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NET LOSS PER SHARE
12 Months Ended
Mar. 02, 2013
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 10 -     NET LOSS PER SHARE

 

In accordance with ASC Topic 260 “Earnings Per Share”, basic net loss per share has been computed based upon the weighted average common shares outstanding. Diluted net loss per share gives effect to outstanding stock options, if they are dilutive.

 

Net loss per share was computed as follows:

 

    Thirty-Five     Fiscal Year  
    Weeks Ended     Ended  
    October 29, 2011     February 26, 2011  
    (in thousands, except pre share amounts)  
             
Basic and diluted net loss per share:                
Net loss   $ (76,027 )   $ (32,857 )
Average shares outstanding - basic and diluted (1)     14,448       14,456  
Net loss per share - basic and diluted   $ (5.26 )   $ (2.27 )

 

(1) All outstanding options were anti-dilutive for the thirty-five weeks ended October 29, 2011 and fiscal 2010.