Income Per Share

12 Months Ended

Mar. 04, 2017

4. Income Per Share

Basic income per share is computed by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted income 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 4, 2017 (53 Weeks)		February 27, 2016 (52 Weeks)		February 28, 2015 (52 Weeks)
Numerator for income per share:
Income attributable to common stockholders—basic	$	4,053	$	165,465	$	2,109,173
Add back—interest on convertible notes		—		—		5,456

Income attributable to common stockholders—diluted	$	4,053	$	165,465	$	2,114,629


Denominator:
Basic weighted average shares		1,044,427		1,024,377		971,102
Outstanding options and restricted shares, net		16,399		17,985		21,967
Convertible notes		—		—		24,792

Diluted weighted average shares		1,060,826		1,042,362		1,017,861


Basic income per share	$	0.00	$	0.16	$	2.17


Diluted income per share	$	0.00	$	0.16	$	2.08

Due to their antidilutive effect, 3,200, 3,464 and 2,777 potential common shares related to stock options have been excluded from the computation of diluted income per share as of March 4, 2017, February 27, 2016 and February 28, 2015, respectively.

During May 2015, $64,089 of the Company's 8.5% convertible notes due 2015 were converted into 24,762 shares of common stock, pursuant to their terms.