Income (Loss) Per Share

6 Months Ended

Aug. 31, 2013

Income (Loss) Per Share

Income (Loss) Per Share

2. Income (Loss) Per Share

        Basic income (loss) per share is computed by dividing income (loss) available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted income (loss) 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
	August 31, 2013			September 1, 2012			August 31, 2013			September 1, 2012
Numerator for income (loss) per share:
Net income (loss)	$	32,827		$	(38,765	)	$	122,489		$	(66,853	)
Accretion of redeemable preferred stock		(26	)		(26	)		(51	)		(51	)
Cumulative preferred stock dividends		(2,772	)		(2,612	)		(5,504	)		(5,186	)
Income (loss) attributable to common stockholders—basic	$	30,029		$	(41,403	)	$	116,934		$	(72,090	)
Add back—interest on convertible notes		—			—			2,728			—
Income (loss) attributable to common stockholders—diluted	$	30,029		$	(41,403	)	$	119,662		$	(72,090	)
Denominator:
Basic weighted average shares		901,992			889,645			897,993			888,573
Outstanding options and restricted shares, net		44,726			—			40,143			—
Convertible notes		—			—			24,800			—
Diluted weighted average shares		946,718			889,645			962,936			888,573
Basic income (loss) per share	$	0.03		$	(0.05	)	$	0.13		$	(0.08	)
Diluted income (loss) per share	$	0.03		$	(0.05	)	$	0.12		$	(0.08	)

        Due to their antidilutive effect, the following potential common shares have been excluded from the computation of diluted income (loss) per share as of August 31, 2013 and September 1, 2012:

	Thirteen Week Period Ended				Twenty-Six Week Period Ended
	August 31, 2013		September 1, 2012		August 31, 2013		September 1, 2012
Stock options		39,014		83,591		43,668		83,591
Convertible notes		24,800		24,800		—		24,800
Convertible preferred stock		34,109		32,137		34,109		32,137
		97,923		140,528		77,777		140,528

        Also excluded from the computation of diluted income (loss) per share as of August 31, 2013 and September 1, 2012 are restricted shares and restricted stock units of 0 and 12,856, respectively, which are included in shares outstanding.