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Income Per Share
6 Months Ended
Sep. 29, 2013
Earnings 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      Six Months Ended  
     September 29,
2013
     September 30,
2012
     September 29,
2013
     September 30,
2012
 
     (In thousands, except per share amounts)  

Income from continuing operations

   $ 10,977       $ 11,780       $ 7,927       $ 30,221   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares:

           

Weighted-average shares outstanding – basic

     87,430         93,762         88,288         95,584   

Dilutive potential common shares, using treasury stock method

     239         187         432         575   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding – diluted

     87,669         93,949         88,720         96,159   
  

 

 

    

 

 

    

 

 

    

 

 

 

Income from continuing operations per share:

           

Basic

   $ 0.13       $ 0.13       $ 0.09       $ 0.32   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.13       $ 0.13       $ 0.09       $ 0.31   
  

 

 

    

 

 

    

 

 

    

 

 

 

Stock-based awards, including stock options and restricted stock units, representing 15.0 million and 16.1 million shares of common stock have been excluded from the diluted per share calculations for the three and six months ended September 29, 2013, respectively, and 20.0 million and 18.2 million shares of common stock have been excluded from the diluted per share calculations for the three and six months ended September 30, 2012, respectively. These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.