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Earnings per Share (Tables)

9 Months Ended

Jan. 27, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings per Share

The following is a reconciliation of the numerators and denominators we used in our computations of basic and diluted earnings per share:

						Quarter Ended												Nine Months Ended
(Unaudited, amounts in thousands, except per share data)						1/27/2024						1/28/2023						1/27/2024						1/28/2023
Numerator (basic and diluted):
Net income available to common Shareholders						$	28,640					$	31,726					$	83,318					$	116,291
Denominator:
Basic weighted average common shares outstanding						42,767						43,137						43,005						43,111
Contingent common shares						256						—						238						—
Stock option dilution						172						—						101						—
Diluted weighted average common shares outstanding						43,195						43,137						43,344						43,111
Earnings per Share:
Basic						$	0.67					$	0.74					$	1.94					$	2.70
Diluted (1)						$	0.66					$	0.74					$	1.92					$	2.70

(1)Diluted earnings per share was computed using the treasury stock method.

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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