XML 29 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Per Share
 6 Months Ended
Sep. 02, 2017
Income Per Share  
Income Per Share

 

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.

 

 

 

Thirteen Week Period
Ended

 

Twenty-Six Week Period
Ended

 

 

 

September 2,
2017

 

August 27,
2016

 

September 2,
2017

 

August 27,
2016

 

Numerator for income per share:

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders—basic and diluted

 

$
170,716

 

$
14,773

 

$
95,367

 

$
10,185

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares

 
1,048,548

 
1,044,198

 
1,047,687

 
1,043,317

 

Outstanding options and restricted shares, net

 
18,668

 
17,251

 
22,597

 
17,210

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares

 
1,067,216

 
1,061,449

 
1,070,284

 
1,060,527

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted income per share

 

$
0.16

 

$
0.01

 

$
0.09

 

$
0.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due to their antidilutive effect, 9,206 and 3,351 potential common shares related to stock options have been excluded from the computation of diluted income per share for the thirteen week period ended September 2, 2017 and August 27, 2016, respectively. Due to their antidilutive effect, 5,596 and 3,351 potential common shares related to stock options have been excluded from the computation of diluted income per share for the twenty-six week period ended September 2, 2017 and August 27, 2016, respectively.