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Earnings Per Share (Tables)
12 Months Ended
Mar. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

 

 

 

Year Ended

 

(Dollars and shares in thousands, except per share data)

 

March 30,

2019

 

 

March 31,

2018

 

 

April 1,

2017

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(58,208

)

 

$

15,800

 

 

$

51,327

 

Net income (loss) from discontinued operations

 

 

 

 

 

 

 

 

583

 

Undistributed earnings allocated to participating securities

 

 

 

 

 

(996

)

 

 

(3,373

)

Net (loss) income attributable to the Company's common shareholders

 

$

(58,208

)

 

$

14,804

 

 

$

48,537

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

53,491

 

 

 

44,491

 

 

 

44,489

 

Dilutive securities

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

 

53,491

 

 

 

44,491

 

 

 

44,489

 

Basic net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(1.09

)

 

$

0.33

 

 

$

1.08

 

Discontinued operations

 

 

 

 

 

 

 

 

0.01

 

Basic net (loss) income per share

 

$

(1.09

)

 

$

0.33

 

 

$

1.09

 

Diluted net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(1.09

)

 

$

0.33

 

 

$

1.08

 

Discontinued operations

 

 

 

 

 

 

 

 

0.01

 

Diluted net (loss) income per share

 

$

(1.09

)

 

$

0.33

 

 

$

1.09

 

Schedule of Antidilutive Securities

 

Securities that could potentially dilute basic EPS in the future that were considered antidilutive in fiscal 2019 are shown below:

 

Type of security

Shares and units (in thousands)

 

Options

146

 

Restricted share units

158

 

Performance share units

146

 

Total dilutive securities

 

450