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NET EARNINGS (LOSS) PER SHARE
 4 Months Ended
Jun. 14, 2014
Earnings Per Share [Abstract]  
NET EARNINGS (LOSS) PER SHARE

NOTE 10 – NET EARNINGS (LOSS) PER SHARE

Basic net earnings (loss) per share is calculated using net earnings (loss) attributable to SUPERVALU INC. stockholders divided by the weighted average number of shares outstanding during the period. Diluted net earnings (loss) per share is similar to basic net earnings (loss) per share except that the weighted average number of shares outstanding is computed after giving effect to the dilutive impacts of stock-based awards.

The following table reflects the calculation of basic and diluted net earnings (loss) per share:

 

     First Quarter Ended  
     June 14, 2014
(16 weeks)		     June 15, 2013
(16 weeks)		  

Net earnings (loss) from continuing operations

    $ 48      $ (102 ) 

Less Net earnings attributable to noncontrolling interests

      2        3   
  

 

 

    

 

 

  

Net earnings (loss) from continuing operations attributable to SUPERVALU INC.

      46        (105 ) 

(Loss) income from discontinued operations, net of tax

      (3 )      190   
  

 

 

    

 

 

  

Net earnings attributable to SUPERVALU INC.

    $ 43      $ 85   

Weighted average number of shares outstanding – basic

      260        246   

Dilutive impact of stock-based awards

      2        4   
  

 

 

    

 

 

  

Weighted average number of shares outstanding – diluted(1)

      262        250   

Basic net earnings (loss) per share attributable to SUPERVALU INC.:

     

Continuing operations

    $ 0.18      $ (0.43 ) 

Discontinued operations

    $ (0.01 )    $ 0.78   

Basic net earnings per share

    $ 0.17      $ 0.35   

Diluted net earnings (loss) per share attributable to SUPERVALU INC.:

     

Continuing operations(1)

    $ 0.18      $ (0.43 ) 

Discontinued operations(1)

    $ (0.01 )    $ 0.77   

Diluted net earnings per share

    $ 0.17      $ 0.34   

 

(1) Weighted average number of shares outstanding – diluted was equal to Weighted average number of shares outstanding – basic for the computation of diluted net loss per share from discontinued operations for the first quarter ended June 14, 2014 and diluted net loss per share from continuing operations for the first quarter ended June 15, 2013.

Stock-based awards of 17 and 20 were outstanding during the first quarter ended June 14, 2014 and June 15, 2013, respectively, but were excluded from the calculation of diluted net earnings (loss) per share from continuing operations for the periods because their inclusion would be antidilutive.