EARNINGS PER SHARE

6 Months Ended

Apr. 01, 2012

EARNINGS PER SHARE

7. EARNINGS PER SHARE

Basic earnings per share have been computed based upon the weighted average number of common shares outstanding during the respective periods. Diluted earnings per share have been computed, when the result is dilutive, using the treasury stock method for stock awards outstanding during the respective periods. All 12.2 million and 13.1 million stock awards for the quarter and six months ended April 1, 2012 and April 3, 2011, respectively, were excluded in the computation of diluted earnings per share (“EPS”) as we incurred net losses in these periods.