Earnings Per Share

6 Months Ended

Sep. 29, 2012

Earnings Per Share [Abstract]

Earnings Per Share

10.Earnings Per Share

Basic earnings per share is based on the weighted effect of common shares issued and outstanding and is calculated by dividing net income by the basic weighted average shares outstanding during the period.  Diluted earnings per share is calculated by dividing net income by the weighted average number of common shares used in the basic earnings per share calculation, plus the equivalent number of common shares that would be issued assuming exercise or conversion of all potentially dilutive items outstanding.  These potentially dilutive items consist primarily of outstanding stock options and restricted stock units.

The weighted average outstanding options excluded from our diluted calculation for the three and six months endedSeptember 24, 2011, were 953,000 and 917,000, respectively,as the strike price of the options exceeded the average market price during theperiods.