Loss Per Share

12 Months Ended

Mar. 03, 2012

Loss Per Share

Loss Per Share

2. Loss Per Share

        Basic loss per share is computed by dividing loss available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the income of the Company subject to anti-dilution limitations.

	Year Ended
	March 3, 2012 (53 Weeks)			February 26, 2011 (52 Weeks)			February 27, 2010 (52 Weeks)
Numerator for loss per share:
Net loss	$	(368,571	)	$	(555,424	)	$	(506,676	)
Accretion of redeemable preferred stock		(102	)		(102	)		(102	)
Cumulative preferred stock dividends		(9,919	)		(9,346	)		(8,807	)
Loss applicable to common stockholders—basic and diluted	$	(378,592	)	$	(564,872	)	$	(515,585	)
Denominator:
Basic and diluted weighted average shares		885,819			882,947			880,843
Basic and diluted loss per share	$	(0.43	)	$	(0.64	)	$	(0.59	)

        Due to their antidilutive effect, the following potential common shares have been excluded from the computation of diluted loss per share as of March 3, 2012, February 26, 2011 and February 27, 2010:

	Year Ended
	March 3, 2012 (53 Weeks)		February 26, 2011 (52 Weeks)		February 27, 2010 (52 Weeks)
Stock options		73,798		74,298		76,114
Convertible preferred stock		31,195		29,391		27,692
Convertible debt		24,800		24,800		61,045
		129,793		128,489		164,851

        Also excluded from the computation of diluted loss per share as of March 3, 2012, February 26, 2011 and February 27, 2010 are restricted shares and restricted stock units of 11,506, 7,078, and 5,944 which are included in shares outstanding.