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Earnings Per Share
9 Months Ended
Oct. 05, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

Note 13 – Earnings Per Share

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

 

12 Weeks Ended

 

 

40 Weeks Ended

 

(In thousands, except per share amounts)

October 5, 2019

 

 

October 6, 2018

 

 

October 5, 2019

 

 

October 6, 2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) earnings from continuing operations

$

 

(310

)

 

$

 

17,545

 

 

$

 

444

 

 

$

 

47,818

 

Adjustment for loss (earnings) attributable to participating securities

 

 

8

 

 

 

 

(407

)

 

 

 

(11

)

 

 

 

(1,044

)

(Loss) earnings from continuing operations used in calculating earnings per share

$

 

(302

)

 

$

 

17,138

 

 

$

 

433

 

 

$

 

46,774

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

36,340

 

 

 

 

35,934

 

 

 

 

36,248

 

 

 

 

36,033

 

Adjustment for participating securities

 

 

(929

)

 

 

 

(833

)

 

 

 

(906

)

 

 

 

(787

)

Shares used in calculating basic (loss) earnings per share

 

 

35,411

 

 

 

 

35,101

 

 

 

 

35,342

 

 

 

 

35,246

 

Effect of dilutive stock options

 

 

 

 

 

 

12

 

 

 

 

 

 

 

 

12

 

Shares used in calculating diluted (loss) earnings per share

 

 

35,411

 

 

 

 

35,113

 

 

 

 

35,342

 

 

 

 

35,258

 

Basic (loss) earnings per share from continuing operations

$

 

(0.01

)

 

$

 

0.49

 

 

$

 

0.01

 

 

$

 

1.33

 

Diluted (loss) earnings per share from continuing operations

$

 

(0.01

)

 

$

 

0.49

 

 

$

 

0.01

 

 

$

 

1.33