(Loss) Income Per Share

12 Months Ended

Mar. 03, 2018

5. (Loss) Income Per Share

Basic (loss) 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 (loss) 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.

	March 3, 2018 (52 Weeks)			March 4, 2017 (53 Weeks)			February 27, 2016 (52 Weeks)
Basic and diluted (loss) income per share:
Numerator:
(Loss) income from continuing operations attributable to common stockholders—basic and diluted	$	(349,532	)	$	4,080		$	102,088
Income (loss) from discontinued operations attributable to common stockholders—basic and diluted		1,293,002			(27	)		63,377

Income attributable to common stockholders—basic and diluted	$	943,470		$	4,053		$	165,465


Denominator:
Basic weighted average shares		1,049,628			1,044,427			1,024,377
Outstanding options and restricted shares, net		—			16,399			17,985

Diluted weighted average shares		1,049,628			1,060,826			1,042,362


Basic (loss) income per share:
Continuing operations	$	(0.33	)	$	0.00		$	0.10
Discontinued operations		1.23			(0.00	)		0.06

Net basic income per share	$	0.90		$	0.00		$	0.16


Diluted income (loss) per share:
Continuing operations	$	(0.33	)	$	0.00		$	0.10
Discontinued operations		1.23			(0.00	)		0.06

Net diluted income per share	$	0.90		$	0.00		$	0.16

Due to their antidilutive effect, 7,484, 3,200 and 3,464 potential common shares related to stock options have been excluded from the computation of diluted income per share as of March 3, 2018, March 4, 2017 and February 27, 2016, 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.