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NET INCOME PER SHARE | 6 Months Ended
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Oct. 28, 2017
Earnings Per Share [Abstract] |
NET INCOME PER SHARE | NET INCOME PER SHARE Basic net income per share is calculated by dividing net income by the weighted average number of common shares outstanding for the applicable period. Diluted net income per share is calculated after adjusting the denominator of the basic net income per share calculation for the effect of all potentially dilutive stock compensation awards outstanding during the period. The following table sets forth the computation of basic and diluted net income per share:
|  | Three Months Ended |  | Six Months Ended
|  | October 28, 2017 |  | October 29, 2016 |  | October 28, 2017 |  | October 29, 2016
Numerator - Net Income |  | $ | 24.2 |  |  | $ | 24.9 |  |  | $ | 44.7 |  |  | $ | 45.9 |
Denominator: |  |  |  |  |  |  |  |
Denominator for Basic Net Income per Share-Weighted Average Shares Outstanding and Vested/Unissued Restricted Stock Awards |  | 37,283,500 |  |  | 37,353,423 |  |  | 37,266,095 |  |  | 37,337,985 |
Dilutive Potential Common Shares-Employee Stock Options, Restricted Stock Awards and Restricted Stock Units |  | 384,600 |  |  | 187,827 |  |  | 363,545 |  |  | 156,234 |
Denominator for Diluted Net Income per Share |  | 37,668,100 |  |  | 37,541,250 |  |  | 37,629,640 |  |  | 37,494,219 |
Net Income per Share: |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.65 |  |  | $ | 0.66 |  |  | $ | 1.20 |  |  | $ | 1.23 |
Diluted |  | $ | 0.64 |  |  | $ | 0.66 |  |  | $ | 1.19 |  |  | $ | 1.23 |
For the three and six months ended October 28, 2017, no options have been excluded in the computation of diluted net income per share because the average market price was greater than the exercise price for those periods. RSAs for 821,075 shares have been excluded in the computation of diluted net income per share for both the three and six months ended October 28, 2017 as these awards are contingent on the Company's full-year performance in fiscal 2020. For the three and six months ended October 29, 2016, options to purchase 138,500 shares have been excluded in the computation of diluted net income per share because the exercise price was greater than the average market price for those periods, and therefore, would have been anti-dilutive. RSAs for 822,000 shares have been excluded in the computation of diluted net income per share for the three and six months ended October 29, 2016, as these awards are contingent on the Company's full-year performance in fiscal 2020.

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