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Earnings Per Share (Tables)
4 Months Ended
Apr. 19, 2014
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share for Continuing Operations

The following table sets forth the computation of basic and diluted earnings per share for continuing operations:

 

(In thousands, except per share amounts)    April 19,
2014
    April 27,
2013
 

Numerator:

    

Earnings from continuing operations

   $ 12,519      $ 8,912   

Adjustment for earnings attributable to participating securities

     (232     (225
  

 

 

   

 

 

 

Earnings from continuing operations used in calculating earnings per share

   $ 12,287      $ 8,687   
  

 

 

   

 

 

 

Denominator:

    

Weighted average shares outstanding, including participating securities

     37,600        21,750   

Adjustment for participating securities

     (697     (548
  

 

 

   

 

 

 

Shares used in calculating basic earnings per share

     36,903        21,202   

Effect of dilutive stock options

     118        77   
  

 

 

   

 

 

 

Shares used in calculating diluted earnings per share

     37,021        21,279   
  

 

 

   

 

 

 

Basic earnings per share from continuing operations

   $ 0.33      $ 0.41   
  

 

 

   

 

 

 

Diluted earnings per share from continuing operations

   $ 0.33      $ 0.41