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Earnings Per Share (Tables)
9 Months Ended
Oct. 04, 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:

 

 

 

12 Weeks Ended

 

 

40 Weeks Ended

 

(In thousands, except per share amounts)

 

October 4,
2014

 

 

October 12,
2013

 

 

October 4,
2014

 

 

October 12,
2013

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

17,169

 

 

$

6,659

 

 

$

47,083

 

 

$

23,627

 

Adjustment for earnings attributable to participating securities

 

 

(280

)

 

 

(155

)

 

 

(820

)

 

 

(564

)

Earnings from continuing operations used in calculating earnings per share

 

$

16,889

 

 

$

6,504

 

 

$

46,263

 

 

$

23,063

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

37,717

 

 

 

21,876

 

 

 

37,678

 

 

 

21,820

 

Adjustment for participating securities

 

 

(616

)

 

 

(508

)

 

 

(656

)

 

 

(521

)

Shares used in calculating basic earnings per share

 

 

37,101

 

 

 

21,368

 

 

 

37,022

 

 

 

21,299

 

Effect of dilutive stock options

 

 

61

 

 

 

93

 

 

 

71

 

 

 

88

 

Shares used in calculating diluted earnings per share

 

 

37,162

 

 

 

21,461

 

 

 

37,093

 

 

 

21,387

 

Basic earnings per share from continuing operations

 

$

0.46

 

 

$

0.30

 

 

$

1.25

 

 

$

1.08

 

Diluted earnings per share from continuing operations

 

$

0.45

 

 

$

0.30

 

 

$

1.25

 

 

$

1.08