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v2.4.0.6
Earnings Per Share
6 Months Ended
Aug. 25, 2012
Earnings Per Share  
Earnings Per Share

8) Earnings Per Share

 

The Company presents earnings per share on a basic and diluted basis. Basic earnings per share is computed by dividing net earnings by the weighted average number of shares outstanding. Diluted earnings per share is computed by dividing net earnings by the weighted average number of shares outstanding, including the dilutive effect of stock-based awards as calculated under the treasury stock method.

 

Stock-based awards for the three and six months ended August 25, 2012 of approximately 1.4 million and 1.2 million, respectively, and for the three and six months ended August 27, 2011 of approximately 1.0 million and 1.2 million were excluded from the computation of diluted earnings per share as the effect would be anti-dilutive.