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Earnings Per Share (Tables)
6 Months Ended
Jul. 17, 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:

 

12 Weeks Ended

 

 

28 Weeks Ended

 

(In thousands, except per share amounts)

July 17, 2021

 

 

July 11, 2020

 

 

July 17, 2021

 

 

July 11, 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

$

 

16,814

 

 

$

 

28,467

 

 

$

 

36,330

 

 

$

 

43,869

 

Adjustment for earnings attributable to participating securities

 

 

(305

)

 

 

 

(670

)

 

 

 

(736

)

 

 

 

(1,070

)

Net earnings used in calculating earnings per share

$

 

16,509

 

 

$

 

27,797

 

 

$

 

35,594

 

 

$

 

42,799

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

35,693

 

 

 

 

35,706

 

 

 

 

35,734

 

 

 

 

35,972

 

Adjustment for participating securities

 

 

(648

)

 

 

 

(840

)

 

 

 

(724

)

 

 

 

(877

)

Shares used in calculating basic earnings per share

 

 

35,045

 

 

 

 

34,866

 

 

 

 

35,010

 

 

 

 

35,095

 

Effect of dilutive restricted stock awards

 

 

63

 

 

 

 

1

 

 

 

 

44

 

 

 

 

 

Effect of dilutive stock warrant

 

 

134

 

 

 

 

 

 

 

 

112

 

 

 

 

 

Shares used in calculating diluted earnings per share

 

 

35,242

 

 

 

 

34,867

 

 

 

 

35,166

 

 

 

 

35,095

 

Basic earnings per share

$

 

0.47

 

 

$

 

0.80

 

 

$

 

1.02

 

 

$

 

1.22

 

Diluted earnings per share

$

 

0.47

 

 

$

 

0.80

 

 

$

 

1.01

 

 

$

 

1.22