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Earnings Per Share (Tables)
9 Months Ended
Oct. 08, 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:

 

 

12 Weeks Ended

 

 

40 Weeks Ended

 

 

October 8,

 

 

October 10,

 

 

October 8,

 

 

October 10,

 

(In thousands, except per share amounts)

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

$

 

16,730

 

 

$

 

15,248

 

 

$

 

44,250

 

 

$

 

46,002

 

Adjustment for earnings attributable to participating securities

 

 

(292

)

 

 

 

(259

)

 

 

 

(785

)

 

 

 

(806

)

Earnings from continuing operations used in calculating earnings per share

$

 

16,438

 

 

$

 

14,989

 

 

$

 

43,465

 

 

$

 

45,196

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

37,470

 

 

 

 

37,553

 

 

 

 

37,479

 

 

 

 

37,617

 

Adjustment for participating securities

 

 

(654

)

 

 

 

(639

)

 

 

 

(665

)

 

 

 

(659

)

Shares used in calculating basic earnings per share

 

 

36,816

 

 

 

 

36,914

 

 

 

 

36,814

 

 

 

 

36,958

 

Effect of dilutive stock options

 

 

76

 

 

 

 

100

 

 

 

 

60

 

 

 

 

118

 

Shares used in calculating diluted earnings per share

 

 

36,892

 

 

 

 

37,014

 

 

 

 

36,874

 

 

 

 

37,076

 

Basic earnings per share from continuing operations

$

 

0.45

 

 

$

 

0.41

 

 

$

 

1.18

 

 

$

 

1.22

 

Diluted earnings per share from continuing operations

$

 

0.45

 

 

$

 

0.40

 

 

$

 

1.18

 

 

$

 

1.22