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Earnings Per Share (Tables)
9 Months Ended
Oct. 09, 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

 

 

40 Weeks Ended

 

(In thousands, except per share amounts)

October 9, 2021

 

 

October 3, 2020

 

 

October 9, 2021

 

 

October 3, 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

$

 

15,176

 

 

$

 

19,952

 

 

$

 

51,506

 

 

$

 

63,821

 

Adjustment for earnings attributable to participating securities

 

 

(264

)

 

 

 

(494

)

 

 

 

(999

)

 

 

 

(1,577

)

Net earnings used in calculating earnings per share

$

 

14,912

 

 

$

 

19,458

 

 

$

 

50,507

 

 

$

 

62,244

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

35,525

 

 

 

 

35,730

 

 

 

 

35,671

 

 

 

 

35,900

 

Adjustment for participating securities

 

 

(618

)

 

 

 

(884

)

 

 

 

(692

)

 

 

 

(887

)

Shares used in calculating basic earnings per share

 

 

34,907

 

 

 

 

34,846

 

 

 

 

34,979

 

 

 

 

35,013

 

Effect of dilutive restricted stock awards

 

 

94

 

 

 

 

1

 

 

 

 

54

 

 

 

 

 

Effect of dilutive stock warrant

 

 

197

 

 

 

 

 

 

 

 

146

 

 

 

 

 

Shares used in calculating diluted earnings per share

 

 

35,198

 

 

 

 

34,847

 

 

 

 

35,179

 

 

 

 

35,013

 

Basic earnings per share

$

 

0.43

 

 

$

 

0.56

 

 

$

 

1.44

 

 

$

 

1.78

 

Diluted earnings per share

$

 

0.42

 

 

$

 

0.56

 

 

$

 

1.44

 

 

$

 

1.78