Loss Per Share

6 Months Ended

Sep. 01, 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.

	Thirteen Week Period Ended						Twenty-Six Week Period Ended
	September 1, 2012			August 27, 2011			September 1, 2012			August 27, 2011
Numerator for loss per share:
Net loss	$	(38,765	)	$	(92,254	)	$	(66,853	)	$	(155,336	)
Accretion of redeemable preferred stock		(26	)		(26	)		(51	)		(51	)
Cumulative preferred stock dividends		(2,612	)		(2,461	)		(5,186	)		(4,886	)
Loss attributable to common stockholders, basic and diluted	$	(41,403	)	$	(94,741	)	$	(72,090	)	$	(160,273	)
Denominator:
Basic and diluted weighted average shares		889,645			885,621			888,573			884,768
Basic and diluted loss per share	$	(0.05	)	$	(0.11	)	$	(0.08	)	$	(0.18	)

        Due to their antidilutive effect, the following potential common shares have been excluded from the computation of diluted loss per share as of September 1, 2012 and August 27, 2011:

	Thirteen Week Period Ended				Twenty-Six Week Period Ended
	September 1, 2012		August 27, 2011		September 1, 2012		August 27, 2011
Stock options		83,591		77,713		83,591		77,713
Convertible preferred stock		32,137		30,279		32,137		30,279
Convertible debt		24,800		24,800		24,800		24,800
		140,528		132,792		140,528		132,792

        Also excluded from the computation of diluted loss per share as of September 1, 2012 and August 27, 2011 are restricted shares and restricted stock units of 12,856 and 12,407, respectively, which are included in shares outstanding.