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COMPUTATION OF EARNINGS PER COMMON SHARE
12 Months Ended
Mar. 28, 2020
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share
COMPUTATION OF EARNINGS PER COMMON SHARE

Basic earnings (loss) per share is calculated by dividing net income (loss) associated with common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share assumes the issuance of additional shares of common stock by the Company upon exercise of all outstanding stock options and vesting of restricted stock, if the effect is dilutive, in accordance with the treasury stock method or two-class method (whichever is more dilutive). Refer to Note 2, Significant Accounting Policies, for additional information regarding the Company's computation of earnings (loss) per common share.

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the years ended March 28, 2020, March 30, 2019, and March 31, 2018:

 
 
Fiscal Year Ended
(in thousands, except earnings per share data)
 
March 28, 2020
 
March 30, 2019
 
March 31, 2018
Numerator:
 
 
 
 
 
 
Net loss
 
$
(827,182
)
 
$
(135,561
)
 
$
(869
)
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average common shares-basic
 
39,658

 
37,569

 
32,345

Weighted average shares-diluted
 
39,658

 
37,569

 
32,345

 
 
 
 
 
 
 
Basic loss per common share
 
$
(20.86
)
 
$
(3.61
)
 
$
(0.03
)
Diluted loss per common share
 
$
(20.86
)
 
$
(3.61
)
 
$
(0.03
)
 
 
 
 
 
 
 
Potentially dilutive securities excluded from diluted loss per share because their effect is anti-dilutive
 
1,740

 
616

 
543