XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Aug. 26, 2017
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators used in Computing Earnings Per Share
The following is a reconciliation of the numerators and denominators used in computing earnings per share (in thousands, except per share amounts):
 
 
 
Thirteen Weeks Ended
 
Twenty-Six Weeks Ended
 
 
August 26, 2017
 
August 27, 2016
 
August 26, 2017
 
August 27, 2016
Net income from continuing operations
 
$
3,347

 
$
23,357

 
$
11,344

 
$
33,445

Net income from continuing operations attributable to participating securities
 
65

 
444

 
209

 
609

Net income from continuing operations available to shareholders
 
$
3,282

 
$
22,913

 
$
11,135

 
$
32,836

 
 
 
 
 
 
 
 
 
Net loss from discontinued operations
 
$
(504
)
 
$
(1,282
)
 
$
(361
)
 
$
(1,744
)
Net loss from discontinued operations attributable to participating securities
 
(9
)
 
(24
)
 
(6
)
 
(32
)
Net loss from discontinued operations available to shareholders
 
$
(495
)
 
$
(1,258
)
 
$
(355
)
 
$
(1,712
)
Net income available to shareholders
 
$
2,787

 
$
21,655

 
$
10,780

 
$
31,124

Basic earnings per share:
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding
 
40,198

 
40,944

 
40,236

 
41,357

Basic earnings per share:
 


 


 


 


Continued operations
 
$
0.08

 
$
0.56

 
$
0.28

 
$
0.79

Discontinued operations
 
(0.01
)
 
(0.03
)
 
(0.01
)
 
(0.04
)
Basic earnings per share
 
$
0.07

 
0.53

 
0.27

 
$
0.75

Diluted earnings per share:
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding
 
40,198

 
40,944

 
40,236

 
41,357

Dilutive effect of potential common shares(a)
 
62

 
178

 
75

 
149

Diluted weighted-average number of common shares outstanding
 
40,260

 
41,122

 
40,311

 
41,506

Diluted earnings per share:
 


 


 


 


Continued operations
 
$
0.08

 
$
0.56

 
$
0.28

 
$
0.79

Discontinued operations
 
(0.01
)
 
(0.03
)
 
(0.01
)
 
(0.04
)
Diluted earnings per share
 
$
0.07

 
$
0.53

 
$
0.27

 
$
0.75

(a)
The computation of diluted earnings per share attributable to The Finish Line, Inc. shareholders excludes options to purchase approximately 3.4 million and 3.1 million shares of common stock in the thirteen weeks ended August 26, 2017 and August 27, 2016, respectively, and 3.4 million and 3.0 million shares of common stock in the twenty-six weeks ended August 26, 2017 and August 27, 2016, respectively, because the impact of such options would have been anti-dilutive.