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Earnings Per Share
 4 Months Ended
Apr. 21, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

Note 11 – Earnings Per Share

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

 

16 Weeks Ended

 

(In thousands, except per share amounts)

April 21, 2018

 

 

April 22, 2017

 

Numerator:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

$

 

12,435

 

 

$

 

15,065

 

Adjustment for earnings attributable to participating securities

 

 

(246

)

 

 

 

(276

)

Earnings from continuing operations used in calculating earnings per share

$

 

12,189

 

 

$

 

14,789

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

36,186

 

 

 

 

37,692

 

Adjustment for participating securities

 

 

(717

)

 

 

 

(690

)

Shares used in calculating basic earnings per share

 

 

35,469

 

 

 

 

37,002

 

Effect of dilutive stock options

 

 

11

 

 

 

 

64

 

Shares used in calculating diluted earnings per share

 

 

35,480

 

 

 

 

37,066

 

Basic earnings per share from continuing operations

$

 

0.34

 

 

$

 

0.40

 

Diluted earnings per share from continuing operations

$

 

0.34

 

 

$

 

0.40