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Income per Share
12 Months Ended
Apr. 01, 2012
Income Per Share [Abstract]  
Income Per Share

Note 16. Income per Share

The following table sets forth the computation of basic and diluted income from continuing operations per share:

 

 

                         
    2012     2011     2010  
    (In thousands, except per share amounts)  

Income from continuing operations

  $ 119,443     $ 141,346     $ 67,545  
   

 

 

   

 

 

   

 

 

 

Shares:

                       

Weighted-average shares outstanding — basic

    101,766       107,647       116,037  

Dilutive potential common shares, using treasury stock method

    945       1,545       1,327  
   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding — diluted

    102,711       109,192       117,364  
   

 

 

   

 

 

   

 

 

 

Income from continuing operations per share:

                       

Basic

  $ 1.17     $ 1.31     $ 0.58  
   

 

 

   

 

 

   

 

 

 

Diluted

  $ 1.16     $ 1.29     $ 0.58  
   

 

 

   

 

 

   

 

 

 

Stock-based awards, including stock options and restricted stock units, representing 16.6 million, 14.5 million and 20.5 million shares of common stock have been excluded from the diluted per share calculations for fiscal 2012, 2011 and 2010, respectively. These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.