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EARNINGS PER SHARE
6 Months Ended
Jan. 26, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
The following is a reconciliation of the basic and diluted number of shares used in computing earnings per share:
 
 
13-Week Period Ended
 
26-Week Period Ended
(in thousands, except per share data)
 
January 26,
2019
 
January 27,
2018
 
January 26,
2019
 
January 27,
2018
Basic weighted average shares outstanding
 
50,815

 
50,449

 
50,699

 
50,633

Net effect of dilutive stock awards based upon the treasury stock method(1)
 

 
292

 

 
216

Diluted weighted average shares outstanding(1)
 
50,815

 
50,741

 
50,699

 
50,849

 
 
 
 
 
 
 
 
 
Basic per share data:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(7.15
)
 
$
1.00

 
$
(7.59
)
 
$
1.60

Discontinued operations(1)
 
$
0.42

 
$

 
$
0.46

 
$

Basic (loss) earnings per share
 
$
(6.72
)
 
$
1.00

 
$
(7.12
)
 
$
1.60

Diluted per share data:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(7.15
)
 
$
0.99

 
$
(7.59
)
 
$
1.59

Discontinued operations(1)
 
$
0.42

 
$

 
$
0.46

 
$

Diluted (loss) earnings per share
 
$
(6.72
)
 
$
0.99

 
$
(7.12
)
 
$
1.59

 
 
 
 
 
 
 
 
 
Anti-dilutive stock-based awards excluded from the calculation of diluted earnings per share
 
4,094

 
293

 
1,969

 
582


(1)
The computation of diluted earnings per share from discontinued operations is calculated using diluted weighted average shares outstanding which includes the net effect of dilutive stock awards, or approximately 107 thousand shares for the 13-week period ended January 26, 2019 and 353 thousand shares for the 26-week period ended January 26, 2019.