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Net Earnings (Loss) Per Share
 9 Months Ended
Dec. 05, 2015
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share
NOTE 9—NET EARNINGS PER SHARE
Basic net earnings per share is calculated using net earnings attributable to SUPERVALU INC. divided by the weighted average number of shares outstanding during the period. Diluted net earnings per share is similar to basic net earnings per share except that the weighted average number of shares outstanding is computed after giving effect to the dilutive impacts of stock-based awards.
The following table reflects the calculation of basic and diluted net earnings per share:
 
Third Quarter Ended
 
Year-To-Date Ended
 
December 5, 
 2015 
 (12 weeks)
 
November 29, 
 2014 
 (12 weeks)
 
December 5, 
 2015 
 (40 weeks)
 
November 29, 
 2014 
 (40 weeks)
Net earnings from continuing operations
$
35

 
$
12

 
$
129

 
$
91

Less net earnings attributable to noncontrolling interests
(1
)
 
(2
)
 
(6
)
 
(6
)
Net earnings from continuing operations attributable to SUPERVALU INC.
34

 
10

 
123

 
85

Income from discontinued operations, net of tax
—

 
69

 
3

 
68

Net earnings attributable to SUPERVALU INC.
$
34

 
$
79

 
$
126

 
$
153

 
 
 
 
 
 
 
 
Weighted average number of shares outstanding—basic
264

 
261

 
263

 
260

Dilutive impact of stock-based awards
4

 
4

 
5

 
3

Weighted average number of shares outstanding—diluted
268

 
265

 
268

 
263

 
 
 
 
 
 
 
 
Basic net earnings per share attributable to SUPERVALU INC.:
Continuing operations
$
0.13

 
$
0.04

 
$
0.47

 
$
0.33

Discontinued operations
$
—

 
$
0.27

 
$
0.01

 
$
0.26

Basic net earnings per share
$
0.13

 
$
0.31

 
$
0.48

 
$
0.59

Diluted net earnings per share attributable to SUPERVALU INC.:
Continuing operations
$
0.13

 
$
0.04

 
$
0.46

 
$
0.33

Discontinued operations
$
—

 
$
0.26

 
$
0.01

 
$
0.26

Diluted net earnings per share
$
0.13

 
$
0.30

 
$
0.47

 
$
0.58


Stock-based awards of 12 and 10 that were outstanding during the third quarters of fiscal 2016 and 2015, respectively, were excluded from the calculation of diluted net earnings per share from continuing operations for the periods because their inclusion would be antidilutive. Stock-based awards of 10 and 10 were outstanding during fiscal 2016 and 2015 year-to-date, respectively, but were excluded from the calculation of diluted net earnings per share from continuing operations for the periods because their inclusion would be antidilutive.