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Income Per Share
3 Months Ended
Jul. 01, 2012
Income Per Share [Abstract]  
Income Per Share

Note 8. Income Per Share

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

 

                 
    Three Months Ended  
    July 1,
2012
    July 3,
2011
 
    (In thousands, except per share
amounts)
 
     

Income from continuing operations

  $ 18,441     $ 34,196  
   

 

 

   

 

 

 
     

Shares:

               

Weighted-average shares outstanding – basic

    97,405       104,679  

Dilutive potential common shares, using treasury stock method

    964       1,110  
   

 

 

   

 

 

 

Weighted-average shares outstanding – diluted

    98,369       105,789  
   

 

 

   

 

 

 
     

Income from continuing operations per share:

               

Basic

  $ 0.19     $ 0.33  
   

 

 

   

 

 

 

Diluted

  $ 0.19     $ 0.32  
   

 

 

   

 

 

 

Stock-based awards, including stock options and restricted stock units, representing 16.5 million and 14.4 million shares of common stock have been excluded from the diluted per share calculations for the three months ended July 1, 2012 and July 3, 2011, respectively. These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.