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Earnings Per Share (Tables)
 4 Months Ended
Apr. 24, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share The following table sets forth the computation of basic and diluted net earnings per share:

 

16 Weeks Ended

 

(In thousands, except per share amounts)

April 24, 2021

 

 

April 18, 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net earnings

$

 

19,516

 

 

$

 

15,402

 

Adjustment for earnings attributable to participating securities

 

 

(426

)

 

 

 

(385

)

Net earnings used in calculating earnings per share

$

 

19,090

 

 

$

 

15,017

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

35,765

 

 

 

 

36,172

 

Adjustment for participating securities

 

 

(781

)

 

 

 

(904

)

Shares used in calculating basic earnings per share

 

 

34,984

 

 

 

 

35,268

 

Effect of dilutive restricted stock awards

 

 

25

 

 

 

 

—

 

Effect of dilutive stock warrant

 

 

86

 

 

 

 

—

 

Shares used in calculating diluted earnings per share

 

 

35,095

 

 

 

 

35,268

 

Basic earnings per share

$

 

0.55

 

 

$

 

0.43

 

Diluted earnings per share

$

 

0.54

 

 

$

 

0.43