Earnings Per Share

3 Months Ended

May 28, 2011

Earnings Per Share

Earnings Per Share

9) Earnings Per Share

The Company presents earnings per share on a basic and diluted basis. Basic earnings per share is computed by dividing net earnings by the weighted average number of shares outstanding. Diluted earnings per share is computed by dividing net earnings by the weighted average number of shares outstanding including the dilutive effect of stock-based awards as calculated under the treasury stock method.

Stock-based awards for the three months ended May 28, 2011 of approximately 1.5 million and for the three months ended May 29, 2010 of 1.2 million were excluded from the computation of diluted earnings per share as the effect would be anti-dilutive.