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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Jul. 29, 2017
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) | (dollars in thousands, except per share amounts).
Fiscal 2017: | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter(1)
Contract revenues | $ | 799,223 |  |  | $ | 701,131 |  |  | $ | 786,338 |  |  | $ | 780,188 |
Costs of earned revenues, excluding depreciation and amortization | $ | 614,990 |  |  | $ | 561,371 |  |  | $ | 621,475 |  |  | $ | 606,898 |
Gross profit | $ | 184,233 |  |  | $ | 139,760 |  |  | $ | 164,863 |  |  | $ | 173,290 |
Net income | $ | 51,050 |  |  | $ | 23,663 |  |  | $ | 38,796 |  |  | $ | 43,708 |
Earnings per common share - Basic | $ | 1.62 |  |  | $ | 0.75 |  |  | $ | 1.24 |  |  | $ | 1.41 |
Earnings per common share - Diluted | $ | 1.59 |  |  | $ | 0.74 |  |  | $ | 1.22 |  |  | $ | 1.38 |
Fiscal 2016(2): | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter(1)
Contract revenues | $ | 659,268 |  |  | $ | 559,470 |  |  | $ | 664,645 |  |  | $ | 789,159 |
Costs of earned revenues, excluding depreciation and amortization | $ | 506,978 |  |  | $ | 450,284 |  |  | $ | 520,408 |  |  | $ | 605,909 |
Gross profit | $ | 152,290 |  |  | $ | 109,186 |  |  | $ | 144,237 |  |  | $ | 183,250 |
Net income | $ | 30,824 |  |  | $ | 15,473 |  |  | $ | 33,083 |  |  | $ | 49,360 |
Earnings per common share - Basic | $ | 0.94 |  |  | $ | 0.47 |  |  | $ | 1.02 |  |  | $ | 1.57 |
Earnings per common share - Diluted | $ | 0.91 |  |  | $ | 0.46 |  |  | $ | 1.00 |  |  | $ | 1.54 |
(1) The Company uses a fiscal year ending on the last Saturday in July. As a result, each fiscal year consists of either 52 weeks or 53 weeks of operations (with the additional week of operations occurring in the fourth quarter). Fiscal 2017 consisted of 52 weeks, compared to fiscal 2016 which consisted of 53 weeks with an additional week of operations during the fourth quarter. (2) During the first quarter of fiscal 2016, the Company incurred a pre-tax charge of approximately $16.3 million for early extinguishment of debt in connection with the redemption of the Company’s 7.125% senior subordinated notes. See Note 10, Debt, for additional information regarding the Company’s debt transactions.

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- Definition Tabular disclosure of costs and expenses incurred during an interim period that cannot be readily identified with the activities or benefits of other interim periods and are charged to the interim period in which incurred. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 8 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e639-108305 + Details
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