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Earnings per Share
6 Months Ended
Sep. 01, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
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
 
Six Months Ended
(In thousands)
September 1,
2012
 
August 27,
2011
 
September 1,
2012
 
August 27,
2011
Basic earnings per share – weighted common shares outstanding
27,922

 
27,796

 
27,855

 
27,829

Weighted average effect of nonvested share grants and assumed exercise of stock options
514

 

 
475

 

Diluted earnings per share – weighted common shares and potential common shares outstanding
28,436

 
27,796

 
28,330

 
27,829

Earnings (loss) per share – basic
$
0.18

 
$
(0.06
)
 
$
0.24

 
$
(0.14
)
Earnings (loss) per share – diluted
0.18

 
(0.06
)
 
0.24

 
(0.14
)
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
624

 
1,349

 
915

 
1,248



Due to the net loss in fiscal 2012, there was no dilutive impact from unvested shares in the three and six-month periods ended August 27, 2011.