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Earnings (loss) Per Share
 9 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
Earnings (loss) Per Share
Earnings (loss) Per Share

The following table details the computation of basic and diluted earnings (loss) per common share from continuing operations for the periods presented (share numbers in thousands):
 
Three-months ended
Nine-months ended
 
December 31
December 31
 
2012

2011

2012

2011

Net income (loss)
$
8,518

$
(283,443
)
$
21,583

$
(258,976
)
Weighted-average common shares outstanding (basic)
16,412

17,581

16,783

17,806

Effect of dilutive securities from equity awards
113

—

80

—

Weighted-average common shares outstanding (diluted)
16,525

17,581

16,863

17,806

Basic earnings (loss) per common share
$
0.52

$
(16.12
)
$
1.29

$
(14.54
)
Dilutive earnings (loss) per common share
$
0.52

$
(16.12
)
$
1.28

$
(14.54
)
 
 
 
 
 


The Weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. There were 2,651,888 and 2,957,843 non-dilutive equity awards outstanding for the three-months ended December 31, 2012 and 2011, respectively, and 2,713,461 and 3,055,342 non-dilutive equity awards outstanding for the nine-months ended December 31, 2012 and 2011, respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.