XML 47 R34.htm IDEA: XBRL DOCUMENT v3.19.2
EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The reconciliation of the numerator and denominator used for the computation of basic and diluted earnings per common share is as follows (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
June 29,
2019
 
April 29,
2018
 
June 29,
2019
 
April 29,
2018
Numerator for Basic and Diluted Earnings Per Common Share
 

 
 

 
 
 
 
Net income (loss) applicable to common shares
$
17,263

 
$
(5,684
)
 
$
(42,484
)
 
$
(435
)
Denominator for Basic and Diluted Income Per Common Share
 

 
 

 
 
 
 
Weighted average basic number of common shares outstanding
125,516

 
66,210

 
125,510

 
66,311

Common stock equivalents:
 
 
 
 
 
 
 
Employee stock options

 

 

 

PSUs and Performance Share Awards

 

 

 

Weighted average diluted number of common shares outstanding
125,516

 
66,210

 
125,510

 
66,311

 
 
 
 
 
 
 
 
Basic income (loss) per common share
$
0.14

 
$
(0.09
)
 
$
(0.34
)
 
$
(0.01
)
Diluted income (loss) per common share
$
0.14

 
$
(0.09
)
 
$
(0.34
)
 
$
(0.01
)
 
 
 
 
 
 
 
 
Incentive Plan securities excluded from dilution(1)
5,880

 
95

 
4,872

 
122


(1)
Represents securities not included in the computation of diluted earnings per common share because their effect would have been anti-dilutive.