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Earnings Per Share (Tables)
6 Months Ended
Jul. 18, 2015
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

 

 

28 Weeks Ended

 

 

July 18,

 

 

July 12,

 

 

July 18,

 

 

July 12,

 

(In thousands, except per share amounts)

2015

 

 

2014

 

 

2015

 

 

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

$

 

20,307

 

 

$

 

17,395

 

 

$

 

30,754

 

 

$

 

29,914

 

Adjustment for earnings attributable to participating securities

 

 

(350

)

 

 

 

(296

)

 

 

 

(546

)

 

 

 

(535

)

Earnings from continuing operations used in calculating earnings per share

$

 

19,957

 

 

$

 

17,099

 

 

$

 

30,208

 

 

$

 

29,379

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

37,584

 

 

 

 

37,744

 

 

 

 

37,644

 

 

 

 

37,662

 

Adjustment for participating securities

 

 

(648

)

 

 

 

(642

)

 

 

 

(668

)

 

 

 

(673

)

Shares used in calculating basic earnings per share

 

 

36,936

 

 

 

 

37,102

 

 

 

 

36,976

 

 

 

 

36,989

 

Effect of dilutive stock options

 

 

126

 

 

 

 

66

 

 

 

 

126

 

 

 

 

76

 

Shares used in calculating diluted earnings per share

 

 

37,062

 

 

 

 

37,168

 

 

 

 

37,102

 

 

 

 

37,065

 

Basic earnings per share from continuing operations

$

 

0.54

 

 

$

 

0.46

 

 

$

 

0.82

 

 

$

 

0.79

 

Diluted earnings per share from continuing operations

$

 

0.54

 

 

$

 

0.46

 

 

$

 

0.81

 

 

$

 

0.79