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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Jan. 27, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)
The following tables set forth the Company’s Statements of Income data for each of the eight quarterly periods ended January 27, 2019, as well as that data expressed as a percentage of the Company’s net sales for the quarters presented. The sum of quarterly per share amounts may differ from year to date amounts due to rounding.
Selected Quarterly Financial Data (Unaudited)
 
Fiscal Year 2019
 
Fiscal Year 2018
 
Quarters Ended
 
Quarters Ended
(in thousands, except per share amounts)
January 27,
2019
 
October 28,
2018
 
July 29,
2018
 
April 29,
2018
 
January 28,
2018
 
October 29,
2017
 
July 30,
2017
 
April 30,
2017
Net sales
$
160,006

 
$
173,550

 
$
163,211

 
$
130,429

 
$
140,614

 
$
150,304

 
$
153,127

 
$
143,802

Gross profit
98,867

 
106,562

 
100,124

 
71,469

 
85,401

 
89,419

 
92,236

 
84,915

Operating income (loss)
26,771

 
41,867

 
32,936

 
(3,097
)
 
14,009

 
17,579

 
18,892

 
18,256

Net income (loss)
$
13,340

 
$
12,165

 
$
25,169

 
$
12,382

 
$
(1,297
)
 
$
13,338

 
$
12,564

 
$
11,821

Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$
0.20

 
$
0.18

 
$
0.38

 
$
0.19

 
$
(0.02
)
 
$
0.20

 
$
0.19

 
$
0.18

Diluted
$
0.20

 
$
0.18

 
$
0.37

 
$
0.18

 
$
(0.02
)
 
$
0.20

 
$
0.19

 
$
0.18

Weighted average number of shares used in computing earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
65,525

 
66,014

 
66,063

 
66,324

 
66,310

 
66,194

 
65,763

 
65,839

Diluted
68,165

 
68,731

 
68,880

 
68,195

 
66,310

 
67,817

 
67,470

 
67,376