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Computation of Earnings Per Common Share (Tables)
 12 Months Ended
Jan. 25, 2020
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 (dollars in thousands, except per share amounts):
 
Fiscal Year Ended
 
Six Months Ended
 
Fiscal Year Ended
 
January 25, 2020
 
January 26, 2019
 
January 27, 2018
 
July 29, 2017
Net income available to common stockholders (numerator)
$
57,215

 
$
62,907

 
$
68,835

 
$
157,217

 
 
 
 
 
 
 
 
Weighted-average number of common shares (denominator)
31,498,474

 
31,250,376

 
31,059,140

 
31,351,367

 
 
 
 
 
 
 
 
Basic earnings per common share
$
1.82

 
$
2.01

 
$
2.22

 
$
5.01

 
 
 
 
 
 
 
 
Weighted-average number of common shares
31,498,474

 
31,250,376

 
31,059,140

 
31,351,367

Potential shares of common stock arising from stock options, and unvested restricted share units(1)
323,308

 
555,993

 
778,411

 
633,364

Potential shares of common stock issuable on conversion of 0.75% convertible senior notes due 2021(2)
—

 
183,799

 
217,394

 
—

Total shares-diluted (denominator)
31,821,782

 
31,990,168

 
32,054,945

 
31,984,731

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
1.80

 
$
1.97

 
$
2.15

 
$
4.92

 
 
 
 
 
 
 
 
Anti-dilutive weighted shares excluded from the calculation of earnings per common share:
Stock-based awards
253,000

 
130,779

 
93,117

 
73,830

0.75% convertible senior notes due 2021(2) (3)
4,747,706

 
4,821,935

 
4,788,340

 
5,005,734

Warrants(2) (3)
4,747,706

 
5,005,734

 
5,005,734

 
5,005,734

Total
9,748,412

 
9,958,448

 
9,887,191

 
10,085,298



(1) We adopted ASU 2016-09 on a prospective basis effective July 30, 2017, the first day of the 2018 transition period. Under the amended guidance, excess tax benefits and tax deficiencies arising from the vesting and exercise of share-based awards are no longer included in the hypothetical proceeds used to repurchase shares when computing diluted earnings per common share under the treasury stock method. As a result, diluted shares used in computing diluted earnings per common share for the 2018 transition period increased by approximately 177,575 shares.