	32,315,636		34,045,481		33,773,158

Basic earnings per common share	$	3.98	$	2.48	$	1.18

Weighted-average number of common shares	32,315,636		34,045,481		33,773,158
Potential shares of common stock arising from stock options, and unvested restricted share units	800,119		981,207		1,043,223
Total shares-diluted (denominator)	33,115,755		35,026,688		34,816,381

Diluted earnings per common share	$	3.89	$	2.41	$	1.15

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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:



	Fiscal Year Ended
	2016	2015	2014
Stock-based awards	65,514	103,896	586,389
0.75% convertible senior notes due 2021⁽¹⁾	5,005,734	—	—
Warrants⁽¹⁾	5,005,734	—	—
Total anti-dilutive weighted shares excluded from the calculation of earnings per common share	10,076,982	103,896	586,389

⁽¹⁾See Note 10, Debt, for additional information related to the Company’s convertible senior notes and warrant transactions.