Earnings Per Share

9 Months Ended

Nov. 26, 2011

Earnings Per Share [Abstract]

Earnings Per Share

4. Earnings per Share

The following table presents a reconciliation of the denominators used in the computation of basic and diluted earnings per share.

	Three months ended					Nine months ended
(In thousands, except per share data)	Nov. 26, 2011		Nov. 27, 2010			Nov. 26, 2011		Nov. 27, 2010
Basic earnings per share – weighted common shares outstanding		27,663		27,608			27,773		27,616
Weighted common shares assumed upon exercise of stock options		—		—			16		—
Unvested shares for deferred compensation plans		161		—			154		—
Diluted earnings per share – weighted common shares and potential common shares outstanding		27,824		27,608			27,943		27,616
Earnings (loss) per share – basic	$	0.20	$	(0.08	)	$	0.06	$	(0.21	)
Earnings (loss) per share – diluted		0.20		(0.08	)		0.06		(0.21	)
Stock options excluded from the calculation of earnings per share because the exercise price was greater than the average market price of the common shares		1,365		—			1,334		—

Due to the net loss in fiscal 2011, there was no dilutive impact from unvested shares in the three or nine-month periods of that year.