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Earnings Per Share (Tables)
 4 Months Ended
Apr. 23, 2016
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share from Continuing Operations

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

 

 

16 Weeks Ended

 

 

April 23,

 

 

April 25,

 

(In thousands, except per share amounts)

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

$

 

9,960

 

 

$

 

10,447

 

Adjustment for earnings attributable to participating securities

 

 

(178

)

 

 

 

(189

)

Earnings from continuing operations used in calculating earnings per share

$

 

9,782

 

 

$

 

10,258

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

37,488

 

 

 

 

37,689

 

Adjustment for participating securities

 

 

(669

)

 

 

 

(682

)

Shares used in calculating basic earnings per share

 

 

36,819

 

 

 

 

37,007

 

Effect of dilutive stock options

 

 

56

 

 

 

 

113

 

Shares used in calculating diluted earnings per share

 

 

36,875

 

 

 

 

37,120

 

Basic earnings per share from continuing operations

$

 

0.27

 

 

$

 

0.28

 

Diluted earnings per share from continuing operations

$

 

0.27

 

 

$

 

0.28