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Income Per Share (Tables)
12 Months Ended
May 02, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income per Share

The following table sets forth the computation of basic and diluted income per share:

 

 

 

Fiscal Year Ended

 

 

 

May 2, 2020

 

 

April 27, 2019

 

 

April 28, 2018

 

 

 

(53 Weeks)

 

 

(52 Weeks)

 

 

(52 Weeks)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (in millions)

 

$

123.4

 

 

$

91.6

 

 

$

57.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic Income Per Share-Weighted Average Shares Outstanding and Vested/Unissued Restricted Stock Units

 

 

37,574,671

 

 

 

37,405,298

 

 

 

37,281,630

 

Dilutive Potential Common Shares-Employee Stock Options, Restricted Stock Awards and Restricted Stock Units

 

 

269,799

 

 

 

264,262

 

 

 

260,269

 

Denominator for Diluted Income Per Share

 

 

37,844,470

 

 

 

37,669,560

 

 

 

37,541,899

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted Income Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic Income Per Share

 

$

3.28

 

 

$

2.45

 

 

$

1.54

 

Diluted Income Per Share

 

$

3.26

 

 

$

2.43

 

 

$

1.52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Anti-dilutive Potentially Issuable Shares Excluded from Diluted Common Shares Outstanding

 

 

566,620

 

 

 

678,321

 

 

 

363,413