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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jul. 25, 2020
Accounting Policies [Abstract] |
Disaggregation of Revenue | The following table presents the Company's sales by product categories during each of the periods indicated:
|  |  |  |  |  |  |  |  | Years Ended |  |  |  |  |  |
|  |  |  |  |  |  |  |  | July 25, 2020 |  |  |  | July 27, 2019 |  |
|  |  |  |  |  |  |  |  | Amount |  | % |  | Amount |  | %
Center Store (1) |  |  |  |  |  |  |  |  | $ | 1,111,751 |  |  | 61.6 | % |  | $ | 1,011,232 |  |  | 61.5 | %
Fresh (2) |  |  |  |  |  |  |  |  | 616,271 |  |  | 34.2 | % |  | 558,245 |  |  | 34.0 | %
Pharmacy |  |  |  |  |  |  |  |  | 68,508 |  |  | 3.8 | % |  | 69,404 |  |  | 4.2 | %
Other (3) |  |  |  |  |  |  |  |  | 8,064 |  |  | 0.4 | % |  | 4,621 |  |  | 0.3 | %
Total Sales |  |  |  |  |  |  |  |  | $ | 1,804,594 |  |  | 100.0 | % |  | $ | 1,643,502 |  |  | 100.0 | %
(1) Consists primarily of grocery, dairy, frozen, health and beauty care, general merchandise and liquor. (2) Consists primarily of produce, meat, deli, seafood, bakery, prepared foods and floral. (3) Consists primarily of sales related to other income streams, including ShopRite from Home service fees, gift card and lottery commissions and wholesale sales.
Schedule of Earnings Per Share, Basic and Diluted | The tables below reconcile the numerators and denominators of basic and diluted net income per share for all periods presented.
| 2020 |  |  |  | 2019 |  |  |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income allocated, basic | $ | 18,857 |  |  | $ | 5,363 |  |  | $ | 19,341 |  |  | $ | 5,538 |  |  |  |  |
Conversion of Class B to Class A shares | 5,363 |  |  | — |  |  | 5,538 |  |  | — |  |  |  |  |
Effect of share-based compensation on allocated net income | — |  |  | — |  |  | — |  |  | (1) |  |  |  |  |
Net income allocated, diluted | $ | 24,220 |  |  | $ | 5,363 |  |  | $ | 24,879 |  |  | $ | 5,537 |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding, basic | 9,794 |  |  | 4,294 |  |  | 9,747 |  |  | 4,296 |  |  |  |  |
Conversion of Class B to Class A shares | 4,294 |  |  | — |  |  | 4,296 |  |  | — |  |  |  |  |
Dilutive effect of share-based compensation | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Weighted average shares outstanding, diluted | 14,088 |  |  | 4,294 |  |  | 14,043 |  |  | 4,296 |  |  |  |  |
Net income per share is as follows:
| 2020 |  |  |  | 2019 |  |  |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |
Basic | $ | 1.93 |  |  | $ | 1.25 |  |  | $ | 1.98 |  |  | $ | 1.29 |  |  |  |  |
Diluted | $ | 1.72 |  |  | $ | 1.25 |  |  | $ | 1.77 |  |  | $ | 1.29 |  |  |  |  |
Schedule of Expenses Related to Leases | The Company recognized expense related to these leases in fiscal 2020 and 2019 as follows:
|  |  |  |  |  | 52 Weeks Ended |  |
Consolidated Statement of Operations Classification |  |  |  |  |  | July 25, 2020 |  | July 27, 2019
Operating and administrative expense |  |  |  |  |  | $ | 2,708 |  |  | $ | — |
Depreciation and amortization |  |  |  |  |  | — |  |  | 396 |
Interest expense |  |  |  |  |  | — |  |  | 2,145 |
|  |  |  |  |  | $ | 2,708 |  |  | $ | 2,541 |
The composition of total lease cost is as follows:
|  |  | Years ended |  |
| Consolidated Statement of Operations Classification |  | July 25, 2020 |  |
Operating lease cost | Operating and administrative expense |  | $ | 22,911 |  |  |
Finance lease cost |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 947 |  |  |
Interest on lease liabilities | Interest expense |  | 2,059 |  |  |
Variable lease cost | Operating and administrative expense |  | 16,473 |  |  |
Total lease cost |  |  | $ | 42,390 |  |  |
Supplemental cash flow information related to leases is as follows:
|  | 2020 |  |  |  |  |
Cash paid for amounts in the measurement of lease liabilities |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 21,287 |  |  |  |  |  |
Operating cash flows from finance leases |  | 2,059 |  |  |  |  |  |
Financing cash flows from finance leases |  | 572 |  |  |  |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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