Earnings Per Share (Tables)

3 Months Ended

6 Months Ended

Aug. 26, 2022

Computation of Basic and Diluted Earnings Per Share


Computation of Earnings (Loss) Per Share	Three Months Ended August 26, 2022						Three Months Ended August 27, 2021
	Net Income (Loss)		Basic Shares (in millions)		Diluted Shares (in millions)		Net Income (Loss)		Basic Shares (in millions)		Diluted Shares (in millions)
Amounts used in calculating earnings (loss) per share	$	19.6	117.2		117.7		$	24.7	118.0		118.6
Impact of participating securities	(0.7)		(4.4)		(4.4)		(0.6)		(3.1)		(3.1)
Amounts used in calculating earnings (loss) per share, excluding participating securities	$	18.9	112.8		113.3		$	24.1	114.9		115.5

Earnings (loss) per share			$	0.17	$	0.17			$	0.21	$	0.21

There were no anti-dilutive performance units excluded from the computation of diluted earnings (loss) per share for the three months ended August 26, 2022 and August 27, 2021.


Computation of Earnings (Loss) Per Share	Six Months Ended August 26, 2022						Six Months Ended August 27, 2021
	Net Income (Loss)		Basic Shares (in millions)		Diluted Shares (in millions)		Net Income (Loss)		Basic Shares (in millions)		Diluted Shares (in millions)
Amounts used in calculating earnings (loss) per share	$	8.2	117.0		117.5		$	(3.4)	118.1		118.1
Impact of participating securities	(0.3)		(4.2)		(4.2)		0.1		(2.9)		(2.9)
Amounts used in calculating earnings (loss) per share, excluding participating securities	$	7.9	112.8		113.3		$	(3.3)	115.2		115.2

Earnings (loss) per share			$	0.07	$	0.07			$	(0.03)	$	(0.03)

There were no anti-dilutive performance units excluded from the computation of diluted earnings (loss) per share for the six months ended August 26, 2022. There were 0.5 million anti-dilutive performance units excluded from the computation of diluted earnings (loss) per share for the six months ended August 27, 2021