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Earnings per Share (Tables)

3 Months Ended

Jul. 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
(Unaudited, amounts in thousands, except per share data)						7/27/2024						7/29/2023
Numerator (basic and diluted):
Net income available to common Shareholders						$	26,159					$	27,479
Denominator:
Basic weighted average common shares outstanding						42,052						43,239
Contingent common shares						351						54
Stock option dilution						161						40
Diluted weighted average common shares outstanding						42,564						43,333
Earnings per Share:
Basic						$	0.62					$	0.64
Diluted (1)						$	0.61					$	0.63

(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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