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Quarterly Financial Data (Unaudited)
12 Months Ended
Jul. 26, 2014
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
Quarterly Financial Data (Unaudited)

In the opinion of management, the following unaudited quarterly data from fiscal 2014 and 2013 reflect all adjustments (consisting of normal recurring accruals), which are necessary to present a fair presentation of amounts shown for such periods (the sum of the quarterly results may not equal the reported annual amounts due to rounding). The earnings per common share calculation for each quarter is based on the weighted average shares of common stock outstanding plus the dilutive effect of stock options and restricted share units, if any.
Fiscal 2014:
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
(Dollars in thousands, except per share amounts)
Revenues
$
512,720

 
$
390,518

 
$
426,284

 
$
482,071

Costs of earned revenues, excluding depreciation and amortization
$
410,119

 
$
327,353

 
$
350,352

 
$
387,221

Gross profit
$
102,601

 
$
63,165

 
$
75,932

 
$
94,850

Net income (loss)
$
18,660

 
$
(3,067
)
 
$
7,895

 
$
16,489

Earnings (loss) per common share - Basic
$
0.56

 
$
(0.09
)
 
$
0.23

 
$
0.49

Earnings (loss) per common share - Diluted
$
0.54

 
$
(0.09
)
 
$
0.23

 
$
0.47


Fiscal 2013:
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
(Dollars in thousands, except per share amounts)
Revenues
$
323,286

 
$
369,326

 
$
437,367

 
$
478,632

Costs of earned revenues, excluding depreciation and amortization
$
257,066

 
$
301,516

 
$
357,664

 
$
384,169

Gross profit
$
66,220

 
$
67,810

 
$
79,703

 
$
94,463

Net income
$
11,861

 
$
1,463

 
$
7,199

 
$
14,666

Earnings per common share - Basic
$
0.36

 
$
0.04

 
$
0.22

 
$
0.44

Earnings per common share - Diluted
$
0.35

 
$
0.04

 
$
0.21

 
$
0.43



Amounts set forth in the quarterly financial data include the results and balances of acquired companies from their respective date of acquisition.